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Molson Coors Reports 2021 Second Quarter Results Q2 Delivers Best Quarterly Top - line Growth in More Than a Decade as Company Continues to Deliver on its Revitalization Plan and Premiumize its Portfolio Improves Financial Flexibility , Deleverages the Balance Sheet and Reinstates a Dividend Reaffirms 2021 Financial Guidance as Company Reinvests in the Business to Drive Long- term Revenue and Underlying EBITDA Growth GOLDEN , Colo . & MONTREAL -- ( BUSINESS WIRE ) -- July 29 , 2021 -- Molson Coors Beverage Company ( NYSE : TAP , TAP.A ; TSX : TPX.A , TPX.B ) today reported results for the 2021 second quarter . 2021 SECOND QUARTER FINANCIAL HIGHLIGHTS • • . • Net sales revenue increased 17.4 % reported and 13.7 % in constant currency , primarily due to higher financial volumes [ North America increased 1.9 % and Europe increased 17.8 % ] and higher net sales per hectoliter . Net sales revenue per hectoliter increased 5.0 % , on a brand volume basis , primarily due to positive mix in North America and Europe , driven by channel mix and historic improvement in brand mix in the U.S. , positive brand mix in Europe , plus higher net pricing , partially offset by unfavorable geographic mix . U.S. GAAP net income attributable to MCBC of $ 388.6 million , $ 1.79 per share on a diluted basis . Non - GAAP diluted EPS of $ 1.58 per share increased 1.9 % . Underlying ( Non - GAAP ) EBITDA of $ 697.8 million decreased 1.3 % in constant currency . CEO AND CFO PERSPECTIVES In the second quarter , we made significant progress against our revitalization plan that we laid out nearly two years ago . Above premium brand volumes reached a record - high portion of our U.S. portfolio compared to any prior quarter since the creation of the MillerCoors joint venture in 2008 and a record - high portion of our European portfolio , while we continued to invest in our capabilities , including the announcement of a new hard seltzer canning line in the U.K. and investments to quadruple our production of hard seltzer in Canada . We're continuing to succeed in emerging markets and beyond beer , as our Latin America volume grew by triple digits versus prior year and non - alc brands like ZOA have already surpassed our expectations for the entire year . We're also delivering on our commitment to invest in our communities and people , as we recently announced another $ 1.5 million investment in 33 organizations across North America dedicated to empowerment , equity and justice .