#Luxembourg #Luxembourg City #Beverage Can #Ardagh Metal #Adjusted EBITDA

Ardagh Metal Packaging's Financial Highlights for Q1 2025

On April 24, 2025, Ardagh Metal Packaging S.A. (NYSE: AMBP) announced its financial performance for the first quarter ending March 31, 2025. The company's results reflect a robust start to the year, showcasing notable improvements over the same period in the previous year.

Key Financial Figures

The total revenue for Q1 2025 reached $1.268 billion, marking an 11% increase from $1.141 billion in Q1 2024. When adjusted for constant currency, the revenue growth stands at 13%. This revenue boost can be attributed largely to a favorable volume/mix effect and the transfer of increased input costs to customers. Moreover, the adjusted EBITDA for the same period soared to $155 million, up 16% from $134 million in Q1 2024, illustrating the company's commitment to operational efficiency and cost management.

Despite experiencing a slight loss for the period of $5 million, down from $12 million year-over-year, the adjusted earnings per share improved to $0.02 from $0.01, a clear indication of the company's growing profitability metrics. Additionally, the board announced a maintained quarterly dividend of $0.10 per ordinary share, affirming their ongoing commitment to shareholder returns.

Insights from Leadership

Oliver Graham, CEO of Ardagh Metal Packaging, expressed optimism over the positive results, noting that the company experienced a 6% growth in global shipments and highlighted their attractive beverage can offerings during these economically challenging times. He emphasized that the company expects minimal impact from recently announced tariff measures due to the localized nature of their operations in North America, ensuring that customer product categories remain stable.

Graham further reiterated confidence in the company's enhanced growth outlook, upgrading the full-year shipping growth forecast to a range of 3-4% while increasing the Adjusted EBITDA guidance to between $695-$720 million. This upward adjustment reflects the company’s robust operational momentum paired with favorable currency considerations.

Regional Performance Highlights

Examining the regional breakdown, the Americas reported a remarkable 8% growth in beverage can shipments, particularly within non-alcoholic segments, reflecting market resilience. Noteworthy was Brazil, where volumes exceeded industry averages with a 4% increase in shipments. Meanwhile, European operations also flourished, showcasing a 14% increase in Adjusted EBITDA, thanks to effective cost management and improved inputs.

The financial stability of Ardagh Metal Packaging is further illustrated by its strong liquidity position, boasting total liquidity of $570 million as of March 31, 2025. However, a cash outflow was noted due to seasonal operational patterns.

Conclusion

In conclusion, Ardagh Metal Packaging's Q1 2025 results demonstrate a firm foundation for growth as the company navigates a dynamic market landscape. With strategic decisions and operations in place, it is well-positioned for continued success moving forward, making it a notable player in the global sustainable packaging arena. As they prepare for their earnings call and webcast, investors await further details regarding their strategies and anticipated outcomes for the remainder of the fiscal year.