India, Feb. 12 -- Shares of Heineken N.V. were gaining around 13 percent in the Amsterdam trading after the Dutch brewer announced positive outlook for fiscal 2025, a dividend, and up to 1.5 billion euros share buyback program. This was despite reporting weak profit and revenues in fiscal 2024.
For the full year 2025, HEINEKEN expects net profit (beia) organic growth to be broadly in line with the projected operating profit (beia) organic growth in the range of 4 percent to 8 percent.
The company anticipates continued volume and revenue growth in the new year.
However, the first quarter will face a high comparison base and be impacted by technical factors such as fewer selling days and the timing of Easter and T?t, the firm noted.
HEINE...