HEIA.AS - Heineken N.V.

Amsterdam - Amsterdam Delayed price. Currency in EUR
70.78
-1.84 (-2.53%)
At close: 5:36PM CEST
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Previous close72.62
Open72.62
Bid0.00 x 0
Ask0.00 x 0
Day's range70.58 - 72.80
52-week range68.82 - 105.00
Volume1,479,039
Avg. volume957,613
Market cap40.483B
Beta (5Y monthly)0.62
PE ratio (TTM)18.77
EPS (TTM)3.77
Earnings date12 Feb 2020
Forward dividend & yield1.68 (2.31%)
Ex-dividend date27 Apr 2020
1y target est92.35
  • Mexico without Corona: Brewers suspend production during pandemic
    Reuters

    Mexico without Corona: Brewers suspend production during pandemic

    Mexicans fretted about beer supplies on Friday after Dutch brewer Heineken said it will suspend production at its seven plants in Mexico to comply with coronavirus containment measures, following a similar announcement by rival Modelo. On Twitter, the phrase "MexicoSinCerveza," or Mexico without beer, was trending on Friday. Heineken Mexico, which employs 16,000 workers, said its decision was a response to the government's decision to halt non-essential economic activity to contain the new coronavirus.

  • Spain Sells $11 Billion of Debt, No Problem at All
    Bloomberg

    Spain Sells $11 Billion of Debt, No Problem at All

    (Bloomberg Opinion) -- Nothing says funding is not a problem during this crisis than a 10 billion-euro ($11 billion) debt issue. Spain, in a state of emergency because of the coronavirus, achieved this on Tuesday with a seven-year bond sale that attracted more than 36 billion euros of orders.The country was one of 11 high-grade borrowers testing the waters in what was the busiest day of the month for bond sales and the fourth-busiest of the year. This week’s volumes have already surpassed the total of the first three weeks of March, when the outbreak really suppressed supply. Wednesday is set to be even bigger.Raising such a jumbo deal did mean Spain had to offer a yield that was 18 basis points higher than an existing, slightly shorter seven-year bond. Its last syndicated issue, earlier this year, came with a lower yield than its existing debt. However, the world has changed profoundly and issuers have to be prepared to dangle a carrot to entice investor demand. In the circumstances, this wasn’t much of a premium for investors.A similar phenomenon was also evident for the European Investment Bank, whose three-year bond deal came at an 11 basis-point premium to its existing equivalent. Likewise, premiums were in evidence Monday for new deals from the German States of Bavaria and Saxony-Anhalt. Though, again, they weren’t huge, which shows how desperate investors are to find somewhere to put their money.Corporate deals are making a comeback too: Unilever NV and Engie SA last week followed the trend for higher yields. Company issuance has seen the biggest decline in the bond market this year, unsurprisingly give the business shutdowns, running nearly 20% behind last year's pace. Coca Cola European Partners, Sanofi and Nestle SA all came to the market with multi-tranche issues on Tuesday, illustrating the improvement in conditions. Heineken NV, Danaher Corp. and Carrefour SA were doing benchmark euro deals on Wednesday.The European Central Bank can breathe a bit easier as its 1 trillion euros of quantitative easing planned for the rest of this year is starting to take effect. As there will be considerable emphasis on its corporate sector purchasing program, many of the new investment grade deals should benefit from being scooped up by the ECB, if they’re from Europe-based issuing entities.Wednesday has also seen the return of major banks with Lloyds Banking Group Plc, HSBC Holdings Plc, and Goldman Sachs Group Inc. all bringing euro deals. Credit spreads (the yield on corporate debt relative to sovereign benchmarks) have ballooned since late February, offering better returns for investors than government bonds if they have cash to put to work. Those spreads will start to narrow, but the virus has created a new paradigm, whereby a decent new-issue premium is essential to a successful deal. Normality is returning to European debt capital markets, but the heady days of super-tight credit spreads and incredibly low non-core government bond yields look to be over.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Marcus Ashworth is a Bloomberg Opinion columnist covering European markets. He spent three decades in the banking industry, most recently as chief markets strategist at Haitong Securities in London.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Heineken to pour $183 million into expansion in Brazil
    Reuters

    Heineken to pour $183 million into expansion in Brazil

    Heineken NV will invest 865 million reais ($183 million) to expand its Ponta Grossa brewing plant in Brazil, the company said on Monday, as competition between the world's two largest beer makers bubbles up. The Dutch brewer will make the investment this year and next and focus on it Heineken and Amstel brands at the third-largest brewing facility in Parana state in Brazil, its most important market worldwide. The company did not give details of the expansion plan, stating only that production would rise by 75%.

  • Should You Be Tempted To Sell Heineken N.V. (AMS:HEIA) Because Of Its P/E Ratio?
    Simply Wall St.

    Should You Be Tempted To Sell Heineken N.V. (AMS:HEIA) Because Of Its P/E Ratio?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll apply a basic P/E...

  • Shopify Shares Soar After Reporting Almost 50% Revenue Jump
    Bloomberg

    Shopify Shares Soar After Reporting Almost 50% Revenue Jump

    (Bloomberg) -- Shopify Inc. reported fourth-quarter revenue that topped analysts’ estimates and gave an optimistic forecast for this year, boosted by holiday shopping and add-on services such as payment and marketing tools. The shares surged the most in almost four years.Sales grew by 47% to $505.2 million in the quarter, Ottawa-based Shopify said in a statement Wednesday. Analysts expected $481.6 million, according to data compiled by Bloomberg. For 2020, Shopify said it sees revenue of $2.13 billion to $2.16 billion, compared with analysts’ projection for $2.12 billion.The key metric of gross merchandise volume, which represents the value of all goods sold on the platform, increased 47% from a year earlier. Over the Black Friday/Cyber Monday holiday weekend, merchants on Shopify’s platform, which now number more than 1 million, made more than $2.9 billion in sales, up from $1.8 billion a year earlier, according to the company.The New York-listed shares jumped as much as 15.5% at 9:30 a.m. Wednesday, to a new record of $569.10.The stock has risen more than 70% from November, boosted by the pace of revenue growth and amid optimism for a fulfillment center plan announced last year. Shopify said in June that it will invest $1 billion in facilities over five years to help merchants on its platform deliver products quickly and easily, following a path blazed by Amazon.com Inc. A few months later, Shopify made its biggest acquisition yet, paying $450 million for 6 River Systems, a warehouse robotics company.Shopify helps businesses open their own digital stores across multiple channels, including social media, through its platform. The company also provides point-of-sale services in brick-and-mortar stores, competing with Square Inc.The company also swung to a profit in the fourth quarter, reporting $771 million, compared with a loss of $1.5 billion a year earlier. Profit excluding some costs was 43 cents a share in the quarter, beating analysts’ projection for 24 cents.“Shopify’s 4Q 2019 performance was impressive in our view,” said Anthony Chukumba, an analyst at Loop Capital Markets, in a note following the results. “We were particularly encouraged by the gross merchandise volume (GMV) growth, which further demonstrates how Shopify is ‘democratizing commerce’ and providing value to its merchants.”Besides fulfillment centers, the company has rolled out tools such as chat and email, as well as video and 3D modeling for products to help merchants improve marketing and build direct relationships with buyers. Such investments combined with the company’s push to capture international markets could prevent any significant margin expansion in 2020, said Anurag Rana, a senior analyst with Bloomberg Intelligence, in a Feb. 5 note.Chief Financial Officer Amy Shapero acknowledged on an earnings call that 2020 is “clearly a year of heavy investment” for Shopify, but the company expects to see strong growth from the resulting increase in clients and gross merchandise volume, she added.Shopify said it expects an operating loss in the range of $324 million to $344 million in 2020.While it mainly caters to small and medium businesses, Shopify also counts high-profile brands such as Gatorade, Aerosoles, Victoria Beckham Beauty, Heineken, and SpaceX. Shopify Plus, a segment geared toward companies with high sales volumes, has been key to attracting such larger brands. Shopify Plus contributed 27% of the company’s overall monthly recurring revenue, compared with 25.4% in the same quarter last year.To contact the reporter on this story: Nikitha Sattiraju in New York at nsattiraju@bloomberg.netTo contact the editors responsible for this story: Molly Schuetz at mschuetz9@bloomberg.net, Jacqueline ThorpeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters - UK Focus

    LIVE MARKETS-"Renewa-bull or Renewabubble?"

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@tr.com), Joice Alves (joice.alves@tr.com), Julien Ponthus (julien.ponthus@tr.com) in London and Danilo Masoni (danilo.masoni@tr.com) in Milan.

  • Heineken sees more profit growth in final year for long-serving CEO
    Reuters

    Heineken sees more profit growth in final year for long-serving CEO

    Heineken , the world's second largest brewer, forecast lower barley and aluminum costs would help to boost profits this year, when its long-serving chief executive will step down. Shares in the maker of Heineken, Europe's top-selling lager, as well as Tiger, Sol and Strongbow cider, jumped more than 6% in early Wednesday trading as investors cheered solid fourth-quarter results, led by growth in Vietnam, Cambodia and Brazil. Along with a more moderate increase in input costs, that should result in a mid-single digit percentage rise in operating profit in 2020, it added, while saying it was too early to assess the impact of the coronavirus outbreak on its business.

  • Alcohol-free beer helps Heineken to best year in a decade
    Yahoo Finance UK

    Alcohol-free beer helps Heineken to best year in a decade

    Heineken 0.0 helped sales of the core brand jump 8.3% in 2019, the best growth in 10 years.

  • Reuters - UK Focus

    LIVE MARKETS-European stocks seen higher on hopes coronavirus is slowing

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@tr.com), Joice Alves (joice.alves@tr.com), Julien Ponthus (julien.ponthus@tr.com) in London and Danilo Masoni (danilo.masoni@tr.com) in Milan.

  • Heineken CEO to step down, replaced by Asia chief
    Reuters

    Heineken CEO to step down, replaced by Asia chief

    Jean-Francois van Boxmeer, chief executive of Dutch brewer Heineken for the past 15 years, will step down on June 1 and be replaced by the head of the company's Asia-Pacific region, the world's second largest beer maker said on Tuesday. The brewer of Europe's top lager Heineken, as well as Sol, Tiger and Strongbow cider, announced the change a day before it publishes its 2019 results. Belgian Van Boxmeer, 58, joined Heineken in 1984 as a trainee and took a number of management positions, including in Africa, before becoming CEO in 2005.

  • Is Heineken N.V. (AMS:HEIA) Overpaying Its CEO?
    Simply Wall St.

    Is Heineken N.V. (AMS:HEIA) Overpaying Its CEO?

    Jean-François M. Van Boxmeer became the CEO of Heineken N.V. (AMS:HEIA) in 2005. This report will, first, examine the...

  • Reuters - UK Focus

    Beer, wine, spirit makers pledge age-restriction labels on drinks

    Twelve leading beer, wine and spirits companies have pledged to put clear age-restriction labels on their drinks and set tighter controls on access to their online content in a bid to reduce underage drinking. The International Alliance for Responsible Drinking (IARD), which includes Anheuser-Busch InBev, Diageo and Pernod Ricard, say age-restriction symbols or wording would be in place in all markets by 2024. The labels would also extend to alcohol-free versions of established brands.

  • Reuters - UK Focus

    LIVE MARKETS-CLOSING SNAPSHOT: NEW RECORD

    * Wall Street opens slightly higher Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. The pan-European index hit a fresh high today as the market was celebrating the Phase 1 of the trade deal between the U.S. and China. The STOXX 600 gained 0.9% with the basic resources index jumping 2%, while the FTSE 100 was up 0.9% thanks to a weaker pound.

  • Reuters - UK Focus

    LIVE MARKETS-Netherlands: Time to join the equity party?

    * Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. The Amsterdam Exchanges Index hit its highest today in almost 19 years.

  • Bloomberg

    Milkman Concept Revived By Dutch Online Supermarket Seeking Edge

    (Bloomberg) -- The milk float, a home-delivery service that evolved from horse-drawn carriages to early electric vehicles, belongs firmly in the past. Or does it?A little known Amsterdam-based online grocery company had revived the concept, but with a modern flourish.Picnic BV has a concept dubbed “Milkman 2.0” to deliver groceries using electric vehicles, focusing on less food waste and fewer food miles traveled. The company buys and delivers locally, with its vans going no faster that 50 kilometers per hour.“Our aim is create a sustainable infrastructure for food delivery,” Joris Beckers, the company’s 53-year-old co-founder, said in a phone interview.Founded in 2015, Picnic has unleashed a fleet of 1,000 electric vans on to the streets of the Netherlands and Germany and plans to add “hundreds more” by the end of 2020. The company says the delivery vehicle it has designed and produced is fully electric and “has no small particle emissions and prevents traffic due to its slim design.”Wealthy BackersBacked by investors including the investment arm of the entrepreneurial Fentener van Vlissingen family, the company raised 250 million euros ($278 million) in a new round of funding in November.Other backers include De Hoge Dennen Capital, the De Rijke family and Hoyberg, the investment arm of the Hoyer family, which is a shareholder of Heineken NV.“We are high growth, high risk, but in it for the long-term,” Beckers said.The company will use the cash to continue its growth and build a “robotised fulfilment center” for online groceries in Utrecht, Holland. The center will aim to process around 150,000 orders every week, it says.Building InfrastructureThe grocery-delivery market is intensely competitive, and Picnic’s concept is not entirely original. In the U.K., Ocado is among online supermarkets with no stores that delivers from its warehouses. In Germany, there’s Bringmeister.Picnic says it has a 5% market share in the most mature cities in which it is active. The grocery market in the Netherlands totals 40 billion euros and in Germany it’s 175 billion euros, according to the company.This year was a record for Picnic, which added almost 300,000 new customers in the Netherlands and Germany. Picnic’s annual revenue currently stands at about 300 million euros, but the company has its sights set on bigger things.A law graduate and a biking enthusiast, Beckers, who said at a Shop Talk Europe conference in 2017 that he “stumbled into the internet world around about 1999, when Amazon was still a little bookstore,” doesn’t want Picnic to stop at groceries.“Food is our entry point but we’re building an e-commerce infrastructure,” he said.For instance, the company is operating a number of pilot projects with fashion retailers including Zalando SE to allow customers to send their returns back via Picnic.“We are disrupting and significantly improving the e-commerce experience,” Beckers said.To contact the reporter on this story: Sarah Syed in London at ssyed35@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Vidya RootFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.

  • Should Heineken (AMS:HEIA) Be Disappointed With Their 66% Profit?
    Simply Wall St.

    Should Heineken (AMS:HEIA) Be Disappointed With Their 66% Profit?

    When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses...

  • What We Think Of Heineken N.V.’s (AMS:HEIA) Investment Potential
    Simply Wall St.

    What We Think Of Heineken N.V.’s (AMS:HEIA) Investment Potential

    Today we'll look at Heineken N.V. (AMS:HEIA) and reflect on its potential as an investment. Specifically, we'll...

  • How Many Heineken N.V. (AMS:HEIA) Shares Do Institutions Own?
    Simply Wall St.

    How Many Heineken N.V. (AMS:HEIA) Shares Do Institutions Own?

    The big shareholder groups in Heineken N.V. (AMS:HEIA) have power over the company. Institutions will often hold stock...

  • Reuters - UK Focus

    UPDATE 4-AB InBev loses $13 bln in value as beer drinking slows in Brazil and S.Korea

    Anheuser-Busch InBev saw more than $13 billion wiped off its market value on Friday, after a profit warning and weaker-than-expected third-quarter earnings growth sparked by reduced demand for its beer in Brazil and South Korea. The cautious outlook from the world's largest brewer came after main rival Heineken trimmed its 2019 guidance on Wednesday after an unexpected dip in sales in the Americas. The downbeat updates highlight challenges facing global brewers in large developing markets in Asia, Latin America and Africa, whose promise of higher growth is supposed to make up for reduced beer drinking in Europe and the United States.

  • Heineken to invest $244 million in Brazil by 2020 to double capacity: paper
    Reuters

    Heineken to invest $244 million in Brazil by 2020 to double capacity: paper

    Heineken , the world's second-largest brewer, will invest 985 million reais ($244 million) in Brazil to double its production capacity, CEO Mauricio Giamellaro told the Valor Econômico newspaper in an interview published on Friday. The investment, which started in January and is expected to be concluded by June 2020, is the largest by the Dutch brewer in Brazil since it acquired the local operations of Japan's Kirin in 2017 for 2.2 billion reais, the newspaper said. The maker of Heineken, Amstel and Eisenbahn has set a goal of double-digit growth in the mainstream and premium segments in Brazil, Giamellaro told Valor, adding a fall in sales volumes seen in the third quarter is unlikely to persist.

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