Ardagh Metal Packaging Reports Strong Q1 EBITDA Growth Amid Mixed Regional Performance
Ardagh Metal Packaging (AMBP) reported Q1 adjusted EBITDA of $179 million, a 15% increase YoY, driven by strong performance in Europe. However, North America shipments declined due to contract resets and weather disruptions, while Brazil saw an increase. The company reaffirmed its full-year EBITDA guidance and warned of potential second-half coating cost increases.
Topics: dividend earnings EBITDA financial performance input cost recovery leverage Q1 results