Heineken Forecasts Single Digit Operating Profit Growth in 2024 [Financial Post (Toronto, Ontario, Canada)]
HEINEKEN N V S/ADR (HEINY)
NASDAQ:AMEX Investor Relations:
theheinekencompany.com/investors
Company Research
Source: Financial Post
Author of the article: (Bloomberg) — Heineken NV said it expects 2024 operating profit to grow in a range of low to high single digits as beer drinkers curtail their consumption amid persistent inflation and economic worries. The company said Wednesday it remains cautious about the global economic and geopolitical outlook and its focus will be on revenue growth that's balanced between volume and value. Article content Article content Analysts expect the company to post organic revenue growth of 5.3% on operating income of €4.9 billion ($5.3 billion) in 2024, according to consensus estimates compiled by Bloomberg. “For 2024, we expect the macroeconomic environment and geopolitical developments to remain a factor of uncertainty that may impact our business,” the company said. Lower commodity and energy prices will help limit the cost increases, though any benefit will be more than offset by local inflation and currency devaluations, particularly in Africa, it said in a stat
Show less
Read more
Impact Snapshot
Event Time:
HEINY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HEINY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HEINY alerts
High impacting HEINEKEN N V S/ADR news events
Weekly update
A roundup of the hottest topics
HEINY
News
- We Think Shareholders Are Less Likely To Approve A Pay Rise For Heineken N.V.'s (AMS:HEIA) CEO For Now [Yahoo! Finance]Yahoo! Finance
- Dialing Up Nights Out: Heineken® & Bodega Launch the No-Frills ‘Boring Phone’GlobeNewswire
- Heineken® shows the depth it will go to deliver the perfect pint with giant spirit level measuring bars across the world [Yahoo! Finance]Yahoo! Finance
- Heineken® shows the depth it will go to deliver the perfect pint with giant spirit level measuring bars across the world [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Heineken® shows the depth it will go to deliver the perfect pint with giant spirit level measuring bars across the worldGlobeNewswire