Heineken Holding N.V. reports on 2018 third quarter trading

Amsterdam, 24 October 2018 - Heineken Holding N.V. (EURONEXT: HEIO; OTCQX: HKHHY) today publishes its trading update for the third quarter of 2018.

KEY HIGHLIGHTS

• Consolidated beer volume +4.6% organically, with growth in all regions.
• Heineken volume +9.2% with double digit growth in Africa, Middle East & Eastern Europe and the Americas.
• Expectations for the full year 2018 remain unchanged.

Heineken Holding N.V. engages in no activities other than its participating interest in Heineken N.V. and the management or supervision of and provision of services to that company.

THIRD QUARTER AND NINE MONTHS VOLUME BREAKDOWN

Consolidated beer volume1 (in mhl or %)	3Q18		Total growth %		Organic growth %		YTD 3Q18		Total growth %		Organic growth %
Consolidated beer volume	62.6		4.4		4.6		175.3		8.7		4.5

Heineken (in mhl or %)	3Q18		Organic growth  %		YTD 3Q18		Organic growth  %
Heineken	10.3		9.2		28.8		8.1

Heineken volume grew by 9.2%. Key markets contributing with double digit growth included Brazil, South Africa, France, Russia, the UK, Poland, Canada and Mexico. Volume in Asia Pacific declined mainly due to Vietnam, Thailand and Taiwan.

¹  Refer to the Definitions section for an explanation of organic growth.

REPORTED NET PROFIT OF HEINEKEN N.V.

Reported net profit of Heineken N.V. for the nine months was €1,606 million (2017: €1,486 million).

TRANSLATIONAL CURRENCY UPDATE

Using spot rates as at 16 October 2018 for the remainder of this year, the calculated negative currency translational impact would be approximately €175 million  (vs €179m on 24 July) at consolidated operating profit level (beia), and negative €110 million (vs €112m on 24 July) at net profit level (beia).