HEINEKEN HOLDING N.V. �S����HI_����������(�*�SRG\� �y�o��(/�U�x� �DA$�F��G��O��? Heineken Malaysia Berhad delivered a commendable performance in 2019 and continued to maintain market leadership despite the challenging external environment. An audio replay service will also be made available after the conference call at the above web address. If approved, a final dividend of €1.04 per share will be paid on 7 May 2020, as an interim dividend of €0.64 per share was paid on 8 August 2019. For more details please see the press release as issued on 11 February 2020. 7, Jalan Kerinchi, Bangsar South City, 59200 Kuala Lumpur, Malaysia on Friday, 24 May 2019 at 9.30 a.m. for the following purposes: %PDF-1.6 Top-line performance continued to be strong in second part of 2019, with a good balance between price mix and volume growth. Cider volume was stable at 5.6 million hectolitres (2018: 5.6 million). HEINEKEN has two sponsored level 1 American Depositary Receipt (ADR) programmes: Heineken N.V.(OTCQX: HEINY) and Heineken Holding N.V. (OTCQX: HKHHY). Our raw materials, mainly malted Annual Report Our library of annual reports provides a comprehensive view of our financial performance and activities. The successful roll-out of Heineken® 0.0 continues and it is now available in 57 markets. Mrs. Pamela Mars Wright will have completed her four-year appointment term upon conclusion of the 2020 AGM. The Annual Report 2019 is published on the company’s new global website. For 2020, we anticipate our business to deliver: As a result, we currently expect operating profit (beia) to grow by mid-single digit on an organic basis, barring major negative macro economic or political developments. © 2020 Copyright Heineken N.V. All Rights Reserved, Results, reports, webcasts & presentations, 2020 Full Year Results & on-going Strategic Review update, Tiger® launches new brand film 'Yet Here I Am', Amstel celebrates 150-year anniversary with expansion to China, HEINEKEN to nominate Nitin Paranjpe as Supervisory Board member, HEINEKEN, part of the Hydrogen revolution, Investor Relations Manager / Senior Analyst, Combined financial and sustainability annual report publication, Participation password for all countries: 595244, Net revenue (beia) organic growth +5.6%; net revenue (beia) per hectolitre +3.3%, Heineken® volume +8.3%, best performance in over a decade, Operating profit (beia) organic growth +3.9%, Operating profit (beia) margin 16.8% (-12 bps), Net profit (beia) €2,517 million, +4.3% organically, A superior top-line growth driven by volume, price and premiumisation, A low-single digit increase of input costs per hectolitre, with the benefit of lower prices in some commodities largely offset by transactional currency headwinds. Beerwulf, our business-to-consumer platform in Europe, continues to gain scale in 11 markets. Most recent information is available on HEINEKEN's website: www.theHEINEKENcompany.com and follow us on Twitter via @HEINEKENCorp. HEINEKEN Malaysia clinched three awards at the Sustainable Business Awards (SBA) 2019 for the second consecutive year. Unilever Annual Report and Accounts 2019 3 Our new Chairman reflects on a year of positive value creation, changes to the Board and the steps being taken to accelerate growth in 2020 and beyond. HEInEkEn Malaysia’s brand portfolio also includes the no. HEINEKEN MALAYSIA BERHAD AnnUAL REPORT 2019 21 Brewing a Better World hEInEKEn MALAYSIA’S vALUE ChAIn Our sustainability strategy is aligned with HEINEKEN Global’s approach. During 2019 this represented €37 million in expenses. s��J�WLK S�~>"B��P���������X���X��� For more details on our Brewing a Better World programmes and definitions, please refer to our 2019 Annual Report. For 2019, payment of a total cash dividend of €1.68 per share (2018: €1.60) will be proposed to the Annual General Meeting on 23 April 2020 ("2020 AGM"). Dolf van den Brink will, subject to appointment by the 2020 AGM, join Heineken N.V. on 23 April 2020 as member of the Executive Board, and will work alongside Mr. Van Boxmeer to ensure a smooth and effective transition as Chairman of the Executive Board and CEO of Heineken N.V. as of 1 June 2020. Next to continuous improvement in water consumption, we aim to improve the water catchment areas surrounding our production sites. 39% reduction in accident frequency since 2015. Heineken N.V. reports 2019 full year results. The Supervisory Board has announced that it will nominate Dolf van den Brink to be appointed as member of the Executive Board at the 2020 AGM for a period of four years. Continued cost management initiatives and productivity improvements to fuel investment behind our brands, innovation, e-commerce platforms, technology upgrades and sustainability programmes. At year end 17 markets were operational. The Zero Zone, a dedicated shelf-space in the off-trade for our non-alcoholic portfolio, is being deployed beyond Europe. /Filter /FlateDecode In the second half of the year net revenue (beia) increased 5.7% (1H19: 5.6%), with total consolidated volume growth of 2.0% (1H19: 2.5%), net revenue (beia) per hectolitre up 3.6% (1H19: 3.0%) and price mix on a constant geographic basis of 3.2% (1H19: 3.5%). The impact from IFRS 16 is reflected on all metrics, but is excluded from the organic growth calculation.3 Includes acquisitions and excludes disposals on a 12 month pro-forma basis and includes the first time impact of IFRS 16. 29 0 obj KUALA LUMPUR, 5 December 2019 – Malaysia has officially crowned the winner of the Heineken® Star Serve Bartender Finals 2019 at S’mores, Jaya One. 18 OUR TRATEIE HEINEKEN MAAYSIA BERHAD AUAL REPORT 19 19 Distribution We work to optimise efficiencies throughout our distribution networks across Malaysia. In particular it is at this stage not possible to assess the extent and duration of the impact of Coronavirus on the economy and on our business. Growth was well balanced with beer volume up 3.1% and revenue per hectolitre up 3.3%, driven by robust pricing and focus on premiumisation. As we are ahead of our 2020 targets, in March 2019 we introduced our 2030 water ambition 'Every Drop'. In a context of increased input costs, we have continued to work on the efficiency of our operations whilst steadily investing behind our brands, our sustainability agenda and our digital transformation. 95% of markets where the company sells and advertises Heineken® allocated 10%, or more, of Heineken® media spend to responsible consumption campaigns. endstream In addition to new products and categories, innovation at HEINEKEN further includes draught systems technology. 28 0 obj Prices for the ordinary shares may be accessed on Bloomberg under the symbols HEIA NA and HEIO NA and on Reuters under HEIN.AS and HEIO.AS. The no-alcohol portfolio grew double digit, driven by Heineken® 0.0, other line extensions of leading brands and beer mixes. It is the leading developer and marketer of premium beer and cider brands. The Annual Report 2019 aims to help the public understands the Bank's roles and functions, and how it … This represents an increase of 5.0% versus 2018, translating into a 38.4% payout. ��&�?p�J��� endobj BNM Annual Report 2019, Economic & Monetary Review 2019, and Financial Stability Review 2nd Half 2019 This year, Bank Negara Malaysia publishes three reports. HEINEKEN MAAYSIA BERHA ANNUAL REPORT 2019 59 The Board of Directors (the Board) of Heineken Malaysia Berhad (HEINEKEN Malaysia or the Company) firmlybelieves that commitment to good business ethics and corporate governance is 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor, Malaysia. )����Q&L�$V�H?�����e����Ɏ{�z�޻�����Mz6}��Ę��g}���8*q�����m���`�^_ʷ��=v��v�U�C�o\�S����:�5q��-�����OZ1�!���s�����{����X> �:�~r�d���y/�S\S���D�H�#�%��T؃�g�x���նJߝ$��J���=����Q�P��9�Lܡ��Z9XFʣg��b=�Y}��|E�[@�"�́���VSJ�I���]��VD��P��Jc������JD��g(�V�v����d��~�r������V�M�� The Blade, our counter-top draught system for small outlets, is now available in 32 markets with a range of 30 brands. ]����d�F�C��s!nx#cx6�0��f�v�5�'�� �qB�\f�zEDi��P,���*eEr`��N���h]�U.�����R4�R�0�������Ȃ�ָ#�s����.V��+D�F�R5������:��,��6�v�iW�Ê?�nQ,��5�����j��'MO�0���yΎP'%�׼uSRޖ���syʩR��)t�N��^#渃)\(��H+1Cl9���T �*�T�Vk(�7��U�5b��H�����'i���mR�H�h)��\m��s}�A�8IK��>)�7��Lj����S�2��I#�rb�,�Yπ�c�J�V��? Many of these risks and uncertainties relate to factors that are beyond HEINEKEN’s ability to control or estimate precisely, such as future market and economic conditions, the behaviour of other market participants, changes in consumer preferences, the ability to successfully integrate acquired businesses and achieve anticipated synergies, costs of raw materials, interest-rate and exchange-rate fluctuations, changes in tax rates, changes in law, change in pension costs, the actions of government regulators and weather conditions. The shares of Heineken N.V. are traded on Euronext Amsterdam, where the company is included in the AEX Index. stream Heineken Malaysia Berhad (HEINEKEN Malaysia) announced its financial results for the first half ended 30 June 2020 (1HFY20), with performance impacted by the Covid-19 pandemic and the Government’s Movement Control Capital expenditure related to property, plant and equipment of around €2 billion (2019: €1.9 billion). HEInEkEn MAAYSIA BERHA aNNual repOrt 2019 03 About Us HEInEkEn Malaysia also produces the wholesome, premium quality non-alcoholic Malta. x����D�hb�]��+�d7�����ƭ}L�k������y��}^x'���@+�F탶�_@�(�J���0�k�Z�3�8 Oj����x��E��0�F�2���G����#���:&PC. We use cookies to optimize the website, no personal information is stored. Net revenue per hectolitre (beia) grew in all regions on a constant geographic basis, driven by pricing and premiumisation. Integrated Annual Report 2019 Bitesite Your Feedback Matters chairman's statement datuk shireen ann zaharah muhiudeen Dear Shareholders, Bursa Malaysia’s commitment to "strengthen the … The Heineken N.V. dividend policy is to pay out a ratio of 30% to 40% of full year net profit (beia). /Length 15 %���� Following his successful 15 year leadership of the Company, Jean-François van Boxmeer will hand over his responsibilities as Chairman of the Executive Board and CEO of Heineken N.V. to Dolf van den Brink on 1 June 2020. Disclaimer:This press release contains forward-looking statements with regard to the financial position and results of HEINEKEN’s activities. Through "Brewing a Better World", sustainability is embedded in the business. Tel : 603-7890 4700 Fax : 603-7890 4670 Email : bsr.helpdesk@boardroomlimited.com We spent over 10% of Heineken® media budgets on “When You Drive Never Drink” and other responsible consumption awareness campaigns in more than 60 markets. Over the past decade, we have lowered our water usage by almost a third to 3.4 hectolitres of water per hectolitre produced and 3.1 hectolitres in water scarce areas in 2019. Digital business-to-business platforms continue being deployed at speed. EXCEPTIONAL ITEMS AND IMPAIRMENTS The impact of exceptional items and amortization of acquisition-related intangibles (eia) was €742 million (2019: €133 million) on operating profit and €524 million (2019: €118 million) on net profit. 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