Company raises 2026 Adjusted EBITDA guidance to $775-790 mln from $750-775 mln
Company expects Q3 Adjusted EBITDA of $200-210 mln
Overview
Beverage can maker's Q2 revenue rose 18%, beating analyst expectations
Q2 adjusted EPS and adjusted EBITDA both beat analyst expectations
Company raised full-year 2026 adjusted EBITDA guidance, citing strong Europe performance
Result drivers
Europe performance - Strong volume growth and favorable input cost recovery in Europe drove Q2 adjusted EBITDA outperformance
Input cost pass through - Revenue growth reflected the pass through of higher input costs to customers and favorable volume/mix effects
Shipment declines in Americas - Beverage can shipments declined in the Americas due to contract resets in North America and lower shipments in Brazil, partly offset by European growth
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the non-paper containers & packaging peer group is "buy"
Wall Street's median 12-month price target for Ardagh Metal Packaging SA is $5.00, about 6.2% above its July 22 closing price of $4.71
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 18 three months ago
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