Logotype for Heineken N.V.

Heineken (HEIA) investor relations material

Heineken CMD 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Heineken N.V.
CMD 2025 summary23 Oct, 2025

Strategic priorities and future plans

  • EverGreen 2030 strategy focuses on delivering superior and balanced growth, with a clear hierarchy: future-fit organization, growth, productivity, capital efficiency, and sustainability & responsibility.

  • Four key shifts: sharpen differentiation across markets, shape category leadership, focus on fewer, bigger brands, and scale execution with AI.

  • 17 focus markets drive about 90% of growth, with tailored strategies by market archetype (Value, Advancing, Developed).

  • Investment is concentrated on 5 global brands and 25 local power brands, with 80%+ of marketing and selling expenses behind these priorities.

  • AI and digital transformation are central, with Freddy.ai in-house agency and a €1bn+ investment in a digital backbone to drive efficiency and insights.

Financial guidance and targets

  • Medium-term ambition is mid-single-digit organic net revenue growth, with profitability and capital efficiency improvements.

  • Annual gross savings of €400–500m targeted, supporting >90% cash conversion and continued investment in brands.

  • ROIC and cash conversion are key metrics, with ROIC included in long-term incentives and a goal to keep net debt/EBITDA below 2.5x.

  • Capex optimized to 7–8% of net revenue, with sufficient capacity in focus markets to support growth without major new investments.

  • Dividend payout ratio maintained at 30–40% of net profit, with additional share buybacks as capital allows.

Business developments and operational changes

  • Portfolio optimized through acquisitions in high-growth markets (e.g., India, Southern Africa, Central America) and divestments from low-growth or non-core assets.

  • Supply chain transformed for agility and efficiency, with fewer breweries, optimized production flows, and digital connectivity.

  • HEINEKEN Business Services expanded to centralize and automate support functions, delivering 8–10% productivity per year.

  • Procurement excellence initiatives consolidate suppliers and leverage digital tools, targeting 60% of value enabled by digital solutions.

  • Sustainability goals include Net Zero Scope 1 & 2 by 2030, water usage below 2.6 hl/hl, and 40% women in senior management.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Heineken earnings date

Logotype for Heineken N.V.
Q4 202511 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Heineken earnings date

Logotype for Heineken N.V.
Q4 202511 Feb, 2026

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

The owner of over 300 beer and cider brands

With more than 300 beer and cider brands, Heineken is the number one brewer in Europe and number two in the world. The company develops new drinks, acquires new brands, and markets them globally. There are many subsidiaries, and you might recognize Tecate, Amstel, Birra Moretti, Dos Equis, Sol, Carta Blanca, and Red Stripe. Some of Heineken’s competitors are Carlsberg Group, Anheuser-Busch InBev, and Diageo.

From a small Amsterdam brewery to a global brand

The company was founded in 1864 by Gerard Adriaan Heineken, who, at only 22 years of age, bought a brewery called De Hooiberg (The Haystack) in Amsterdam. His son, Henry Pierre Heineken, managed the company from 1917 to 1940. During his tenure, Heineken invested in maintaining consistent beer quality during large-scale production and exports. Only three days after the prohibition ended in the US, the first Heineken shipment landed in New York.

This Amsterdam-based Dutch brewing company employs over 85,000 persons and has operational facilities in more than 70 countries. If you’re in Amsterdam, however, you should visit the Heineken Experience; the original brewery of Heineken, which closed in 1988 and is preserved as a museum.

The special A-yeast

There’s more to Heineken than meets the eye; their specialty, the A-yeast, is the main factor behind the beer’s rich flavor and taste. It was cultivated in 1886 by French chemist Louis Pasteur student and is still used solely by Heineken today.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage