Anheuser-Busch InBev (AB InBev), a Belgium-based multinational beverage and brewing firm, has posted revenues of $19.7bn in the half year ended 30 June 2013, up 2.7%, compared to the revenues of $19.2bn for the same period in 2012.

Revenue in the second quarter (Q2) ended 30 June 2013 increased by 3.9% to $10.5bn, against revenue of $9.8bn for the comparable period last year.

Gross profit increased by 2.7% from $11.1bn in the first half of 2012 to $11.4bn in 2013.

In the Q2 2013, the company posted gross profit of $6.1bn, up 5.3%, against gross profit of $5.6bn for the comparable period in 2012.

According to the company management, total revenues for AB InBev grew by 3.9% in Q2 13, driven by revenue per hl growth of 5.8% as a result of favourable brand mix and their revenue management initiatives.

"Beer volumes in Brazil in the second quarter were marginally down 0.4% compared with 2Q12, a good improvement after a challenging first quarter. This was driven by an easing in food inflation and the success of our market programs and pack price strategies, and despite the public demonstrations taking place in a number of cities during the month of June," management said.

"The incremental volumes from the FIFA Confederations Cup soccer tournament held in Brazil in June 2013 were also positive for our business. We expect pressure on consumer disposable income in Brazil to continue for the remainder of the year, with an improvement in underlying beer industry volumes in the second half compared to the first half of the year.

"We believe that beer industry volumes in Brazil in FY13 will be either flat or down low single-digits compared to FY12."