HEINEKEN will host an analyst and investor conference call in relation to its 2019 FY results today at 10:00 CET/ 9:00 GMT. /Filter /FlateDecode ��&�?p�J��� Similarly, the results for the nine months ended 30 September 2020 (9MFY20) also recorded a decline. HEInEkEn MAAYSIA BERHA aNNual repOrt 2019 03 About Us HEInEkEn Malaysia also produces the wholesome, premium quality non-alcoholic Malta. The translational currency impact for 2019 was positive, amounting to €80 million at consolidated operating profit (beia) and €47 million at net profit (beia). 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. stream Next to continuous improvement in water consumption, we aim to improve the water catchment areas surrounding our production sites. These and other risk factors are detailed in HEINEKEN’s publicly filed annual reports. 25 April 2019 Payment date for the fourth interim … In more than 60 markets, we spent over 10% of Heineken® media budgets on responsible consumption awareness campaigns. Source: Heineken Malaysia Berhad Annual Report The one-off spike effect due to the change of fiscal year impacts the cash flow statements as well. )����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 Heineken N.V. dividend policy is to pay out a ratio of 30% to 40% of full year net profit (beia). We increased the proportion of renewable energy in production to 19%. The fourth quarter closed the year strongly with 4.1% growth, benefiting from double-digit growth in Brazil, Vietnam and Cambodia. Basis of Preparation The interim financial report has been prepared in accordance with the requirements of Financial Reporting Standards (“FRS Last year figures restated for IAS 37. 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. Notice of Seventh Annual General Meeting and the issuance of Annual Report and Circular to Shareholders. ]����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��? 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 Market Abuse RegulationThis press release may contain price-sensitive information within the meaning of Article 7(1) of the EU Market Abuse Regulation. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The underlying price mix on a constant geographic basis was up 3.4%. HEINEKEN MALAYSIA BERHAD ANNUAL REPORT 2019 85 Directors’ Report The directors of HEINEKEN MALAYSIA BERHAD have pleasure in submitting their report and … Analysts and investors can dial-in using the following telephone numbers: HEINEKEN is the world's most international brewer. H�|UiTW���*T,,�.�j�dą����Q@� * rԑ%0� (�6M��lM/tӋm$g��&j\"��F���4g����D��:���8�'3���{����{��=���"H���dYl|l���1�"c#W-��M��xiJ�� ���-���A9?W��BI�}C nh'@�o蔩Q�S �$i6zeB���-)1�)Y����K�s ʱhD�{zzf��C�� The brand grew across all regions with double digit growth in over 40 markets including Brazil, Mexico, South Africa, Nigeria, the UK, Romania and Germany. As we are ahead of our 2020 targets, in March 2019 we introduced our 2030 water ambition 'Every Drop'. Please refer to page 24 for more details.2 Organic growth shown, except for Diluted EPS (beia) which is total growth. Heineken N.V. and Heineken Holding N.V. shares trade on the Euronext in Amsterdam. For more details please see the press release as issued on 11 February 2020. At year end 17 markets were operational. Tiger performed strongly in Vietnam, Cambodia and Malaysia. 18 OUR TRATEIE HEINEKEN MAAYSIA BERHAD AUAL REPORT 19 19 Distribution We work to optimise efficiencies throughout our distribution networks across Malaysia. We are at the onset of this journey and reached 19% in 2019. ANNUAL REPORT 2017 7 SHAREHOLDER INFORMATION HEINEKEN N.V. Looking ahead to 2020, we expect our operating profit (beia) to grow by mid-single digit on an organic basis, barring major negative macro economic and political developments.". The no-alcohol portfolio grew double digit, driven by Heineken® 0.0, other line extensions of leading brands and beer mixes. 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. HEINEKEN MALAYSIA BERHAD Company No. A proposal for Mrs. Mars Wright’s reappointment as member of the Supervisory Board of Heineken N.V. for a period of four years shall be submitted to the AGM. endobj For more details on our Brewing a Better World programmes and definitions, please refer to our 2019 Annual Report. {Ӌ��R0�za/��K�u8��Lz�F/:7b����)k�$]�$!����w�v1�}�Mk(P 1 Consolidated figures are used throughout this report, unless otherwise stated; please refer to the Glossary for an explanation of non-GAAP measures and other terms used throughout this report. Put Safety First is our number one behaviour and we The Annual Report 2019 is published on the company’s new global website. NOTICE IS HEREBY GIVEN THAT the 55thAnnual General Meeting of Heineken Malaysia Berhad (the Company) will be held at Grand Ballroom, Connexion @ Nexus, No. S�~>"B��P���������X���X��� Net profit after exceptional items and amortisation of acquisition-related intangibles was €2,166 million (2018: €1,913 million). %PDF-1.6 But generally, the operating cash flow for Heineken Malaysia is on a gradual uptrend, which means the company is raking in more and more cash from their operations. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor, Malaysia. HEINEKEN Malaysia is the leading brewer in the country, with a portfolio of iconic international brands that includes Heineken®️, Tiger Beer, Guinness, Strongbow, Kilkenny and many more. s��J�WLK Some modules are disabled because cookies are declined. Low & No-Alcohol (LONO) volume increased high-single digit, delivering 14.1 million hectolitres (2018: 13.1 million). Led by the Heineken® brand, the Group has a portfolio of more than 300 international, regional, local and specialty beers and ciders. We continue to shape cider in new markets with encouraging results in Vietnam and Mexico. Accept cookies to experience the full functionality of this page. Continued cost management initiatives and productivity improvements to fuel investment behind our brands, innovation, e-commerce platforms, technology upgrades and sustainability programmes. © 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. Through "Brewing a Better World", sustainability is embedded in the business. 1 German wheat Consolidated beer volume grew 3.1% organically for the full year. 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. �ːw����]�YǑB@�t�ZS$0E � hP��a�x��+� �X�s]�W�_]R)F��7X����./DDd����-Q}!��%O� ��.�/�)0�naF�QU�)Ѣ��,������r�χk^���(��%���9�r���A�h7�[�v�@��R_���۰Nϳ]�_H{ɾ~�~����.��_hZV�4"?ɟbE���;�:ċ���|Z��ʆ!1qe�~�t�{��U� �����ϐ�3j{�x �{0�J��������ըךJy�`��Ƥ4上��o�Wq�+m�36��L@j�DUo҈Su�CiP��zr^N�!��7��&-�h�j@Δ����0�E8�_� �fO�z�y We are committed to innovation, long-term brand investment, disciplined sales execution and focused cost management. Net revenue per hectolitre (beia) grew in all regions on a constant geographic basis, driven by pricing and premiumisation. In the UK, volume declined high-single digit mainly due to a challenging comparable versus last year. Disclaimer:This press release contains forward-looking statements with regard to the financial position and results of HEINEKEN’s activities. Today, 15 of our breweries in water scarce areas have started water balancing projects, including nature-based solutions like reforestation and wetland restoration. HEInEkEn Malaysia’s brand portfolio also includes the no. Heineken® volume growth accelerated in the fourth quarter to 12.0% to close the year with 8.3% growth, the best in a decade. Heineken 0.0 is a non-alcoholic malt beverage that was launched in the Netherlands in 2017 and introduced in Malaysia in July 2019. Our raw materials, mainly malted An audio replay service will also be made available after the conference call at the above web address. 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. 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. Volume '00 1,346 Days Range 21.700 - 22.980 52 Weeks Range 17.300 - 31.740 x����D�hb�]��+�d7�����ƭ}L�k������y��}^x'���@+�F탶�_@�(�J���0�k�Z�3�8 Oj����x��E��0�F�2���G����#���:&PC. 196401000020 (5350-X) Notes: 1. The international brand portfolio grew high-single digit, driven by the double digit growth of Tiger and Amstel. HEINEKEN does not undertake any obligation to update these forward-looking statements contained in this press release. 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. The Blade, our counter-top draught system for small outlets, is now available in 32 markets with a range of 30 brands. The successful roll-out of Heineken® 0.0 continues and it is now available in 57 markets. >> 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. 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 Top-line performance continued to be strong in second part of 2019, with a good balance between price mix and volume growth. 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. 48*M��s�e{c��E���>mp�C�סiH@S7B(v^���B�b�A������(�g`!����09�2�E��;h��fՈh>4S_6_�|O3��Baz�WK�{w�:��f�&��l��K���l����� The call will be audio cast live via the company’s website: www.theheinekencompany.com/investors/webcasts. 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. H�j`�0 !� � << stream 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. 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%). Market share estimates contained in this press release are based on outside sources, such as specialised research institutes, in combination with management estimates. Mrs. Pamela Mars Wright will have completed her four-year appointment term upon conclusion of the 2020 AGM. Thermal energy accounts for nearly 80% of total energy consumption in a brewery. Heineken Malaysia Berhad delivered a commendable performance in 2019 and continued to maintain market leadership despite the challenging external environment. The high-stakes finale saw eight of Malaysia’s finest bartenders go head-to-head to prove their mastery of the perfect serve. An average interest rate (beia) broadly in line with 2019 (2019: 2.9%), An effective tax rate (beia) broadly in line with 2019 (2019: 27.6%). 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"). Cider is now locally produced in 18 markets. /Filter /FlateDecode 95% of markets where the company sells and advertises Heineken® allocated 10%, or more, of Heineken® media spend to responsible consumption campaigns. 7, Jalan Kerinchi, Bangsar South City, 59200 Kuala Lumpur, Malaysia on Friday, 24 May 2019 at 9.30 a.m. for the following purposes: The beverage is double brewed with natural ingredients including water, malted barley, hops and yeast then undergoes a de-alcoholisation process. For more details on our Brewing a Better World programs and definitions please refer to our 2019 Annual Report. Craft volume grew mid-single digit to 5.6 million hectolitres with a double-digit expansion in Europe compensating for lower volume in the Americas. BNM Annual Report 2019, Economic & Monetary Review 2019, and Financial Stability Review 2nd Half 2019 This year, Bank Negara Malaysia publishes three reports. Our new Enterprise Resource Planning system for Asia Pacific, Africa and the Caribbean (BASE), is now live in 16 of our 24 operations in scope, standardising core business processes and making us more agile and efficient. The shares of Heineken N.V. are traded on Euronext Amsterdam, where the company is included in the AEX Index. HEINEKEN has two sponsored level 1 American Depositary Receipt (ADR) programmes: Heineken N.V.(OTCQX: HEINY) and Heineken Holding N.V. (OTCQX: HKHHY). We closed the year with an operating profit (beia) organic growth of 3.9%. Capital expenditure related to property, plant and equipment of around €2 billion (2019: €1.9 billion). Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announces: Jean-François van Boxmeer, Chairman of the Executive Board / CEO, commented: "In 2019, we delivered another year of superior top-line growth, with continued strong performance in the second half. Brazil is now the largest market for Heineken® globally and with the addition of the UK and Nigeria, now 12 markets sell more than one million hectolitres of the brand. HEINEKEN HOLDING N.V. Strong performance from craft propositions in Italy, France and Spain continued. 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. Boardroom Share Registrars Sdn Bhd 11 th Floor, Menara Symphony, 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. Heineken Malaysia Berhad (HEINEKEN Malaysia) announced its financial results for the third quarter ended 30 September 2020 (3QFY20), reporting a decline in revenue and profit compared with the same quarter in 2019. Brewing a Better World, one of our five strategic priorities, addresses our commitments to promote health and safety in our operations, protect our water resources, reduce CO2 emissions, source sustainably, advocate responsible consumption and grow with the communities where we operate. 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