Heineken Holding N.V. reports 2015 full year results
10 Fevereiro 2016 - 4:22AM
Strong performance delivering on
strategy
Heineken Holding N.V. (EURONEXT: HEIO; OTCQX: HKHHY) today
announces:
- The net result of Heineken Holding N.V.'s participating
interest in Heineken N.V. for 2015 amounts to €957 million;
- Organic revenue +3.5% with revenue per hectolitre up +1.3%
- Consolidated beer volume +2.3% with positive growth in
Americas, Asia Pacific and Europe offsetting weaker volume in
Africa Middle East & Eastern Europe
- Heineken® volume in premium segment +3.5%
- Innovation rate of 9.2%, contributing €1.9 billion of
revenue
- Operating profit (beia) +6.9% organically
- Net profit (beia) of €2,048 million, up 16% organically
- Proposed 2015 total dividend up 18% at €1.30 per ordinary share
(2014: €1.10)
FINANCIAL SUMMARY
Key financials1 (in mhl or € million unless otherwise
stated) |
FY15 |
FY14 |
Total growth % |
Organic growth % |
Revenue |
20,511 |
|
19,257 |
|
6.5 |
|
3.5 |
|
Revenue/hl (in €) |
95 |
|
92 |
|
2.7 |
|
1.3 |
|
Operating profit (beia) |
3,381 |
|
3,129 |
|
8.1 |
|
6.9 |
|
Operating profit (beia) margin |
16.5 |
% |
16.2 |
% |
23 bps3 |
|
Net
profit (beia) |
2,048 |
|
1,758 |
|
16 |
16 |
Net
profit of Heineken Holding N.V. |
957 |
|
760 |
|
26 |
|
|
EPS
(in €) |
3.32 |
|
2.64 |
|
26 |
|
|
Free operating cash flow |
1,692 |
|
1,574 |
|
7.5 |
|
|
Net debt/ EBITDA (beia)2 |
2.4 |
|
2.5 |
|
|
|
1 Consolidated figures are used throughout this report, unless
otherwise stated; please refer to the Glossary section for an
explanation of non-IFRS measures and other terms used throughout
this report 2 Includes acquisitions and excludes disposals on a 12
month pro-forma basis 3 Comprises of 46 basis points underlying
improvement less 23 basis points dilution from Empaque
Heineken Holding N.V. engages in no activities other than its
participating interest in Heineken N.V. and the management or
supervision of and provision of services to that company.
OUTLOOK STATEMENT
- In 2016 HEINEKEN expects to deliver further organic revenue and
profit growth despite an increasingly challenging external
environment, with margin expansion in line with the medium term
margin guidance of a year on year improvement in operating profit
(beia) margin of around 40bps.
- Assuming spot rates as of 4 February 2016 the calculated
negative currency translational impact would be approximately €60
million at consolidated operating profit (beia), and €35 million at
net profit (beia). Foreign exchange markets remain very
volatile.
- HEINEKEN expects an average interest rate of c.3.3%, and an
effective tax rate (beia) broadly in line with 2015.
- Capital expenditure related to property, plant and equipment
should be slightly above €2 billion (2015: €1.6 billion).
TOTAL DIVIDEND FOR 2015
The Heineken N.V. dividend policy is to pay out a ratio of 30%
to 40% of full-year net profit (beia). For 2015, payment of a total
cash dividend of €1.30 per share (2014: €1.10) will be proposed to
the Annual General Meeting. This implies a 36% payout ratio, in
line with the payout ratio in 2014. If approved, a final dividend
of €0.86 per share will be paid on 4 May 2016, as an interim
dividend of €0.44 per share was paid on 12 August 2015. The payment
will be subject to a 15% Dutch withholding tax. If Heineken N.V.
shareholders approve the proposed dividend, Heineken Holding N.V.
will, according to its articles of association, pay an identical
dividend per ordinary share. A final dividend of €0.86 per ordinary
share of €1.60 nominal value will be payable on 4 May 2016. The
ex-final dividend date for both the Heineken Holding N.V. and
Heineken N.V. shares will be 25 April 2016.
ENQUIRIES
Media Heineken Holding
N.V. |
|
Kees
Jongsma |
|
tel. +31 6 54 79 82
53 |
|
E-mail:
cjongsma@spj.nl |
|
|
|
Media Heineken
N.V. |
Investors |
John Clarke |
Sonya
Ghobrial |
Director of External
Communication |
Director of Investor
Relations |
Michael
Fuchs |
Marc Kanter /
Gabriela Malczynska |
Financial
Communications Manager |
Investor Relations
Manager / Analyst |
E-mail:
pressoffice@heineken.com |
E-mail:
investors@heineken.com |
Tel:
+31-20-5239355 |
Tel:
+31-20-5239590 |
INVESTOR CALENDAR HEINEKEN N.V. (events also accessible
for Heineken Holding N.V. shareholders)
Trading Update for Q1
2016 |
20 April 2016 |
Annual General
Meeting |
21 April 2016 |
Financial Markets
Conference |
10/11 May 2016 |
Half Year 2016
Results |
1 August 2016 |
Trading Update for Q3
2016 |
26 October 2016 |
Conference call details
HEINEKEN will host an analyst and investor conference call in
relation to its 2015 FY results today at 10:00 CET/ 9:00 BST. This
call will also be accessible for Heineken Holding N.V.
shareholders. The call will be audio cast live via the website:
www.theheinekencompany.com/investors/webcasts. An audio replay
service will also be made available after the conference call at
the above web address. Analysts and investors can dial-in using the
following telephone numbers:
Netherlands |
United Kingdom |
Local line: +31(0)20
716 8256 |
Local line: +44(0)20
3427 1900 |
National free phone:
0800 020 2576 |
National free phone:
0800 279 5736 |
|
|
United States of
America |
|
Local line: +1212 444
0481 |
|
National free phone:
1877 280 2342 |
|
|
|
Participation/ confirmation code for all countries: 5446555 |
Editorial information: HEINEKEN is the world's most
international brewer. It is the leading developer and marketer of
premium beer and cider brands. Led by the Heineken® brand, the
Group has a powerful portfolio of more than 250 international,
regional, local and specialty beers and ciders. HEINEKEN is
committed to innovation, long-term brand investment, disciplined
sales execution and focused cost management. Through "Brewing a
Better World", sustainability is embedded in the business and
delivers value for all stakeholders. HEINEKEN has a well-balanced
geographic footprint with leadership positions in both developed
and developing markets. HEINEKEN employs 81,000 people and operates
more than 160 breweries in 70 countries. Heineken N.V. and Heineken
Holding N.V. shares trade on the Euronext in Amsterdam. Prices for
the ordinary shares may be accessed on Bloomberg under the symbols
HEIA NA and HEIO NA and on Reuters under HEIN.AS and HEIO.AS.
HEINEKEN has two sponsored level 1 American Depositary Receipt
(ADR) programmes: Heineken N.V. (OTCQX: HEINY) and Heineken Holding
N.V. (OTCQX: HKHHY). Most recent information is available on the
website: www.theHEINEKENcompany.com and follow HEINEKEN via
@HEINEKENCorp. Heineken Holding N.V. engages in no activities other
than its participating interest in Heineken N.V. and the management
or supervision of and provision of services to that company.
Home Member State HEINEKEN announces that the Netherlands is its
Home Member State for the purposes of the EU Transparency
Directive.
Disclaimer: This press release contains forward-looking
statements with regard to the financial position and results of
HEINEKEN's activities. These forward-looking statements are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward-looking
statements. Many of these risks and uncertainties relate to factors
that are beyond HEINEKEN's ability to control or estimate
precisely, such as future market and economic conditions, the
behaviour of other market participants, changes in consumer
preferences, the ability to successfully integrate acquired
businesses and achieve anticipated synergies, costs of raw
materials, interest-rate and exchange-rate fluctuations, changes in
tax rates, changes in law, change in pension costs, the actions of
government regulators and weather conditions. These and other risk
factors are detailed in HEINEKEN's publicly filed annual reports.
You are cautioned not to place undue reliance on these
forward-looking statements, which speak only of the date of this
press release. HEINEKEN does not undertake any obligation to update
these forward-looking statements contained in this press release.
Market share estimates contained in this press release are based on
outside sources, such as specialised research institutes, in
combination with management estimates.
Click here for Full media release
http://hugin.info/136154/R/1984905/727825.pdf
HUG#1984905
Heineken (EU:HEIO)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Heineken (EU:HEIO)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024