Ardagh Metal Packaging ( (AMBP) ) has provided an update.
Ardagh Metal Packaging S.A. released its consolidated financial statements for the year ending December 31, 2024, along with a report on internal control over financial reporting. The company has maintained effective internal controls and presented its financial position in accordance with IFRS standards. A critical audit matter highlighted was the valuation of Earnout Shares, which involved complex judgments and the use of a Monte Carlo simulation to assess the financial liability. The estimated valuation of this liability was $10 million, with changes in fair market valuation resulting in $13 million of exceptional finance income for the year.
More about Ardagh Metal Packaging
Ardagh Metal Packaging S.A. operates in the packaging industry, focusing on the production of metal packaging solutions. The company is headquartered in Luxembourg and is known for its comprehensive range of metal packaging products, catering to various market needs.
YTD Price Performance: -2.02%
Average Trading Volume: 1,295,887
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.74B
For detailed information about AMBP stock, go to TipRanks’ Stock Analysis page.
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