Heineken Holding NV (LTS:0NBD)
€ 57.525 0 (0%) Market Cap: 16.46 Bil Enterprise Value: 44.97 Bil PE Ratio: 30.47 PB Ratio: 1.75 GF Score: 61/100

Half Year 2019 Heineken NV Earnings Call Transcript

Jul 29, 2019 / 08:00AM GMT
Release Date Price: €92.05 (-4.49%)
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-François 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-François.

Jean;FranÃ;ois M. L. Van Boxmeer
Heineken N.V. - Chairman of the Executive Board & CEO

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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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