Heineken NV Sponsored ADR Stock Forum

CEO Dolf van den Brink noted a slowdown in consumer demand across various markets, despite easing price inflation. Heineken's 'EverGreen' strategy is showing gradual improvement, albeit slower than anticipated. In half of the markets, the company is either gaining or maintaining market share.

HLIB Research indicates a positive outlook on Carlsberg and Heineken resulting from anticipated tourism increase and reduced raw material costs. The weakened ringgit's effect on costs to ease in 2024, foretelling another possible rise in their profit margins.

HLIB displays optimism for the brewery sector amid forecasted growth in tourism and probable decrease in raw material costs. Particularly recommends Carlsberg and Heineken due to their link to tourism recovery.