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13 November 2025

Heineken warns of more brewery closures and potential market exits

The Netherlands | Dutch brewer Heineken notified on 22 October that its 2025 beer sales would fall as macroeconomic challenges worsened, further downgrading its volume guidance from the previous quarter. The company reported a 0.3 percent organic decline in third-quarter 2025 net revenues. Its 4.3 percent organic beer volume decline was broadly in line with forecasts. Volume sales are down 2.3 percent year-to-date.

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