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HEINEKEN NV: Heineken N.V. reports 2020 full year results and shares updates on EverGreen strategic review


2020 full year results highlights:
Net revenue (beia) organic growth -11.9%; per hectolitre -2.4%
Consolidated beer volume -8.1% organically
Heineken volume resilient -0.4%
Net profit (beia) €1,154 million, -49.4% organically
Diluted EPS (beia) €2.00 (2019: €4.38)
EverGreen strategic review update:
Placing consumers and customers at the core, enhance our portfolio and
strengthen our digital route to consumer
Raise the bar on sustainability and on our people agenda
Step up in productivity starting with €2 billion gross savings through 2023
to fund our journey
for operating leverage beyond
Dolf van den Brink, Chairman of the Executive Board / CEO, commented:
In a year of unprecedented disruption and transition, our teams rose to the occasion and quickly adapted while not losing sight of the need to continue investing for the future. The impact of the pandemic on our business was amplified by our on-trade and geo ....

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