Total Volume +20.8%
In 2Q21, total volumes grew by 20.8%, with own beer volumes up by 20.5% and non-beer volumes up by 23.2%. In HY21, total volumes grew by 17.0% with own beer volumes up by 17.7% and non-beer volumes up by 12.6%.
Total Revenue + 27.6%
In 2Q21, revenue grew by 27.6% with revenue per hl growth of 5.8%. In HY21, revenue grew by 22.4% with revenue per hl growth of 4.7%.
Global Brands Revenue + 19.3% (outside their home markets)
In 2Q21, combined revenues of our three global brands, Budweiser, Stella Artois and Corona, increased by 23.0% globally and by 19.3% outside of their respective home markets. In HY21, the combined revenues of our global brands increased by 26.2% globally and by 31.4% outside of their respective home markets.
Normalized EBITDA + 31.0%
Normalized EBITDA increased by 31.0% in 2Q21 and by 22.1% in HY21. Normalized EBITDA margin was 35.8% in 2Q21 and 35.3% in HY21. The 2Q21 and HY21 Normalized EBITDA figures include an impact of 226 million USD from tax credits in Brazil.
Underlying Profit $1.512 billion
Underlying profit (normalized profit attributable to equity holders of AB InBev excluding mark-to-market gains and losses linked to the hedging of our sharebased payment programs and the impact of hyperinflation) was $1.512 billion in 2Q21 compared to $790 million in 2Q20 and was $2.606 billion USD in HY21 compared to $1. 805 billion in HY20. Normalized profit attributable to equity holders of AB InBev was $1.911 billion in 2Q21 versus $921 million in 2Q20 and $2.924 million in HY21 versus $76 million in HY20.