{"id":5632,"date":"2025-02-28T09:41:04","date_gmt":"2025-02-28T14:41:04","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=5632"},"modified":"2025-02-28T09:41:04","modified_gmt":"2025-02-28T14:41:04","slug":"ardagh-metal-packaging-reports-6-revenue-growth-in-q4-2024","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=5632","title":{"rendered":"Ardagh Metal Packaging reports 6% revenue growth in Q4 2024\u00a0"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure class=\"article-image__container\">\n                                    <picture><source media=\"(min-width: 990px)\" srcset=\"https:\/\/www.packaging-gateway.com\/wp-content\/uploads\/sites\/16\/2025\/02\/Paack-5-Ardgah-shutterstock_2463933233-770x433.jpg\"\/><source media=\"(min-width: 430px)\" srcset=\"https:\/\/www.packaging-gateway.com\/wp-content\/uploads\/sites\/16\/2025\/02\/Paack-5-Ardgah-shutterstock_2463933233-940x528.jpg\"\/>\n                                    <\/picture><figcaption class=\"c-featured-image__description\">In the Americas, AMP reported revenue of $653m in Q4 2024. Credit: Piotr Swat via Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n<p class=\"drop-cap\">Ardagh Metal Packaging (AMP) has reported a revenue of $1.19bn for the fourth quarter (Q4) of 2024, a 6% increase compared to the $1.13bn reported in the same period a year ago.<\/p>\n<p>            <!-- sponsored-whitepaper sponsored hidden sponsored-with-form --><\/p>\n<p>This increase in revenue has been attributed to favourable volume\/mix effects and the pass-through of higher input costs to customers.<\/p>\n<p>For the fourth quarter ended 31 December 2024, the company\u2019s adjusted earnings before interest, taxes, depreciation (EBITDA), and amortisation increased by 11% to $164m, compared with $148m in the three months ended 31 December 2023 on a reported basis.<\/p>\n<p>In the Americas, Ardagh reported revenue of $653m in the three months ended 31 December 2024, a decrease of 7% compared to $705m a year ago.<\/p>\n<p>The decline in revenue is mainly attributed to adverse volume\/mix effects in the region, partially offset by the transfer of higher input costs to customers.<\/p>\n<p>Its adjusted EBITDA was $108m, a decrease of 8% on a reported and constant currency basis when compared with $117m in the same quarter last year.<\/p>\n<p>During Q4 2024, AMP\u2019s revenue in Europe was $542m, an increase of 22% compared to $427m in the three months ended 31 December 2023.\u00a0\u00a0<\/p>\n<p>In Europe, the company\u2019s adjusted EBITDA was also up by 81% on a reported basis to $56m in the latest quarter.<\/p>\n<p>Ardagh Metal Packaging Group\u2019s revenue in the year ended 31 December 2024 was $4.90bn, an increase of 2% on a reported basis, compared with $4.81bn in the year ended 31 December 2023.<\/p>\n<p>During the year, the company\u2019s adjusted EBITDA increased by 12% on a reported basis, to $672m, compared to $600m that was recorded in the last year.<\/p>\n<p>AMP CEO Oliver Graham said: \u201c2024 represented a successful year for our business, as reflected by double-digit adjusted EBITDA growth. This result was underpinned by 3% global volume growth, as well as stronger input cost recovery.<\/p>\n<p>\u201cEurope\u2019s adjusted EBITDA performance was consistently strong, as the industry demonstrated good volume growth and a recovery from customer destocking in the prior year.\u201d<\/p>\n<p>            <!-- sponsored-whitepaper sponsored hidden sponsored-with-form --><\/p>\n<footer class=\"article-footer\">\n                                <!-- article-actions start --><\/p>\n<p><!-- .gdm-article-actions -->                                <!-- article-actions end --><br \/>\n                            <\/footer>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.packaging-gateway.com\/news\/ardagh-metal-packaging-filing-q4\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the Americas, AMP reported revenue of $653m in Q4 2024. Credit: Piotr Swat via Shutterstock. Ardagh Metal Packaging (AMP) has reported a revenue of $1.19bn for the fourth quarter (Q4) of 2024, a 6% increase compared to the $1.13bn reported in the same period a year ago. This increase in revenue has been attributed [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":5633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[165],"tags":[501],"class_list":["post-5632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-packaging-news","tag-packaging-containers-and-components"],"_links":{"self":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/5632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5632"}],"version-history":[{"count":0,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/posts\/5632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=\/wp\/v2\/media\/5633"}],"wp:attachment":[{"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.packagingindustrynews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}