Heineken Q1 Report 2023

Key Highlights

• Revenue growth 9.2%
• Net revenue (beia) organic growth 8.9%; per hectolitre 12.3%
• Beer volume -3.0% organic growth
• Heineken® volume growth 2.3% (5.7% excluding Russia)
• Gross merchandise value captured via eB2B platforms +51%
• Outlook for the full year unchanged; operating profit (beia) expected to grow organically mid- to high-single-digit