Heineken Beats Q1 Revenue Forecasts, Keeps 2026 Outlook Despite Beer Volume Dip

Heineken stuck to its full-year profit forecast Thursday, reporting a 2.8% gain in first-quarter organic net revenue—beating analyst estimates, even with currency shifts and deals filtered out. Still, beer volumes slipped 0.8%, landing just below projections. Shares dropped almost 3% at the open.

23 April 2026

AMS:HEIA · Earnings

Heineken’s 6,000 job cuts: brewer tightens costs, leans on AI as beer demand softens

Heineken plans to eliminate between 5,000 and 6,000 jobs worldwide over the next two years, ramping up a productivity push targeting €400 million to €500 million in annual gross savings. The Dutch brewer is projecting operating profit growth of 2% to 6% in 2026, following a 4.4% gain in 2025 when stripping out one-offs and acquisition-related amortisation. Last year, overall volume dropped 1.2%.

12 February 2026