Heineken reports Q3 growth driven by strong Asian demand

Heineken quarterly earnings beer industry Asia-Pacific market Rafael Oliveira

Heineken has outperformed analyst expectations for the third quarter, reporting organic volume growth of 4.8% and net revenue growth of 4.6%. This performance was largely driven by robust demand in the Asia-Pacific region, particularly in Vietnam, China, and India, where volumes rose significantly.

The company also saw growth in its premium segment, which increased by 11.5%, and noted dynamic performance in low or zero-alcohol products. While the Americas returned to growth, the brewer noted that beer consumption remains under pressure in Europe and the United States due to changing consumer habits.

This marks the first quarterly update under new CEO Rafael Oliveira, who succeeded Dolf van den Brink earlier this year. Despite the positive results, Oliveira emphasized the need for sharper execution and a stronger performance culture to ensure consistent growth. Heineken maintained its full-year outlook, forecasting organic operating profit growth of 2% to 6%.

Entities

Birra Moretti · Cruzcampo · Desperados · Dolf van den Brink · Heineken · JDE Peet's · Rafael Oliveira

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] The Asia-Pacific region saw a 17.3% increase in volume during the third quarter. www.laopinioncoruna.es · www.levante-emv.com
[● 2 SOURCES] Third-quarter revenue increased by 9.7% compared to the previous year. www.laopinioncoruna.es · www.levante-emv.com
[● 2 SOURCES] Adjusted net income reached 8,090 million euros. www.laopinioncoruna.es · www.levante-emv.com
[● 2 SOURCES] Heineken's third-quarter 2026 revenue reached 9,558 million euros. www.laopinioncoruna.es · www.levante-emv.com
[○ 1 SOURCE] Heineken warned UK pubs that weight-loss drugs could reduce consumer spending and visit frequency. www.vinetur.com
[● 2 SOURCES] Cruzcampo achieved double-digit growth in the United Kingdom. www.laopinioncoruna.es · www.levante-emv.com
[○ 1 SOURCE] Heineken recommended that pubs introduce smaller drink formats and more non-alcoholic options. www.vinetur.com