United Breweries Limited — Updates, 12-02-2025: Press Release

Heineken N.V. has highlighted a robust performance in India, with net revenue growth in the low-teens and beer volume growth in the high single digits. As the market leader, Heineken has focused on expanding beer-centric occasions and shaping the beer category to unlock growth potential. The Kingfisher brand, India’s largest, achieved mid-single-digit growth, supported by increased sponsorship investments, particularly in the Indian Premier League. Additionally, Heineken’s premium segment, led by Kingfisher Ultra and Heineken Silver, saw impressive growth in the mid-thirties, capturing greater market share. The introduction of Amstel Grande aims to further enhance its premium offerings. Overall, this performance indicates a positive outlook for United Breweries, especially in terms of premiumization and market leadership. Investors should watch closely as these trends could signal continued growth momentum in the beer segment.