Ardagh Metal Packaging Posts Strong Q2 Earnings

Ardagh Metal Packaging (AMBP) has released an update.

Ardagh Metal Packaging S.A. reported a modest revenue increase to $1,259 million in Q2 2024, maintaining stable revenue on a constant currency basis from the previous year. The company saw a significant 18% rise in Adjusted EBITDA to $178 million, attributed to strong cost recovery and improved operational efficiency. Additionally, the firm has raised its full-year 2024 Adjusted EBITDA guidance, citing robust performance, particularly in Europe, and continued volume growth.

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