# Heineken 2026 financial results

> Live situation record from CLSTR: https://clstr.news/situations/heineken-2026-financial-results
> Updated: 2026-08-05T07:07:54.000Z. Sources: 19. Developments: 2.

Heineken reported its first‑half 2026 results on 3 August, showing net revenue of €14.83 billion and operating profit of €2.17 billion on a BEA basis, a 6.7 % organic increase. Total beer volume rose 1.6 % to 142.8 million hl, driven by a 5.3 % gain for the Heineken brand and a 23.2 % jump in licensed volume. Premium volumes were up 6 % and non‑alcoholic/low‑alcohol drinks grew 12 %. The company cut roughly 3,000 full‑time positions as part of its EverGreen 2030 transformation, keeping cost‑saving targets of €400‑€500 million on track. Free operating cash flow reached €1.4 billion and the second tranche of the €1.5 billion share‑buyback programme remains on schedule, with an interim dividend of €0.76 per share. Strong performance was noted in Spain, the United Kingdom and Brazil.

Two days later, on 5 August, Heineken announced earnings that beat analyst forecasts, driven by 2.7 % autonomous growth and especially strong volume in Vietnam. It reaffirmed its 2026 outlook, disclosed a pending €40 million refund of U.S. import duties after a Supreme Court ruling, and named Brazilian executive Rafael Oliveira as its new CEO, effective 1 October.

## Timeline

### 2026-08-05: Heineken beats forecasts, expects €40 million US tariff refund

Heineken exceeded earnings forecasts, driven by Asian growth, and expects to recover €40 million in U.S. import duties, with €10 million already received.

7 sources. https://clstr.news/cluster/heineken-beats-forecasts-expects-40-million-us-tariff-refund

### 2026-08-03: Heineken posts 2026 half‑year profit rise and volume growth

Heineken's 2026 H1 results show €14.8 bn revenue, €2.17 bn operating profit, 1.6 % volume rise, 3,000 job cuts and continued EverGreen 2030 cost‑saving drive.

12 sources. https://clstr.news/cluster/heineken-reports-2026-halfyear-profit-rise-and-advances-750-m-share-buyback

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Cite as: Heineken 2026 financial results. CLSTR, https://clstr.news/situations/heineken-2026-financial-results
