Analysts had anticipated a 2.9 percent drop in beer volumes. Heineken attributed the resilience in net revenues to higher sales of premium products, including its flagship Heineken brand. CEO Dolf van den Brink stated that, "Despite volatile consumer and geopolitical trends, we are performing within the range of expectations." Despite its positive performance, the brewer warned that global instability remains a threat. The company cited weak consumer sentiment, inflationary pressures, and fluctuating currency values, particularly against the stronger euro, as ongoing concerns. In particular, uncertainty surrounding U.S. trade policy and proposed tariffs on beer in cans may impact future sales. Though recent sweeping tariff hikes have largely been put on hold, Heineken continues to monitor the situation closely. The company maintained its forecast of 4 to 8 percent profit growth for 2025, despite these challenges.