Ardagh Metal Packaging S.A. - AMBP STOCK NEWS

Ardagh Metal Packaging S.A. (NYSE: AMBP) is set to participate in the Citi 2022 Basic Materials Conference on November 30, 2022, at 3:30 p.m. ET, in New York. Interested parties can listen to the presentation via a live webcast, with a replay available on their investors page. The company, a leader in sustainable metal beverage packaging, operates 24 facilities across the Americas and Europe, employing over 5,000 people, and achieved revenues of $4.1 billion in 2021.

Ardagh Metal Packaging S.A. (NYSE: AMBP) has declared a cash dividend of $0.10 per common share for the fourth quarter. The dividend is scheduled for payment on November 28, 2022, to shareholders on record as of November 14, 2022. This decision reflects the company's ongoing commitment to return value to shareholders, following sales of $4.1 billion in 2021. Ardagh is recognized for its sustainable metal beverage cans and has a strong footprint across Europe and the Americas.

Ardagh Metal Packaging S.A. (NYSE: AMBP) reported a 13% revenue increase to $1,173 million for Q3 2022, with profit rising to $68 million from a loss of $178 million a year prior. Despite a 9% growth in global beverage can shipments, demand fell short of expectations, impacting earnings significantly. Adjusted EBITDA decreased by 20% to $140 million, mainly due to input cost pressures. The company anticipates continued challenging conditions into early 2023 while managing costs and capacity. A quarterly dividend of $0.10 was announced, maintaining a sustainable annual payout of $0.40 per share.

Ardagh Metal Packaging S.A. (NYSE: AMBP) has announced a third quarter cash dividend of $0.10 per common share, payable on October 27, 2022. Shareholders on record as of October 13, 2022 will be eligible for this dividend. The company is a top global provider of sustainable metal beverage cans, boasting $4.1 billion in sales for 2021 and operating 24 facilities across nine countries with nearly 5,800 employees.

Ardagh Metal Packaging (AMBP) has received approval from the Science Based Targets initiative (SBTi) for its greenhouse gas (GHG) emission reduction targets. The company aims to reduce absolute scope 1 and 2 GHG emissions by 42% and scope 3 emissions by 12.3% by 2030, aligning with the Paris Climate Agreement. This milestone highlights AMBP's dedication to sustainability and enhancing its customers' environmental efforts. The company operates 24 facilities worldwide, employing over 5,000 people and generating approximately $4.1 billion in sales.

Ardagh Metal Packaging S.A. (NYSE: AMBP) reported Q2 2022 results, showing a 31% revenue increase to $1,303 million, driven by higher input cost pass-through and strong volume growth. Adjusted EBITDA rose 5% to $181 million, with a notable performance in the Americas, where revenue surged 46% to $770 million. However, Europe's EBITDA fell by 28% due to inflationary pressures. The company maintains a strong liquidity position with $761 million total liquidity and plans for ongoing capacity expansion, despite challenges from energy costs and foreign exchange impacts.

Ardagh Metal Packaging (AMP) has priced a $600 million offering of 6% Senior Secured Green Notes due 2027, issued at par. The proceeds will support general corporate purposes and fund multi-year Business Growth Investments, specifically allocated for Eligible Green Projects in line with AMP's Green Financing Framework. AMP, a leading global supplier of sustainable metal beverage cans, reported $4.1 billion in sales for 2021 and operates 24 production facilities across nine countries.

Ardagh Metal Packaging S.A. (NYSE: AMBP) has announced a second-quarter cash dividend of $0.10 per ordinary share, payable on June 28, 2022, to shareholders of record on June 14, 2022. This follows a first-quarter dividend of $0.10 per share, resulting in a total payment of $0.20 on the same date. AMP plans to continue paying a quarterly dividend of $0.10 per share, indicating a projected annual dividend of $0.40 per share, equating to approximately $240 million in total cash dividends.

Ardagh Metal Packaging (NYSE: AMBP) reported a strong Q1 2022, with revenue increasing by 21% to $1,137 million, compared to $939 million in Q1 2021. Profit for the period was $57 million, a significant turnaround from a $74 million loss last year. Adjusted EBITDA was $145 million, reflecting a 1% growth at constant currency. Demand remains robust, particularly in the Americas, while European operations faced challenges due to inflation. The company plans to ramp up production capacity and maintain liquidity at $450 million.