Heineken NV (LTS:0O26)

€ 72.65 0.09 (0.12%) Market Cap: 41.03 Bil Enterprise Value: 57.25 Bil PE Ratio: 39.08 PB Ratio: 2.14 GF Score: 68/100

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Half Year 2019 Heineken NV Earnings Call Transcript

Jul 29, 2019 / 08:00AM GMT

Release Date Price: €96.96 (-5.79%)

Transcript

Operator

Hello, and welcome to the Heineken Half Year Results 2019. My name is Molly, and I'll be your coordinator for today's event. (Operator Instructions) I will now hand over to Heineken to begin today's conference. Thank you.

Federico Castillo Martinez

Heineken Holding N.V. - Director of IR

Good morning, everyone, and thank you for joining us today for our 2019 half year results conference call. I'm joined by Jean-FranÃ§ois Van Boxmeer, our CEO; and Laurence Debroux, our CFO, for today's call. Following some prepared remarks and the results, we will be happy to take your questions. With that, I would like to hand over the call to Jean-FranÃ§ois.

Jean;FranÃ;ois M. L. Van Boxmeer

Heineken N.V. - Chairman of the Executive Board & CEO

§ -

Thank you, Federico, and good morning, everyone. As ever, I start on Slide 2. Our top line performance was again strong in the first half of 2019. Organic net revenue (beia)was up 5.6% and net revenue (beia) per hectoliter grew 3%, with an underlying

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