Earnings release
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ABInBev Regulated and inside information¹ Brussels / 06 May 2021 / 7.00am CET Anheuser - Busch InBev Reports First Quarter 2021 Results " Our business is off to a very strong start in 2021. We delivered top - line ahead of pre - pandemic levels , as beer volumes were up by 2.8 % versus 1019 with healthy revenue per hl growth . EBITDA increased by 14.2 % year - over - year , even in the context of ongoing COVID - 19 related restrictions . Today , we announced that I will be stepping down from AB InBev after 32 incredible years , effective July 1st , when Michel Doukeris will succeed me as AB InBev's next CEO . My proudest moments during these years have been to watch our people grow and our company develop . Together , we built the leading and most profitable global brewer , with the best brands , and more importantly , the best people . It has been a privilege and an honor to be part of this team of 164 000 inspirational colleagues around the world . I am very excited about the future of our business under Michel's leadership and congratulate him on the appointment as CEO of this amazing company . ” - Carlos Brito , CEO Total Volume + 13.3 % Total volumes grew by 13.3 % , with own beer up by 14.9 % and non - beer up by 4.0 % . Total Revenue + 17.2 % Revenue grew by 17.2 % with revenue per hl growth of 3.7 % , driven by ongoing premiumization and revenue management initiatives . Global Brands Revenue + 46.4 % ( outside their home markets ) Combined revenues of our global brands , Budweiser , Stella Artois and Corona , increased by 29.5 % and by 46.4 % outside their home markets . Press release Normalized EBITDA + 14.2 % Normalized EBITDA increased by 14.2 % , with Normalized EBITDA margin contraction of 91 bps to 34.7 % . ab-inbev.com Underlying Profit 1 099 million USD Underlying profit ( normalized profit attributable to equity holders of AB InBev excluding mark - to - market gains and losses linked to the hedging of our share - based payment programs and the impact of hyperinflation ) was 1 099 million USD in 1021 compared to 1 015 million USD in 1020. Normalized profit attributable to equity holders of AB InBev was 1 013 million USD in 1Q21 versus -845 million USD in 1Q20 . Underlying EPS 0.55 USD Underlying EPS ( normalized EPS excluding mark - to - market gains and losses linked to the hedging of our share - based payment programs and the impact of hyperinflation ) was 0.55 USD in 1Q21 , an increase from 0.51 USD in 1Q20 . Normalized EPS in 1021 was 0.51 USD , an increase from -0.42 USD in 1Q20 . Press release - 6 May 2021 - 1 ¹The enclosed information constitutes inside information as defined in Regulation ( EU ) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse , and regulated information as defined in the Belgian Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market .