Heineken Malaysia posts weaker 1H amid moderating consumer demand, cautious sentiment
infrastructure.
"Despite the ongoing macroeconomic challenges, we remain agile and forward-looking by harnessing the power of digital solutions and data-driven decision-making.
"This approach strengthens Heineken Malaysia's long-term resilience to ensure we stay relevant to our customers and consumers in a dynamic market environment,' said managing director Martijn van Keulen in a statement.
In 2QFY25, Heineken posted a net profit of RM83mil, down from RM91.13mil in the year-ago quarter, which translated to an earnings per share of 27.47 sen against 30.17 sen previously.
The brewer reported a revenue of RM539.73mil, a decline from RM565.5mil in the previous corresponding period, reflecting the more cautious consumer sentiment.
For the six months period to June 30, 2025, Heineken's net profit came to RM205.15mil, as compared to RM213.61mil in the year-ago period. Revenue dropped to RM1.3bil from RM1.35bil in the comparative period.
The board of directors declared an interim dividend of 40 sen per share, with entitlement date on Oct 9, 2025, and payable on Oct 30, 2025.
According to the group, it continues to invest in commercial initiatives and digital infrastructure through the implementation of its Digital Backbone, a digital transformation programme designed unlock the power of data, streamline processes and boost innovation to support long-term growth.
This initiative is part of the group's EverGreen strategy to future-proof its business.
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New Straits Times
4 hours ago
- New Straits Times
Heineken Malaysia signals long-term confidence despite earnings dip
KUALA LUMPUR: Heineken Malaysia Bhd is reassuring investors of its long-term growth trajectory even as near-term earnings come under pressure from softer consumer demand and rising costs. The brewer posted a net profit of RM83 million for the second quarter, down 8.93 per cent from RM91 million a year earlier, on the back of softer revenue and rising costs. Revenue slipped 5 per cent to RM539.7 million from RM565.5 million. For the first half of FY2025, net profit eased 3.96 per cent to RM205 million, versus RM213.6 million a year ago, while revenue declined 3.79 per cent to RM1.3 billion from RM1.35 billion. Heineken Malaysia declared a single-tier interim dividend of 40 sen per share, payable on Oct 30, underlining its commitment to shareholder returns despite the softer earnings trend. In a statement, Heineken Malaysia said this performance reflects a combination of more measured consumer demand and the continued strategic investments in digital infrastructure and commercial initiatives to support long-term growth, in line with its EverGreen strategy to to future-proof the business. Managing director Martijn van Keulen said the first six months of 2025 have been marked by a dynamic and evolving market landscape. He said the group remains firmly anchored by its Evergreen strategy, which prioritises a balance of topline expansion, profitability, and capital efficiency, alongside sustainability and responsible business practices. This integrated approach allows the company to deliver long-term value to shareholders and stakeholders while contributing to Malaysia's broader socio-economic progress. Heineken Malaysia stressed that continued investments in digital infrastructure, data-driven decision-making, and modern work practices will be critical in maintaining competitiveness and building resilience. "Although we saw a moderation in consumer demand following the festive season and more cautious spending, our focus remains clear as we are committed to delivering our EverGreen strategy. "We will continue investing in our core brands and driving innovation through impactful activations that deepen engagement and connection with our consumers," he said.
The Star
2 days ago
- The Star
Heineken eyes opportunities in increased tourism activities
Heineken Malaysia managing director Martijn van Keulen PETALING JAYA: Heineken Malaysia Bhd is eyeing opportunities from the increased tourism activities in the country, despite concerns on soft consumer sentiment for the time being. Its managing director Martijn van Keulen in the presentation of the company's 2Q financial performance said its results were mainly due to weaker consumer sentiment, which was in part affected by the continued external trade situation. 'The geopolitical situation is not helping especially with the talk on US-tariffs. Consumers are slowing down on the amount of money they're willing to spend on luxury items. The first half was rife with some challenges - the strong Chinese New Year season this had started strongly but the consumer sentiment faded a little bit in March to May. "Hopefully we will see consumer confidence returning eventually,' Martijn said. Its finance director Jana Martine Hanneman said while the situation was difficult with the struggling consumer sentiment, the company was committed to sustaining a dividend payout. 'There was a slowdown in the consumer sentiment in the first half and the weaker consumer sentiment had hit us in our results - but despite this we are invested in the long term future of our company,' she said. In 2QFY25, Heineken recorded a revenue of RM540mil which is a 5% year-on-year decrease compared to 2024 which the company says reflects a more cautious consumer sentiment. The group's net profit decreased by 9% to RM83mil in the said quarter from RM91mil in the same quarter a year earlier. This was affected by the softer revenue and increased cost pressures, Heineken said.
The Star
2 days ago
- The Star
Heineken Malaysia posts weaker 1H amid moderating consumer demand, cautious sentiment
KUALA LUMPUR: Heineken Malaysia Bhd saw a weaker earnings performance in the first half of the financial year as it faced headwinds from a combination of factors, including the timing of Chinese New Year, moderated consumer demand and the group's continued investments in commercial initiatives and digital infrastructure. "Despite the ongoing macroeconomic challenges, we remain agile and forward-looking by harnessing the power of digital solutions and data-driven decision-making. "This approach strengthens Heineken Malaysia's long-term resilience to ensure we stay relevant to our customers and consumers in a dynamic market environment,' said managing director Martijn van Keulen in a statement. In 2QFY25, Heineken posted a net profit of RM83mil, down from RM91.13mil in the year-ago quarter, which translated to an earnings per share of 27.47 sen against 30.17 sen previously. The brewer reported a revenue of RM539.73mil, a decline from RM565.5mil in the previous corresponding period, reflecting the more cautious consumer sentiment. For the six months period to June 30, 2025, Heineken's net profit came to RM205.15mil, as compared to RM213.61mil in the year-ago period. Revenue dropped to RM1.3bil from RM1.35bil in the comparative period. The board of directors declared an interim dividend of 40 sen per share, with entitlement date on Oct 9, 2025, and payable on Oct 30, 2025. According to the group, it continues to invest in commercial initiatives and digital infrastructure through the implementation of its Digital Backbone, a digital transformation programme designed unlock the power of data, streamline processes and boost innovation to support long-term growth. This initiative is part of the group's EverGreen strategy to future-proof its business.
