Ardagh Metal Packaging SA (AMBP)

Ardagh Metal Packaging rises on Q1 earnings and revenue beatApril 23, 2026 10:11 AM
IH Market News
Ardagh Metal Packaging S.A. (NYSE:AMBP) reported first-quarter results on Thursday that came in ahead of analyst expectations, sending its shares higher in premarket trading.The stock gained 3.77% following the release.



Profit and revenue exceed forecasts



The company posted adjusted earnings per share of $0.05, surpassing the analyst estimate of $0.03.Revenue totaled $1.5 billion, beating the consensus forecast of $1.37 billion and marking a 19% increase from $1.27 billion in the same period last year. Adjusted EBITDA reached $179 million, exceeding the company’s guidance range of $160 million to $170 million and rising 15% year-on-year, supported by strong performance in Europe.



Europe drives strong performance



“We are pleased to report strong first quarter results for AMP, with Adjusted EBITDA growth of 15% versus the prior year, significantly ahead of our guidance and demonstrating the resilience of our business,” said Oliver Graham.European operations were a key contributor, with adjusted EBITDA climbing 53% to $75 million, benefiting from improved cost recovery and a favorable product mix.



Americas face headwinds



In the Americas, adjusted EBITDA declined 2% to $104 million, impacted by disruptions in the aluminum supply chain and higher operating costs, though partially offset by favorable volume mix.



Outlook maintained



For the second quarter, Ardagh Metal Packaging expects adjusted EBITDA between $210 million and $220 million. The midpoint of $215 million compares with $210 million reported in the same quarter of 2025.The company reaffirmed its full-year 2026 adjusted EBITDA guidance of $750 million to $775 million and anticipates modest growth in global shipments.



Shipment trends and dividend



Global beverage can shipments fell 1% year-on-year during the quarter, including a 2% decline in the Americas and a 1% drop in Europe.The company also declared a regular quarterly dividend of $0.10 per share.Ardagh Metal Packaging stock price

Original: Ardagh Metal Packaging rises on Q1 earnings and revenue beat

Ardagh Metal Packaging S.A. Declares Quarterly DividendApril 23, 2026 7:00 AM
PR Newswire (US)

LUXEMBOURG, April 23, 2026 /PRNewswire/ -- Ardagh Metal Packaging S.A. (NYSE: AMBP) announces that its board of directors has approved a quarterly interim dividend of $0.10 per ordinary share. This is payable on June 25, 2026 to shareholders of record on June 11, 2026.







To view this release online and get more information about Ardagh Metal Packaging please visit:https://www.ardaghmetalpackaging.com/investorsAbout Ardagh Metal PackagingArdagh Metal Packaging (AMP) is a leading global supplier of sustainable and infinitely recyclable metal beverage cans to brand owners globally. An operating business of sustainable packaging business Ardagh Group, AMP is a leading industry player across Europe and the Americas with innovative production capabilities. AMP operates 23 production facilities in nine countries, employing approximately 6,500 people with sales of $5.5 billion in 2025.Forward-Looking StatementsThis press release includes "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. Any forward-looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise. This press release contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014. The person responsible for the release of this information on behalf of Ardagh Metal Packaging Finance plc and Ardagh Metal Packaging Finance USA LLC is Stephen Lyons, Investor Relations Director.ContactsInvestors:
Email: stephen.lyons@ardaghgroup.com



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Original: Ardagh Metal Packaging S.A. Declares Quarterly Dividend

Ardagh Metal Packaging S.A. - First Quarter 2026 ResultsApril 23, 2026 7:00 AM
PR Newswire (US)

LUXEMBOURG, April 23, 2026 /PRNewswire. -- Ardagh Metal Packaging S.A. (NYSE: AMBP) today announced results for the first quarter ended March 31, 2026.


















March 31, 2026
March 31, 2025
Change
Constant Currency

($'m except per share data)



Revenue
1,504
1,268
19 %
13 %Loss for the period
(5)
(5)



Adjusted EBITDA (1)
179
155
15 %
11 %Loss per share
(0.01)
(0.02)



Adjusted earnings per share (1)
0.05
0.02



Dividend per ordinary share
0.10
0.10



Oliver Graham, CEO of Ardagh Metal Packaging (AMP), said:"We are pleased to report strong first quarter results for AMP, with Adjusted EBITDA growth of 15% versus the prior year, significantly ahead of our guidance and demonstrating the resilience of our business. Beverage can sales declined by 1% versus the prior year quarter, in line with our expectations, as we cycled strong prior year growth (+6%) and due to the impact of contract resets in North America.Our Adjusted EBITDA outperformance in the quarter was driven by Europe, which benefitted from strong input cost recovery and favorable volume/mix. Performance in the Americas was broadly in line with expectations. Brazil delivered strong results driven by above-market volume growth, which was offset by the impact of a more challenging operating environment in North America, where we experienced higher costs associated with aluminum supply chain disruptions, which we expect to continue into Q2.We reaffirm our full year Adjusted EBITDA guidance for 2026 despite macro-economic and geopolitical uncertainty - and the associated increases in certain input costs - and we continue to anticipate moderate global shipments growth. AMP's guidance is supported by our first quarter outperformance, our robust contractual cost pass-through mechanisms, energy hedging arrangements, and volume outlook, all of which help mitigate the potential impact of higher commodity prices."Global beverage can shipments declined by 1% in the quarter versus the prior year quarter, which was driven by a decline of 2% in the Americas – a decline in North America of 5% offsetting growth of 14% in Brazil – and a decline of 1% in Europe.Adjusted EBITDA of $179 million for the quarter was ahead of our guidance range of $160–170 million, driven by a strong outperformance in Europe, and represented a 15% increase (+11% at constant currency) versus the prior year quarter.In the Americas Adjusted EBITDA for the quarter decreased by 2% to $104 million due to supply chain disruptions - reflecting adverse weather and expected disruption to aluminum supply - driving higher operations and overhead costs, and lower input cost recovery, partly offset by favorable volume/mix effects.In Europe Adjusted EBITDA for the quarter increased by 53% (+36% at constant currency) to $75 million, due to stronger input cost recovery, currency movements and favorable volume/mix, partly offset by higher operational and overhead costs.Strong total liquidity position of $488 million at March 31, 2026. In the quarter AMP completed the refinancing of the asset-based lending facility, which was upsized to $450 million and its maturity date extended to January 2031.On April 6, 2026, a court in the United States District Court for the Northern District of Illinois entered a jury verdict in connection with a lawsuit filed against Boston Beer in 2022 for breach of contract in respect of minimum volume purchase requirements, awarding damages of approximately $175 million, plus pre-judgment interest if assessed, to the Group, subject to any post-trial motions.Regular quarterly ordinary dividend of 10c announced. No change to capital allocation priorities.2026 Adjusted EBITDA guidance unchanged: Full year 2026 Adjusted EBITDA in the range of $750–775 million and modest global shipments growth. Adjusted EBITDA growth driven by favorable volume/mix, operating cost improvements and currency effects.Second quarter Adjusted EBITDA expected to be in the range of $210-220 million. This compares with Q2 2025 Adjusted EBITDA of $210 million ($212 million at constant currency) and takes into account strong prior year shipments growth of 5%.Financial Performance ReviewBridge of 2025 to 2026 Revenue and Adjusted EBITDA
Three months ended March 31, 2026






Revenue
Europe
Americas
Group

$'m
$'m
$'mRevenue 2025
528
740
1,268Organic
32
139
171FX translation
65
—
65Revenue 2026
625
879
1,504






Adjusted EBITDA
Europe
Americas
Group

$'m
$'m
$'mAdjusted EBITDA 2025
49
106
155Organic
20
(2)
18FX translation
6
—
6Adjusted EBITDA 2026
75
104
179






2026 Adjusted EBITDA margin %
12.0 %
11.8 %
11.9 %2025 Adjusted EBITDA margin %
9.3 %
14.3 %
12.2 %Group PerformanceGroupRevenue of $1,504 million in the three months ended March 31, 2026 increased by $236 million, or 19%, compared with $1,268 million in the same period last year. On a constant currency basis, revenue increased by 13%, mainly reflecting the pass through to customers of higher input costs and favorable volume/mix effects.Adjusted EBITDA increased by $24 million, or 15%, to $179 million in the three months ended March 31, 2026, compared with $155 million in the same period last year. On a constant currency basis, Adjusted EBITDA increased by 11%, principally due to favorable volume/mix effects and higher input cost recovery, partly offset by higher operational and overhead costs.AmericasRevenue increased by $139 million, or 19%, on a reported and constant currency basis, to $879 million in the three months ended March 31, 2026, compared with $740 million in the same period last year, principally reflecting the pass through of higher input costs to customers and favorable volume/mix effects.Adjusted EBITDA decreased by $2 million, or 2%, to $104 million on a reported and constant currency basis, compared with $106 million in the same period last year. The decrease in Adjusted EBITDA was primarily driven by higher operations and overhead costs and lower input cost recovery, partly offset by favorable volume/mix effects.EuropeRevenue increased by $97 million, or 18%, to $625 million in the three months ended March 31, 2026, compared with $528 million in the same period last year. On a constant currency basis, revenue increased by 5% principally due to favorable volume/mix effects (including the impact of IFRS 15 contract asset).Adjusted EBITDA increased by $26 million, or 53%, to $75 million compared with $49 million in the same period last year. On a constant currency basis, Adjusted EBITDA increased by 36% principally due to higher input cost recovery and favorable volume/mix effects (including the impact of IFRS 15 contract asset), partly offset by higher operations and overhead costs.Earnings Webcast and Conference Call DetailsArdagh Metal Packaging S.A. (NYSE: AMBP) will hold its first quarter 2026 earnings webcast and conference call for investors at 8.00 a.m. EDT (1.00 p.m. BST) on Thursday April 23, 2026. Please use the following webcast link to register for this call:Webcast registration and access:https://event.webcasts.com/starthere.jsp?ei=1756471&tp_key=9304d31a1fConference call dial in:United States/Canada: +1 646 769-9200
International: +44 (0)20 7769-6464
Participant pin code: 9506100An investor earnings presentation to accompany this release is available at https://www.ardaghmetalpackaging.com/investors.About Ardagh Metal Packaging
Ardagh Metal Packaging (AMP) is a leading global supplier of sustainable and infinitely recyclable metal beverage cans to brand owners globally. An operating business of sustainable packaging business Ardagh Group, AMP is a leading industry player across Europe and the Americas with innovative production capabilities. AMP operates 23 production facilities in nine countries, employing approximately 6,500 people with sales of approximately $5.5 billion in 2025.For more information, visit https://www.ardaghmetalpackaging.com/investors.Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts and are inherently subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this release. Certain factors that could cause actual events to differ materially from those discussed in any forward-looking statements include the risk factors described in Ardagh Metal Packaging S.A.'s Annual Report on Form 20-F for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission (the "SEC") and any other public filings made by Ardagh Metal Packaging S.A. with the SEC. In addition, new risk factors and uncertainties emerge from time to time, and it is not possible for us to predict all risk factors and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual events to differ materially from those contained in any forward-looking statements. Under no circumstances should the inclusion of such forward-looking statements in this release be regarded as a representation or warranty by us or any other person with respect to the achievement of results set out in such statements or that the underlying assumptions used will in fact be the case. Therefore, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking information presented herein is made only as of the date of this release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise. This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014. The person responsible for the release of this information on behalf of Ardagh Metal Packaging Finance plc and Ardagh Metal Packaging Finance USA LLC is Stephen Lyons, Investor Relations Director.Non-IFRS Financial Measures
This release may contain certain financial measures such as Adjusted EBITDA, Adjusted operating cash flow, Adjusted free cash flow, net debt and ratios relating thereto that are not calculated in accordance with IFRS® Accounting Standards. Non-IFRS financial measures may be considered in addition to IFRS financial information, but should not be used as substitutes for the corresponding IFRS measures. The non-IFRS financial measures used by Ardagh Metal Packaging S.A. may differ from, and not be comparable to, similarly titled measures used by other companies.Contacts:
Investors:
Email: stephen.lyons@ardaghgroup.comMedia:
Pat Walsh, Murray Consultants
Tel.: +353 1 498 0300 / +353 87 2269345
Email: pwalsh@murraygroup.ieUnaudited Consolidated Condensed Income Statement for the three months ended March 31, 2026 and 2025














Three months ended March 31, 2026
Three months ended March 31, 2025

Before
exceptional
items
Exceptional
items
Total
Before
exceptional
items
Exceptional
items
Total

$'m
$'m
$'m
$'m
$'m
$'mRevenue
1,504
—
1,504
1,268
—
1,268Cost of sales
(1,325)
(1)
(1,326)
(1,116)
(2)
(1,118)Gross profit
179
(1)
178
152
(2)
150Sales, general and administration expenses
(83)
(3)
(86)
(75)
(1)
(76)Intangible amortization
(36)
—
(36)
(33)
—
(33)Operating profit
60
(4)
56
44
(3)
41Net finance expense
(57)
(3)
(60)
(56)
6
(50)Loss before tax
3
(7)
(4)
(12)
3
(9)Income tax (charge)/credit
(1)
—
(1)
4
—
4Loss for the period
2
(7)
(5)
(8)
3
(5)












Loss per share:











Basic and diluted loss per share




(0.01)




(0.02)












Unaudited Consolidated Condensed Statement of Financial Position




At March 31, 2026
At December 31, 2025
$'m
$'mNon-current assets


Intangible assets1,137
1,181Property, plant and equipment2,469
2,515Other non-current assets152
143
3,758
3,839Current assets


Inventories490
509Trade and other receivables626
467Contract assets304
267Income tax receivable29
34Derivative financial instruments75
41Cash, cash equivalents and restricted cash 142
522
1,666
1,840TOTAL ASSETS5,424
5,679



TOTAL EQUITY(690)
(675)



Non-current liabilities


Borrowings including lease obligations4,239
4,301Other non-current liabilities296
324
4,535
4,625Current liabilities


Borrowings including lease obligations241
118Payables and other current liabilities*1,338
1,611
1,579
1,729TOTAL LIABILITIES6,114
6,354TOTAL EQUITY and LIABILITIES5,424
5,679* Payables and other current liabilities includes liabilities for earnout shares of $6 million at March 31, 2026 (December 31, 2025: $3 million, included in other non-current liabilities).Unaudited Consolidated Condensed Statement of Cash Flows






Three months ended March 31,

2026
2025

$'m
$'mCash flows used in operating activities



Cash used in operations (2)
(325)
(276)Net interest paid
(11)
(17)Settlement of foreign currency derivative financial instruments
(7)
(7)Income tax paid
(3)
(10)Cash flows used in operating activities
(346)
(310)




Cash flows used in investing activities



Net capital expenditure
(59)
(39)Cash flows used in investing activities
(59)
(39)




Cash flows received from/(used in) financing activities



Changes in borrowings
138
(2)Deferred debt issue costs paid
(8)
(1)Lease payments
(45)
(25)Dividends paid
(60)
(66)Net cash received from/(used in) financing activities
25
(94)




Net decrease in cash, cash equivalents and restricted cash
(380)
(443)




Cash, cash equivalents and restricted cash at beginning of period
522
610Exchange gains on cash, cash equivalents and restricted cash
–
10Cash, cash equivalents and restricted cash at end of period
142
177Financial assets and liabilities
At March 31, 2026, the Group's net debt and available liquidity was as follows:






Drawn amount
Available liquidity

$'m
$'mSenior Secured Green and Senior Green Notes
4,018
—Global Asset Based Loan Facility
140
250Bradesco Facility
—
96Lease obligations
333
—Other borrowings
22
—Total borrowings / undrawn facilities
4,513
346Deferred debt issue costs
(33)
—Net borrowings / undrawn facilities
4,480
346Cash, cash equivalents and restricted cash
(142)
142Derivative financial instruments used to hedge foreign currency and interest rate risk
(6)
—Net debt / available liquidity
4,332
488Reconciliation of loss for the period to Adjusted profit




Three months ended March 31,
2026
2025
$'m
$'mLoss for the period as presented in the income statement(5)
(5)Less: Dividend on preferred shares —
(6)Loss for the period used in calculating earnings per share(5)
(11)Exceptional items, net of tax7
(3)Intangible amortization, net of tax28
26Adjusted profit for the period30
12



Weighted average number of ordinary shares597.7
597.7



Loss per share(0.01)
(0.02)



Adjusted earnings per share0.05
0.02Reconciliation of loss for the period to Adjusted EBITDA




Three months ended March 31,
2026
2025
$'m
$'mLoss for the period (5)
(5)Income tax charge/(credit)1
(4)Net finance expense60
50Depreciation and amortization119
111Exceptional operating items4
3Adjusted EBITDA179
155Reconciliation of Adjusted EBITDA to Adjusted operating cash flow and Adjusted free cash flow




Three months ended March 31,
2026
2025
$'m
$'mAdjusted EBITDA179
155Movement in working capital(498)
(428)Maintenance capital expenditure(37)
(24)Lease payments(45)
(25)Exceptional restructuring costs(1)
(1)Adjusted operating cash flow(402)
(323)Interest paid(11)
(17)Settlement of foreign currency derivative financial instruments(7)
(7)Income tax paid(3)
(10)Adjusted free cash flow - pre Growth Investment capital expenditure(423)
(357)Growth investment capital expenditure(22)
(15)Adjusted free cash flow - post Growth Investment capital expenditure(445)
(372)____________________Related Footnotes(1) For a reconciliation to the most comparable IFRS measures, see Page 8.(2) Cash used in operations for the three months ended March 31, 2026, is derived from the aggregate of Adjusted EBITDA as presented on Page 8, working capital outflows of $498 million and exceptional cash outflows of $6 million. Cash used in operations for the three months ended March 31, 2025, is derived from the aggregate of Adjusted EBITDA as presented on Page 8, working capital outflows of $428 million and exceptional cash outflows of $3 million.



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Original: Ardagh Metal Packaging S.A. - First Quarter 2026 Results

Ardagh Metal Packaging S.A. Declares Quarterly DividendFebruary 26, 2026 7:00 AM
PR Newswire (US)

LUXEMBOURG, Feb. 26, 2026 /PRNewswire/ -- Ardagh Metal Packaging S.A. (NYSE: AMBP) announces that its board of directors has approved a quarterly interim dividend of $0.10 per ordinary share. This is payable on March 26, 2026 to shareholders of record on March 12, 2026.







To view this release online and get more information about Ardagh Metal Packaging please visit:https://www.ardaghmetalpackaging.com/investorsAbout Ardagh Metal PackagingArdagh Metal Packaging (AMP) is a leading global supplier of sustainable and infinitely recyclable metal beverage cans to brand owners globally. An operating business of sustainable packaging business Ardagh Group, AMP is a leading industry player across Europe and the Americas with innovative production capabilities. AMP operates 23 production facilities in nine countries, employing approximately 6,500 people with sales of $5.5 billion in 2025.Forward-Looking StatementsThis press release includes "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. Any forward-looking information presented herein is made only as of the date of this press release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise. This press release contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014. The person responsible for the release of this information on behalf of Ardagh Metal Packaging Finance plc and Ardagh Metal Packaging Finance USA LLC is Stephen Lyons, Investor Relations Director.ContactsInvestors:
Email: stephen.lyons@ardaghgroup.com



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Original: Ardagh Metal Packaging S.A. Declares Quarterly Dividend

Picked some up today AMBP, been watching way too long

Thanks I’ll definitely check it out

Thanks, I see Barcharts rates RXT at 80% buy, and I welcome more diversification.
Currently heavy in ELTP, and expect more upward momentum there, but not everything in One basket.
BTW, ELTP has a great, very active, informative board

Exactly. Another one you should follow or take a look at is $RXT

I just bought in today, and as the only “follower” guessing this board will be pretty dead, as are many
I watch. As you said low price & good dividend—what’s not to like!

Good Stock here, Cheap and offers a Dividend of .10 per share