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Bierliste Ausland Biername Brauerei Stadt Land Note Birell Non-Alcoholic (Gebr
Bierliste Ausland Biername Brauerei Stadt Land Note Birell Non-Alcoholic (gebr. in Ägypten) Al Ahram Beverages Co. Giza Ägypten 4,5 Heineken Lager Premium Al Ahram Beverages Co. Giza Ägypten 3,5 Meister Lager Al Ahram Manufacturing and Filling Co. Giza Ägypten 3,5 Sakara Gold Lager Al Ahram Beverages Co. Giza Ägypten 3,6 Stella Export Lager Al Ahram Beverages Co. Giza Ägypten 3,8 Stella Lager Al Ahram Beverages Co. Giza Ägypten 3,3 Stella Lager 115 Years Al Ahram Beverages Co. Giza Ägypten 3,0 Patagonia Estilo Amber Lager Cerveceria Quilmes SAICAY Buenos Aires Argentinien 2,7 Quilmes Cerveza Cerveceria Malteria Quilmes Buenos Aires Argentinien 4,0 Quilmes Cerveza Cristal Cerveceria Malteria Quilmes Buenos Aires Argentinien 3,8 Bati Beer Lager Kombolcha Brewery Kombolcha Äthiopien 3,7 Castlemaine XXXX Gold Lager Castlemaine Perkins Milton Brisbane Australien 3,7 Coopers Sparkling Ale Coopers Brewery LTD. Regency Park Australien 3,3 Foster´s Lager Carlton & United Melbourne Australien 4,0 James Boag's Premium Lager J. Boag & Son Brewing Launceston Australien 3,7 Reschs Pilsener Carlton & United Breweries Sydney Australien 4,3 Victoria Bitter Lager Carlton & United Breweries Southbank Australien 4,0 Banks Caribbean Lager Banks Breweries LTD. Christ Church Barbados 2,7 400 Jaar Brandaris Terschelling door Brouwerij Van Steenberge Ertvelde Belgien 3,8 Abbaye d´Aulne Amber Brasserie Val de Sambre Gozee Belgien 4,4 Abbaye du Val-Dieu Biere de Noel Brasserie de l´Abbaye du Val-Dieu Aubel Belgien 3,3 Adelardus Trudoabdijbier Tripel Brouwerij Kerkom Sint-Truiden Belgien 3,8 Archivist Hell Brouwerij De Brabandere Bavikhove Belgien 3,5 Arend blond Brouwerij De Ryck Herzele Belgien 4,3 Baltimore-Washington Beer Works Route US 66 Brewery Strubbe Ichtegem Belgien 3,0 Barista Chocolate Quad Br. -
Sustainability Report 2014 Brewing a Better World Introduction the Big Picture Our Focus Areas Values and Behaviours Appendices
Sustainability Report 2014 Brewing a Better World Introduction The big picture Our focus areas Values and behaviours Appendices Our Sustainability Report 2014 HEINEKEN is the world’s most international brewer with its brands available in 178 countries around the world. Sustainability is one of our core business priorities, and Brewing a Better World is our strategic focus. About this report The big picture This report summarises HEINEKEN’s progress on Brewing a Better World in 2014. CEO Foreword 3 We continue to focus on the topics that are most relevant for our stakeholders Brewing a Better World 4 and our business. For the first time, the report follows version 4.0 of the Global What we said and what we’ve done 6 Reporting Initiative Guidelines (G4). We believe the data and statements in this Our value chain 8 report should be externally assured. To confirm the information is reliable and Benchmarks and achievements 10 accurate, we have asked KPMG to provide us with independent, limited assurance Stakeholder dialogue 11 on the entire report. KPMG summarises its activities and conclusions in Appendix 1. Our focus areas This year, in response to stakeholder feedback, we have created a more focused Protecting water resources 15 and simplified report, while still maintaining the same level of transparency. To Reducing CO2 emissions 20 achieve this, we have made a clear separation between information about our Sourcing sustainably 28 actions and progress, and more in-depth contextual information. Advocating responsible consumption 33 Promoting health and safety 37 This PDF document summarises our main progress and activities in 2014. -
ANNUAL REPORT 2012 Established in Amsterdam HEINEKEN HOLDING N.V
Annual Report 201 2 2Heineken Holding N.V. 012 Established in Amsterdam HEINEKEN HOLDING N.V. AnnANNUAL REPORT 2012 Established in Amsterdam HEINEKEN HOLDING N.V. 201ANNUAL 2REPORT 2012 PROFILE Heineken Holding N.V., which holds 50.005 per cent of the issued share capital of Heineken N.V., heads the HEINEKEN group. The object of Heineken Holding N.V. pursuant to its Articles of Association is to manage and supervise the management of the HEINEKEN group and to provide services for Heineken N.V. It seeks to promote the continuity, independence and stability of the HEINEKEN group, thereby enabling Heineken N.V. to grow in a controlled and steady manner and to pursue its long-term policy in the interest of all stakeholders. Heineken Holding N.V. does not engage in operational activities itself. These have been assigned within the HEINEKEN group to Heineken N.V. and its subsidiaries and associated companies. Heineken Holding N.V.’s income consists almost exclusively of dividends received on its interest in Heineken N.V. Every Heineken N.V. share held by Heineken Holding N.V. is matched by one share issued by Heineken Holding N.V. The dividend payable on the two shares is identical. Heineken Holding N.V. ordinary shares are listed on NYSE Euronext Amsterdam. An abbreviated version of this report Both the English and Dutch versions can be is available in the Dutch language. downloaded from www.heinekenholding.com Een verkorte versie van dit rapport Zowel de Engelse als de Nederlandse versie is beschikbaar in de Nederlandse taal. kunnen worden gedownload vanaf de website www.heinekenholding.com CONTENTS page 4 Shareholder information 9 Board of Directors REPORT OF THE BOARD OF DIRECTORS 10 Policy principles 10 Activities 11 Review of 2012 11 Heineken N.V. -
Brewing” Into New Segments Recommendation: BUY Vs Previous Recommendation
MASTER IN FINANCE “HEINEKEN N.V.” COMPANY REPORT “ALCOHOLIC BEVERAGES” JANNUARY 2019 [email protected] STUDENTS: “CAROLINA MASSA & LUÍSA GASPAR” [email protected] "Brewing” into new segments Recommendation: BUY Vs Previous Recommendation - Adapting to changing consumer preferences Price Target FY17: 97.52 € Vs Previous Price Target - . Healthy lifestyles and moderate drinking are boosting the Price (as of 31-Dec-18) 77.20 € growth of low- and non-alcoholic beers and the expansion of the cider/perry market (consumption increased 19.2% in past 5 years). Reuters: HEIN.AS, Bloomberg: HEIA:NA Furthermore, increase in disposable income is making consumers 52-week range (€) 86.93-77.20 more willing to buy premium beverages (premium and super Market Cap (€m) 43 979.5782 Outstanding Shares (m) 569.684 premium beer grew 3.1% and 5.0%, annually, since 2000). Heineken is including non-alcoholic beverages in its Source: Bloomberg, Analyst estimates offerings (launch Radler 2.0%; Radler 0.0%; and Heineken 0.0) and enhancing the higher brackets of its portfolio. Currently, it is the biggest cider producer worldwide (market share of 18.7%) and the largest international premium beer in the world (premium volume increased 17.6%, in past 3 years, representing, in 2017, 14.3% of total volume). Heineken’s performance also relies on M&A deals. In Source: Bloomberg, Analyst estimates August 2018, it acquired a 40% stake on China Resources Beer Enterprise, which holds a position of 16.6% on the biggest beer (Values in € millions) 2017 2018E 2019F market, Asia Pacific (beer consumption, in 2017, amounted to Revenues 21 888 23 422 23 675 EBITDA 4 939 5 311 5 422 717.3 million hectolitres). -
Annual Report 2017
Annual Report 2017 Heineken N.V. Annual Report 2017 Report of the Report of the Financial Sustainability Other Introduction Executive Board Supervisory Board Statements Review Information Heineken N.V. Annual Report 2017 In this year’s report 01 41–56 133–154 Introduction Report of the Supervisory Board Sustainability Review We are HEINEKEN 01 To the Shareholders 41 Brewing a Better World: our sustainability performance Remuneration Report 48 133 Focus on areas where we can make a difference 134 02–40 ‘Every drop’: protecting water resources 136 Report of the Executive Board 57–132 ‘Drop the C’: reducing CO emissions 138 Chief Executive’s Statement 02 Financial Statements 2 Sourcing sustainably 140 Strong performance and progress 04 Consolidated Income Statement 57 Advocating responsible consumption 142 Key figures 05 Consolidated Statement of Promoting health and safety 144 Our impact on society: Comprehensive Income 58 From Barley to Bar 06 Consolidated Statement Growing with communities 145 of Financial Position Executive Team 08 59 Values and behaviours 146 Consolidated Statement Reporting basis and governance of Cash Flows 60 Our business priorities 09 of non-financial indicators 148 Consolidated Statement Deliver top line growth 10 of Changes in Equity 62 Drive end2end performance 11 Notes to the Consolidated Brew a Better World 12 Financial Statements 64 155–170 Other Information Engage and develop our people 13 Heineken N.V. Balance Sheet 122 Appropriation of Profit 155 Heineken N.V. Income Statement 123 Independent Auditor’s -
Sustainability Report 2015 Brewing a Better World Contents the Big Picture Our Focus Areas Values and Behaviours Appendices
Sustainability Report 2015 Brewing a Better World Contents The big picture Our focus areas Values and behaviours Appendices Our Sustainability Report 2015 About this report This report summarises HEINEKEN’s progress on Brewing a Better World (BaBW) in 2015. We continue to focus on the topics of the greatest material importance to our stakeholders and our business. Following stakeholder feedback and the formal inclusion of BaBW as a dedicated pillar within our Company strategy, we are taking the first steps towards an Integrated Reporting <IR> approach, communicating the value we create from the resources we use. We produce our report in accordance with version 4.0 of the Global Reporting Initiative Guidelines (G4) – Core. We believe it is important to provide independent confirmation that the information in this report is reliable and accurate. This year, in line with the change in our financial auditors, we have asked Deloitte to provide us with limited assurance on the entire report. Deloitte summarises its procedures and conclusions in Appendix 1. We invited Kevin ‘Blaxtar’ de Randamie to transform this Sustainability Report into his own artistic expression. Click here to see the result. Contents The big picture Values and behaviours Further information online: CEO foreword 3 Employee engagement 42 We have again made a clear separation Brewing a Better World 4 Diversity 42 between information about our actions and What we said and what we’ve done 6 Code of Business Conduct 42 progress, and more in-depth contextual From Barley to Bar 8 Employees’ and Human Rights 43 information that can be found in the Benchmarks and achievements 9 sustainability section of our Company Stakeholder dialogue 10 Appendices website. -
View Annual Report
Heineken N.V. N.V. Heineken ANNUAL REPORT 2008 Annual Annual Report 2008 A l s o see www.enjoyheinekenresponsibly.com WELCOME TO THE WORLD’S MOST INTERNATIONAL BREWER: HEINEKEN 1 PROFILE 2 PERFORMANCE HIGHLIGHTS 4 MILESTONES 2008 REPORT OF THE EXECUTIVE BOARD 6 CHIEF EXECUTIVE’S STATEMENT 10 OUTLOOK 2009 12 EXECUTIVE COMMITTEE 14 OPERATIONAL REVIEW 14 INTRODUCTION 14 THE HEINEKEN BRAND 16 DRIVERS OF GROWTH 16 INTERNATIONAL MARKETING 18 SUSTAINABILITY 19 PERSONNEL AND ORGANISATION 20 REGIONAL REVIEW 22 WESTERN EUROPE 28 CENTRAL AND EASTERN EUROPE 32 AFRICA AND THE MIDDLE EAST 36 AMERICAS 40 ASIA PACIFIC 44 RISK MANAGEMENT 49 FINANCIAL REVIEW 54 DUTCH CORPORATE GOVERNANCE CODE 57 DECREE ARTICLE 10 REPORT OF THE SUPERVISORY BOARD 59 TO THE SHAREHOLDERS 62 SUPERVISORY BOARD 63 REMUNERATION REPORT FINANCIAL STATEMENTS 67 CONSOLIDATED INCOME STATEMENT 68 CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE 69 CONSOLIDATED BALANCE SHEET 70 CONSOLIDATED STATEMENT OF CASH FLOWS 72 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 136 HEINEKEN N.V. BALANCE SHEET 137 HEINEKEN N.V. INCOME STATEMENT 138 NOTES TO THE HEINEKEN N.V. FINANCIAL STATEMENTS OTHER INFORMATION 1 4 4 STATEMENT OF THE EXECUTIVE BOARD 1 4 5 APPROPRIATION OF PROFIT 1 4 6 AUDITOR’S REPORT 148 SHAREHOLDER INFORMATION 152 COUNTRIES AND BRANDS 1 6 0 HISTORICAL SUMMARY 162 GLOSSARY 1 6 4 REFERENCE INFORMATION HEINEKEN N.V. ANNUAL REPORT 2008 1 PROFILE Heineken is one of the world’s great Marketing excellence and innovation are key components of brewers and is committed to growth our growth strategy. In everything we do, it is the consumers and their changing needs that is at the heart of our efforts. -
Sociedade Central De Cervejas E Bebidas
SOCIEDADE CENTRAL DE CERVEJAS E BEBIDAS: Internationalization Strategy Options in Angola and Brazil Francisco Maria Mota Antunes Santos Garcia DISSERTATION SUBMITTED IN PARTIAL FULFILMENT OF REQUIREMENTS FOR THE DEGREE OF INTERNATIONAL MSc IN BUSINESS ADMINISTRATION, AT THE CATÓLICA LISBON SCHOOL OF BUSINESS AND ECONOMICS JANUARY 2013 Abstract Title: Sociedade Central de Cervejas e Bebidas: Beer Internationalization Strategy Options in Angola and Brazil Author: Francisco Maria Mota Antunes Santos Garcia This case study has been prepared based on a real-life business scenario, where the company “Sociedade Central de Cervejas e Bebidas” (SCC) was chosen in order to serve as a teaching example of the complex and difficult task that companies’ have to expand their operations internationally, as well as, to alert to the opportunities and threats existing in a global business context. SCC is a Portuguese based company specialized in producing and marketing beer and other beverages, acquired in 2008 by the Heineken group, one of the largest beer companies in the world. In 2012 the entire European beer market was contracting considerably as a consequence of the global financial crisis and its negative impact on consumer’s purchasing power. In view of this critical situation, SCC managers believed that the only way the company could counteract to the poor results in Portugal was to focus their future development towards external markets. Thus, Angola and Brazil appeared to be the most meaningful internationalization options for SCC. In the former the company was urged to re- evaluate its approach to the market and augment its performance, whilst in the latter SCC was not yet present and therefore needed to develop the appropriate strategy to enter that market. -
Heineken N.V. Annual Report 2020 Heineken N.V
Heineken N.V. Annual Report 2020 Heineken N.V. 02 Annual Report 2020 In this year’s report Brewing a Better World – our 2020 commitments and 03–48 49–65 66–124 125–159 160 –178 what we have achieved Report of the Report of the Financial Sustainability Other Executive Board Supervisory Board Statements Review Information Chief Executive’s Q&A 03 To the Shareholders 49 Contents 66 Our sustainability focus areas 125 Appropriation of Results 160 Performance highlights 05 Remuneration Report 55 Consolidated Income Statement 67 Our 2020 commitments: Independent Auditor’s Report 161 what we have achieved 126 Key figures 06 Consolidated Statement of Assurance Report of the Comprehensive Income 67 Every Drop – protecting Independent Auditor Advocating responsible Promoting health Our impact from Barley to Bar 07 consumption and safety water resources 127 (of non-financial indicators) 168 Consolidated Statement People Executive Team 08 of Financial Position 68 Drop the C – reducing Shareholder Information 170 CO2 emissions 131 Brewing Consolidated Statement Bondholder Information Every Drop 173 P Our business priorities 09 Sourcing r – protecting sustainably o World water of Cash Flows 69 Sourcing sustainably t 137 s p e resources n Historical Summary 174 e a ri l Deliver top line growth 10 ty P Consolidated Statement Advocating responsible Glossary 176 Drive end2end performance 16 of Changes in Equity 70 consumption 140 Growing with Drop the C Disclaimer and communities – reducing CO2 Brew a Better World 17 Notes to the Consolidated Promoting health and safety 144 emissions Reference Information 178 Financial Statements 71 Engage and develop our people 20 Growing with communities 146 Heineken N.V. -
HEINEKEN 2016 Annual Report
Annual Report 2016 Heineken N.V. Report of the Report of the Financial Sustainability Other Annual Report 2016 Introduction Executive Board Supervisory Board Statements Review Information Inside this year’s report Introduction Report of the Supervisory Board Sustainability Review We Are HEINEKEN 01 To the Shareholders 46 Brewing a Better World: our sustainability performance 135 Remuneration Report 50 Protecting water resources 136 Report of the Executive Board Reducing CO2 emissions 138 Chief Executive’s Statement 02 Financial Statements Sourcing sustainably 140 Strong performance and progress 04 Consolidated Income Statement 59 Advocating responsible consumption 141 Key figures 05 Consolidated Statement of Promoting health and safety 143 Comprehensive Income 60 Our impact on society: Growing with communities 144 From Barley to Bar 06 Consolidated Statement Reporting basis and criteria of Financial Position 61 Executive Team 08 non-financial indicators 146 Consolidated Statement List of operating companies of Cash Flows 62 Our business priorities 09 for non-financial indicators 151 Consolidated Statement Win in premium led by Heineken® 10 of Changes in Equity 64 Shape the cider category 11 Notes to the Consolidated Other Information Lead by cool marketing and innovation 12 Financial Statements 66 Appropriation of Profit 153 Be commercially assertive 13 Heineken N.V. Balance Sheet 124 Independent Auditor’s Report 154 Drive end2end productivity 14 Heineken N.V. Income Statement 125 Deloitte Assurance Report 158 Brewing a Better World 15