Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
29 APRIL 2019 AL CIRCLE

Ardagh Group’s adjusted EBITDA up 4% in three-month period

EDITED BY : HEENA IQBAL 1MINS READ

Ardagh Group, a global supplier of infinitely recyclable, metal and glass packaging for the world’s leading brands, published results for the first quarter ended March 31, 2019. Revenue in the three-month period was broadly in line with the prior year. Revenue stood at $2,220 million.

On a constant currency basis, revenue up by 4% on increased volume/mix effects of 2% and the pass through of increased input costs.

{alcircleadd}

Paul Coulson, Chairman and Chief Executive, said: “Our first quarter performance was good, with growth in volumes, earnings and cash generation. Demand for our sustainable packaging solutions is generally strong and we grew volume in both our Americas and European metal packaging divisions notably in beverage cans, as well as in glass packaging in Europe.”

Adjusted EBITDA for the quarter stood at $363 million, up 4% at actual exchange rates, compared with the same period last year. Adjusted EBITDA rose by 9% on a constant currency basis, reflecting the impact of IFRS 16 of $23 million and a pension credit in Metal Packaging Europe.

Ardagh Group expects $390-$400 million of Adjusted EBITDA in in the second quarter of 2019.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : HEENA IQBAL 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.