Overview

* Ardagh Q3 revenue grows 9% yr/yr, beating analyst expectations

* Adjusted EPS for Q3 beats estimates, reaching $0.08

* Adjusted EBITDA rises 6% to $208 mln, exceeding analyst expectations

Outlook

* Ardagh raises 2025 Adjusted EBITDA guidance to $720-$735 mln

* Company expects full-year shipments growth of around 3%

* Adjusted Free Cash Flow for 2025 expected to be at least $150 mln

Result Drivers

* SHIPMENTS GROWTH - Co attributes Q3 Adjusted EBITDA growth to increased shipments in Europe and North America

* COST MANAGEMENT - Lower operational and overhead costs contributed to increased profitability in Q3

* REGIONAL CHALLENGES - Decline in shipments in the Americas, notably Brazil, due to weak consumer backdrop

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $1.43 $1.39

Revenue bln bln (6

Analysts

)

Q3 Beat $0.08 $0.07 (6

Adjusted Analysts

EPS )

Q3 EPS $0.04

Q3 Net $27 mln

Income

Q3 Beat $208 mln $202.20

Adjusted mln (6

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

* Wall Street's median 12-month price target for Ardagh Metal Packaging SA ( AMBP ) is $4.00, about 6.3% above its October 21 closing price of $3.75

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)