Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan 
LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories 
Alphabet Shifts AI Strategy Toward Commercial Growth, Goldman Sachs Says 
Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy 
Bernstein Picks BYD and Xiaomi as Top China EV Stocks Despite Weaker Demand 
Nvidia’s $500 Billion AI Infrastructure Push Wins Morgan Stanley Support 
Tesla Roadster Reveal Could Feature SpaceX Thrusters in August 
Antofagasta Shares Drop 5% as Miner Cuts 2026 Copper Production Forecast 
Micron Stock Upgraded to Buy as New Street Sees $2 Trillion Valuation Potential 
Ferrari Luce EV Sells for Record $40 Million at Charity Auction 
Pandora Shares Rise as Q2 Results Beat Forecasts, 2026 Outlook Raised 
Australia’s Corporate Leaders Face Parliament Over KPMG Client Data Scandal 
Sun Pharma Wins U.S. Appeal in Pfizer Lipitor Antitrust Case 
Bill Ackman’s Pershing Square Returns to Netflix With Major New Stake 
Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push 
SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand 
NAB Q3 Cash Earnings Rise 2% as Lower Credit Charges Boost Profit 
Add as a preferred source on Google
Heineken reported first-half 2026 operating profit broadly in line with analyst expectations, while stronger-than-expected beer sales highlighted resilient consumer demand across key markets. The Dutch brewer maintained its full-year operating profit growth outlook of 2% to 6%, signaling confidence despite a mixed global economic environment.
Operating profit before exceptional items and amortization (beia) reached €2.17 billion for the six months ended June 30, matching market forecasts of €2.18 billion. Net revenue totaled €14.83 billion, slightly ahead of the consensus estimate of €14.81 billion.
Beer volumes exceeded expectations, with total sales rising to 142.8 million hectolitres, outperforming analysts’ forecasts of 141.5 million hectolitres. Organic volume growth came in at 1.6%, well above the expected 0.9%, driven by solid demand across all five of Heineken’s global brands. The flagship Heineken® brand posted 5.3% volume growth, while Tiger returned to positive growth.
The brewer said total volume accelerated during the second quarter, supported by 0.4% growth in consolidated volume and a 23.2% increase in licensed volume. Organic operating profit climbed 6.7%, lifting the operating profit margin by 55 basis points to 14.6%. Diluted earnings per share (beia) increased 11.6% to €2.29, compared with €2.08 a year earlier.
Heineken also said its cost-saving program remains on track to deliver results at the upper end of its €400 million to €500 million medium-term target. Around 3,000 full-time positions were reduced during the first half as part of its ongoing organizational restructuring.
Free operating cash flow reached €1.4 billion, representing a 97% cash conversion ratio. The company confirmed that the second phase of its €1.5 billion share buyback program remains on schedule and announced an interim dividend of €0.76 per share, up from €0.74 last year.
Organic net revenue increased 2.7%, supported by strong performances in Vietnam, Ethiopia, India, Brazil, and the UK. Growth in Asia Pacific and Africa & Middle East offset weaker volumes in the Americas. Heineken also completed the acquisition of FIFCO’s beverage and retail businesses and exited the Democratic Republic of Congo, transactions expected to boost earnings per share by 2% to 3%.
