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The company revealed organic net profit growth of 18 per cent for the 12-month period, taking total net profit to €1.05 billion (£922 million).
It also raised its proposed dividend by 4.8 per cent to €0.65 per share, citing cost cutting and higher revenue per hectolitre for what chairman and chief executive officer Jean-Francois van Boxmeer described as an "outstanding" performance.
The company has done well in what was "one of the most challenging trading environments in [its] history", he remarked.
Shares in Heineken were up 2.17 per cent to € 35.80 at 09:14 GMT following the announcement, despite the fact that Mr van Boxmeer also issued a cautious outlook for 2010.
He explained that the continued economic uncertainty will result in reduced beer consumption this year, meaning trading will be lower in a number of countries.
Posted by Greg Secker
