Ardagh Metal Packaging Q2 profit rises to $35 million; adjusted EBITDA climbs 14% to $240 million - AMBP News | RalliesArdagh Metal Packaging Q2 profit rises to $35 million; adjusted EBITDA climbs 14% to $240 million
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AMBP• Guidance
- Full-year adjusted EBITDA guidance was raised to $775-$790 million; Q3 adjusted EBITDA is forecast at $200-$210 million.
Second-quarter results and operating performance
- Ardagh Metal Packaging Q2 revenue rose 18% to $1.71 billion; profit for the period returned to profit at $35 million.
- Adjusted EBITDA climbed 14% to $240 million; adjusted earnings per share increased to $0.11.
- Global shipments fell 1%; Europe shipments grew 5% while the Americas declined 6%.