HEINY Stock Recent News

Heineken N.V. reports the progress of transactions under its current  share buyback programme

Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Heineken NV (HEINY) or Brown-Forman B (BF.B). But which of these two stocks offers value investors a better bang for their buck right now?

Heineken N.V. publishes combined Financial and Sustainability Annual Report 2024     Amsterdam, 20 February 2025 – Today we published our Heineken N.V.

Heineken N.V. reports the progress of transactions under its current  share buyback programme   Amsterdam, 17 February 2025 - Heineken N.V.

Heineken NV shares surged after the brewer announced a buyback and reported strong beer sales including in Brazil and Mexico, helping the company gain ground on rivals in more than half of its key markets. Shares of Heineken, dragged down by more than a quarter over the past year through Tuesday's close, rose as much as 13% in early trading in Amsterdam — the most on an intraday basis since 2008.

LUXEMBOURG--(BUSINESS WIRE)-- #ECJ--The European Court of Justice (ECJ) this week ruled that damages claims arises from market abuses by Heineken's Greek subsidiary should be decided in the Netherlands court. The ruling is a crucial milestone in efforts to make Heineken as a corporation accountable for the actions of its subordinate businesses. It followed closely ECJ Advocate General Kokott's September 2024 opinion, finding that there is a “close connection” between the claims brought against both He.

Heineken's Q4 results exceeded expectations with +4.7% top line sales growth, driven by volume growth in Africa and APAC and a strong EBIT acceleration. Heineken's fiscal 2024 Net debt-to-EBITDA ratio improved to 2.2x, with a €500 million positive delta due to higher free cash flow generation. The company forecasts 2025 organic EBIT growth of +4/8%, with a higher DPS and a €1.5 billion share buyback announcement. The valuation remains attractive. Our buy is confirmed.

Having lagged badly, Heineken stock received a much-welcomed boost following the release of fourth quarter and full-year 2024 results. With the market concerned about the outlook for alcohol stocks, better-than-expect volumes, and earnings indicate that things aren't too bad out there. These shares are still cheaper than they were when I last covered them in September, with that equating to a ~20%-25% discount compared to pre-COVID levels.

Heineken N.V. announces first tranche of its €1.5 billion share buyback programme  Press release Amsterdam, 13 February 2025 – Heineken N.V.

Shares of Heineken (HEINY 14.93%) are flying higher on Wednesday. The company's stock had gained 13.9% at 11:45 a.m.