Interim report
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HEINEKEN HOLDING NV MEDIA RELEASE Heineken Holding N.V. reports 2021 half year results Amsterdam , 2 August 2021 - Heineken Holding N.V. ( EURONEXT : HEIO ; OTCQX : HKHHY ) announces : KEY HIGHLIGHTS ■ The net result of Heineken Holding N.V.'s participating interest in Heineken N.V. for the first half year of 2021 amounts to € 517 million Net revenue ( beia ) € 9,971 million , + 14.1 % organic growth Net revenue ( beia ) organic growth per hectolitre + 5.5 % " HeinekenⓇ volume + 19.6 % ■ Consolidated beer volume organic growth + 9.6 % ■ ■ ■ Operating profit ( beia ) organic growth + 109.3 % Net profit ( beia ) € 896 million , + 320.3 % organic growth EverGreen strategy deployment at HEINEKEN has started ■ Full year expectations unchanged : financial results to remain below 2019 . FINANCIAL SUMMARY ' IFRS Measures € million Total growth BEIA Measures € million Organic growth² Revenue Net revenue 11,970 7.3 % Revenue ( beia ) 11,970 13.1 % 10,010 8.3 % Net revenue ( beia ) 9,971 14.1 % Operating profit 1,717 1,920.0 % Operating profit ( beia ) 1,628 109.3 % Operating profit ( beia ) margin 16.3 % Net profit of Heineken Holding N.V. 517 Diluted EPS ( in € ) 1.80 448.1 % 446.2 % Net profit ( beia ) 896 320.3 % Diluted EPS ( beia ) ( in € ) 1.56 295.5 % Free operating cash flow Net debt / EBITDA ( beia ) ³ 650 3.0x Consolidated figures are used throughout this report unless otherwise stated ; please refer to the Glossary for an explanation of non - GAAP measures and other terms used throughout this report . 2 Organic growth shown , except for Diluted EPS ( beia ) which is total growth . 3 Includes acquisitions and excludes disposals on a 12 month pro - forma basis . Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company . INTERIM DIVIDEND According to the Articles of Association of Heineken Holding N.V. both Heineken Holding N.V. and Heineken N.V. pay an identical dividend per share . In accordance with its dividend policy , HEINEKEN fixes the interim dividend at 40 % of the total dividend of the previous year . In 2020 , HEINEKEN by exception deviated from this policy , as no interim dividend was paid in August 2020 . For 2021 , HEINEKEN will apply its regular policy and pay an interim dividend of € 0.28 per share ( 2020 : nil ) on 11 August 2021. Both the Heineken Holding N.V. shares and the Heineken N.V. shares will trade ex - dividend on 4 August 2021 . _ Tweede Weteringplantsoen 5 - 1017 ZD Amsterdam - The Netherlands Registered Office at Amsterdam Page 1 of 22 Trade Register Amsterdam No. 33078624