Heineken is set to announce its first-half results on Monday. Here are the important details you should know:
Net Revenue Forecast
The consensus among four analysts, based on FactSet data, estimates the net revenue for the period to be 14.91 billion euros ($16.37 billion). This compares to a net revenue of EUR13.49 billion in the first half of 2022.
Based on one analyst's estimate from FactSet, the net profit consensus for this period is EUR1.31 billion, compared to EUR1.27 billion in the previous year.
What to Watch
Industry experts at Jefferies anticipate the company to reiterate its full-year growth guidance ranging from mid-single digits to high-single digits. However, they speculate that the guidance will likely be towards the lower end of the range. Additionally, they expect the 2024 guidance to slightly fall below the consensus.
BEIA Net Profit
The company has compiled a consensus for BEIA net profit, which currently stands at EUR1.25 billion for this period. In comparison, it was EUR1.33 billion in the same period last year. BEIA refers to net profit before exceptional items and amortization of acquisition-related intangible assets.