Earnings release
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HEINEKEN Heineken N.V. reports on 2021 third - quarter trading Amsterdam , 27 October 2021 - Heineken N.V. ( EURONEXT : HEIA ; OTCQX : HEINY ) today publishes its trading update for the third quarter of 2021 . KEY HIGHLIGHTS Beer volume -5.1 % organically for the quarter ; + 4.0 % for the first nine months Heineken® volume + 8.0 % in the quarter ; + 15.1 % for the first nine months Full year expectations unchanged ■ Dolf van den Brink , Chairman of the Executive Board / CEO , commented : " As anticipated , our Asia Pacific region was deeply impacted by the pandemic in the third quarter . We see first signs of recovery and I admire the resilience and solidarity of our people as we navigate these challenges . Our new EverGreen strategy is gathering momentum across the organisation . We continue to revitalise our portfolio with emphasis on premium , low- and no - alcohol and beyond beer . The Heineken® brand sustained its strong growth , + 15.1 % for the first nine months . Our B2B digital platforms more than doubled in digital sales value . We began the integration of United Breweries in India and continue to be enthusiastic about the long - term opportunities ahead . Yet the macro environment remains volatile and we are responding accordingly . We are taking an assertive approach to pricing and cost across all of our markets to meet this challenge . Therefore , our expectations stay unchanged , with full year results remaining below 2019. " THIRD QUARTER VOLUME BREAKDOWN Beer volume¹ ( in mhl or % ) Heineken N.V. Africa , Middle East & Eastern Europe Americas Asia Pacific Europe Heineken® volume¹ ( in mhl or % ) Heineken N.V. 3Q21 60.2 9.6 21.2 5.9 23.5 3Q21 Organic growth -5.1 % 5.5 % -3.4 % -37.4 % -2.3 % Organic growth 8.0 % 22.6 % 10.2 % 5.3 % 1.8 % MEDIA RELEASE 12.8 Africa , Middle East & Eastern Europe 1.7 4.9 Americas Asia Pacific 1.8 Europe 4.5 1 Refer to the Definitions section for an explanation of organic growth and volume metrics . Total growth -4.3 % -6.6 % -3.7 % -10.2 % -2.1 % YTD 3Q21 35.5 4.7 13.6 5.2 12.0 P.O. Box 28 1000 AA Amsterdam - The Netherlands Office address - Tweede Weteringplantsoen 21 - 1017 ZD Amsterdam Heineken N.V. - Registered Office at Amsterdam - Trade Register Amsterdam No. 33011433 YTD 3Q21 170.1 28.8 61.5 19.5 60.3 Organic growth 15.1 % 26.7 % 18.5 % 18.8 % 6.0 % Organic growth 4.0 % 12.7 % 8.9 % -12.7 % 1.0 % Total growth 2.8 % 1.1 % 8.6 % -4.7 % 0.7 % Page 1 of 8