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Heineken's shares surge 12% following strong 2024 profits and a big share buyback plan.
Heineken's shares rose 12% after reporting better-than-expected 2024 profits, with an 8.3% increase in operating profit and a 5% growth in net revenues.
The company also announced a €1.5 billion share buyback plan and expects operating profit growth of 4-8% in 2025.
Sales of its non-alcoholic beer grew 10%, particularly in the US and Brazil.
Despite a slight dip in overall turnover, CEO Dolf van den Brink expects continued volume and revenue growth.
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Las acciones de Heineken aumentaron un 12% después de fuertes beneficios de 2024 y un gran plan de recompra de acciones.