ENXTAM:HEIABeverage
Heineken (ENXTAM:HEIA) Stock Faces Durability Questions After Margin And Cash Surge
Heineken stock closed at €79.40 going into this earnings release after a steady 90 day climb that left shares about 20% higher over that period. The real story today sits in profitability. Management put operating profit at a 14.6% margin with net profit up 10.2% and free operating cash flow near €1.4b. That is a powerful cash and margin combination for a brewer.
The question for you now is whether today’s price move is treating that stronger margin and cash story as a lasting shift, or as a...