Ardagh Metal Packaging Posts Strong Q2 Earnings
Company Announcements

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.

For further insights into AMBP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyArdagh Metal Packaging price target raised to $3.60 from $3.50 at Morgan Stanley
TipRanks Auto-Generated NewsdeskArdagh Metal Packaging Welcomes New CFO
TheFlyArdagh Metal Packaging: Stefan Schellinger to succeed David Bourne as CFO
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App