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Heineken offers defensive exposure through strong global brands, geographical diversification, and leadership in premium and non-alcoholic beer. First-half 2026 results showed improving execution, with higher volumes, stronger margins, solid cash generation, and growth across key categories. Performance remains uneven, as strong growth in Asia Pacific and Africa was partly offset by continued weakness in the Americas.

Heineken Holding N.V. (HKHHY) Q2 2026 Earnings Call Transcript

The brewer backed its earnings outlook for the year after sales volumes picked up pace over the second quarter, boosted by premium labels and lower-alcohol products.

Heineken on Wednesday reported forecast-beating first-half profits after ​cutting around 3,000 jobs - half ‌of up to 6,000 cuts targeted over a two-year period under a restructuring ​plan.

Amsterdam, 5 August 2026 HEINEKEN HOLDING N.V. REPORTS 2026 HALF YEAR RESULTS Volume growth, robust profit delivery as EverGreen 2030 accelerates Heineken Holding N.V.