Ardagh Metal Packaging S.A. - First Quarter 2026 Results

Rhea-AI Summary

Ardagh Metal Packaging (NYSE: AMBP) reported Q1 2026 results for the quarter ended March 31, 2026. Revenue was $1,504 million, up 19% reported (13% constant currency). Adjusted EBITDA was $179 million, up 15% reported (11% cc). Liquidity was $488 million and an asset-based lending facility was upsized to $450 million, maturing January 2031.

The company reaffirmed full-year Adjusted EBITDA guidance of $750–775 million, announced a regular quarterly dividend of $0.10 per share, and disclosed a US jury verdict awarding approximately $175 million in damages to the Group (April 6, 2026).

Positive

• Revenue $1,504 million (+19% reported, +13% constant currency)
• Adjusted EBITDA $179 million (+15% reported, +11% constant currency)
• Europe Adjusted EBITDA +53% to $75 million (+36% cc)
• Strong liquidity of $488 million and ABL upsized to $450 million (maturity Jan 2031)
• Full-year Adjusted EBITDA guidance reaffirmed at $750–775 million

Negative

• Americas Adjusted EBITDA down 2% to $104 million due to aluminum supply disruptions
• Global beverage can shipments declined 1% year-over-year; North America down 5%
• Higher operational and overhead costs partly offset input cost recovery gains

News Market Reaction – AMBP

+2.34%

4 alerts

+2.34% News Effect

+3.4% Peak Tracked

+$53M Valuation Impact

$2.30B Market Cap

2.31K Volume

On the day this news was published, AMBP gained 2.34%, reflecting a moderate positive market reaction. Argus tracked a peak move of +3.4% during that session. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $53M to the company's valuation, bringing the market cap to $2.30B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q1 2026 revenue: $1,504 million Q1 2025 revenue: $1,268 million Q1 2026 Adjusted EBITDA: $179 million +5 more

8 metrics

Q1 2026 revenue $1,504 million Three months ended March 31, 2026; +19% reported, +13% constant currency vs 2025

Q1 2025 revenue $1,268 million Three months ended March 31, 2025 prior‑year comparison

Q1 2026 Adjusted EBITDA $179 million Quarter ended March 31, 2026; +15% reported, +11% constant currency vs 2025

Q1 2025 Adjusted EBITDA $155 million Quarter ended March 31, 2025 prior‑year comparison

Adjusted EPS $0.05 Three months ended March 31, 2026 vs $0.02 in prior‑year quarter

Loss per share ($0.01) Three months ended March 31, 2026 vs ($0.02) prior‑year quarter

Liquidity $488 million Total liquidity position at March 31, 2026

2026 Adjusted EBITDA guidance $750–775 million Full‑year 2026 Adjusted EBITDA guidance reaffirmed

Market Reality Check

Price: $3.98 Vol: Volume 1,339,893 shares i...

normal vol

$3.98 Last Close

Volume Volume 1,339,893 shares is 1.08x the 20-day average of 1,241,709. normal

Technical Price $3.85 trades below the 200-day MA at $4.06, nearer the 52-week low than high.

Peers on Argus

AMBP was down 2.28% pre-release. Key packaging peers also traded lower: OI -1.79...

AMBP was down 2.28% pre-release. Key packaging peers also traded lower: OI -1.79%, GEF -2.51%, SLGN -3.57%, and SON -9.88%, while SEE was flat. No peers appeared in the momentum scanner, suggesting pressure but not a coordinated sector momentum event.

Previous Earnings Reports

5 past events · Latest: Feb 26 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 26	Q4/FY 2025 earnings	Positive	+0.7%	Q4 and full‑year 2025 growth, strong cash flow, and 2026 EBITDA guidance.
Nov 25	Q3 2025 interim report	Neutral	+0.8%	Publication of Q3 2025 interim financial report and details on investor webcast.
Oct 23	Q3 2025 earnings	Positive	+7.8%	Q3 revenue and EBITDA growth with raised full‑year guidance and deleveraging.
Jul 24	Q2 2025 earnings	Positive	-16.4%	Strong Q2 revenue and EBITDA growth plus upgraded 2025 guidance and lower leverage.
Apr 24	Q1 2025 earnings	Positive	+30.4%	Q1 shipment and EBITDA growth with upgraded 2025 guidance and solid liquidity.

Pattern Detected

Earnings releases have generally seen positive price reactions, with one notable negative outlier despite strong fundamentals.

Recent Company History

Over the past year, AMBP’s earnings updates have highlighted steady revenue and Adjusted EBITDA growth, periodic guidance upgrades, and solid liquidity. Events on Apr 24, 2025, Jul 24, 2025, Oct 23, 2025, Nov 25, 2025, and Feb 26, 2026 all focused on quarterly or annual results and outlook. Most drew positive price reactions, except Q2 2025, which saw a sharp selloff despite strong reported performance.

Historical Comparison

+4.7% avg move · In the last five earnings releases, AMBP’s average move was about 4.66%, with mostly positive reacti...

earnings

+4.7%

Average Historical Move earnings

In the last five earnings releases, AMBP’s average move was about 4.66%, with mostly positive reactions but one sharp selloff despite strong results, underscoring occasionally inconsistent trading responses to solid fundamentals.

Earnings releases from Q1 2025 through Q4/FY 2025 show rising revenue, growing Adjusted EBITDA, and periodic upgrades to guidance, alongside improving leverage and maintained dividends, framing this Q1 2026 report as part of an ongoing earnings growth narrative.

Market Pulse Summary

This announcement reports Q1 2026 revenue of $1,504 million and Adjusted EBITDA of $179 million, bot...

Analysis

This announcement reports Q1 2026 revenue of $1,504 million and Adjusted EBITDA of $179 million, both up strongly year over year and above prior guidance. Management reaffirmed full‑year Adjusted EBITDA guidance of $750–775 million, highlighted $488 million in liquidity, and kept the $0.10 quarterly dividend. Investors may focus on aluminum supply disruptions, higher input costs, and how Europe’s strength offsets North American challenges in coming quarters.

Key Terms

adjusted ebitda, constant currency, ifrs 15, asset-based lending facility

4 terms

adjusted ebitda financial

"with Adjusted EBITDA growth of 15% versus the prior year"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

constant currency financial

"represented a 15% increase (+11% at constant currency) versus the prior year"

Constant currency is a way of measuring financial results that removes the effects of changes in currency exchange rates. It allows for a clearer comparison of a company's performance over time by showing what the numbers would look like if exchange rates had stayed the same. This helps investors understand whether growth comes from actual business improvements or just currency fluctuations.

ifrs 15 regulatory

"favorable volume/mix effects (including the impact of IFRS 15 contract asset)"

IFRS 15 is an international accounting rule that tells companies when and how to record revenue from contracts with customers, covering sales, services, subscriptions and multi-part deals. It matters to investors because it determines the timing and amount of revenue shown in financial reports, affecting profit figures, comparisons between companies, and valuation models — think of it like rules for deciding when to count partial payments for a long project as income.

asset-based lending facility financial

"completed the refinancing of the asset-based lending facility, which was upsized"

A lending arrangement where a company borrows money using specific assets—such as unpaid customer invoices, inventory, or equipment—as collateral, similar to using items at a pawn shop to get a short-term loan. Investors care because it alters a company’s cash flow and risk profile: it can provide quick working capital but increases secured obligations and can affect lenders’ priority if the business runs into financial trouble. The terms and size of the facility also influence borrowing costs and financial flexibility.

AI-generated analysis. Not financial advice.

LUXEMBOURG, April 23, 2026 /PRNewswire. -- Ardagh Metal Packaging S.A. (NYSE: AMBP) today announced results for the first quarter ended March 31, 2026.

		March 31, 2026		March 31, 2025		Change		Constant Currency
		($'m except per share data)
Revenue		1,504		1,268		19 %		13 %
Loss for the period		(5)		(5)
Adjusted EBITDA (1)		179		155		15 %		11 %
Loss per share		(0.01)		(0.02)
Adjusted earnings per share (1)		0.05		0.02
Dividend per ordinary share		0.10		0.10

Oliver Graham, CEO of Ardagh Metal Packaging (AMP), said:

"We are pleased to report strong first quarter results for AMP, with Adjusted EBITDA growth of 15% versus the prior year, significantly ahead of our guidance and demonstrating the resilience of our business. Beverage can sales declined by 1% versus the prior year quarter, in line with our expectations, as we cycled strong prior year growth (+6%) and due to the impact of contract resets in North America.

Our Adjusted EBITDA outperformance in the quarter was driven by Europe, which benefitted from strong input cost recovery and favorable volume/mix. Performance in the Americas was broadly in line with expectations. Brazil delivered strong results driven by above-market volume growth, which was offset by the impact of a more challenging operating environment in North America, where we experienced higher costs associated with aluminum supply chain disruptions, which we expect to continue into Q2.

We reaffirm our full year Adjusted EBITDA guidance for 2026 despite macro-economic and geopolitical uncertainty - and the associated increases in certain input costs - and we continue to anticipate moderate global shipments growth. AMP's guidance is supported by our first quarter outperformance, our robust contractual cost pass-through mechanisms, energy hedging arrangements, and volume outlook, all of which help mitigate the potential impact of higher commodity prices."

• Global beverage can shipments declined by 1% in the quarter versus the prior year quarter, which was driven by a decline of 2% in the Americas – a decline in North America of 5% offsetting growth of 14% in Brazil – and a decline of 1% in Europe.
• Adjusted EBITDA of $179 million for the quarter was ahead of our guidance range of $160–170 million, driven by a strong outperformance in Europe, and represented a 15% increase (+11% at constant currency) versus the prior year quarter.
• In the Americas Adjusted EBITDA for the quarter decreased by 2% to $104 million due to supply chain disruptions - reflecting adverse weather and expected disruption to aluminum supply - driving higher operations and overhead costs, and lower input cost recovery, partly offset by favorable volume/mix effects.
• In Europe Adjusted EBITDA for the quarter increased by 53% (+36% at constant currency) to $75 million, due to stronger input cost recovery, currency movements and favorable volume/mix, partly offset by higher operational and overhead costs.
• Strong total liquidity position of $488 million at March 31, 2026. In the quarter AMP completed the refinancing of the asset-based lending facility, which was upsized to $450 million and its maturity date extended to January 2031.
• On April 6, 2026, a court in the United States District Court for the Northern District of Illinois entered a jury verdict in connection with a lawsuit filed against Boston Beer in 2022 for breach of contract in respect of minimum volume purchase requirements, awarding damages of approximately $175 million, plus pre-judgment interest if assessed, to the Group, subject to any post-trial motions.
• Regular quarterly ordinary dividend of 10c announced. No change to capital allocation priorities.
• 2026 Adjusted EBITDA guidance unchanged: Full year 2026 Adjusted EBITDA in the range of $750–775 million and modest global shipments growth. Adjusted EBITDA growth driven by favorable volume/mix, operating cost improvements and currency effects.
• Second quarter Adjusted EBITDA expected to be in the range of $210-220 million. This compares with Q2 2025 Adjusted EBITDA of $210 million ($212 million at constant currency) and takes into account strong prior year shipments growth of 5%.

Financial Performance Review
Bridge of 2025 to 2026 Revenue and Adjusted EBITDA
Three months ended March 31, 2026
Revenue		Europe		Americas		Group
		$'m		$'m		$'m
Revenue 2025		528		740		1,268
Organic		32		139		171
FX translation		65		—		65
Revenue 2026		625		879		1,504
Adjusted EBITDA		Europe		Americas		Group
		$'m		$'m		$'m
Adjusted EBITDA 2025		49		106		155
Organic		20		(2)		18
FX translation		6		—		6
Adjusted EBITDA 2026		75		104		179
2026 Adjusted EBITDA margin %		12.0 %		11.8 %		11.9 %
2025 Adjusted EBITDA margin %		9.3 %		14.3 %		12.2 %

Group Performance

Group

Revenue of $1,504 million in the three months ended March 31, 2026 increased by $236 million, or 19%, compared with $1,268 million in the same period last year. On a constant currency basis, revenue increased by 13%, mainly reflecting the pass through to customers of higher input costs and favorable volume/mix effects.

Adjusted EBITDA increased by $24 million, or 15%, to $179 million in the three months ended March 31, 2026, compared with $155 million in the same period last year. On a constant currency basis, Adjusted EBITDA increased by 11%, principally due to favorable volume/mix effects and higher input cost recovery, partly offset by higher operational and overhead costs.

Americas

Revenue increased by $139 million, or 19%, on a reported and constant currency basis, to $879 million in the three months ended March 31, 2026, compared with $740 million in the same period last year, principally reflecting the pass through of higher input costs to customers and favorable volume/mix effects.

Adjusted EBITDA decreased by $2 million, or 2%, to $104 million on a reported and constant currency basis, compared with $106 million in the same period last year. The decrease in Adjusted EBITDA was primarily driven by higher operations and overhead costs and lower input cost recovery, partly offset by favorable volume/mix effects.

Europe

Revenue increased by $97 million, or 18%, to $625 million in the three months ended March 31, 2026, compared with $528 million in the same period last year. On a constant currency basis, revenue increased by 5% principally due to favorable volume/mix effects (including the impact of IFRS 15 contract asset).

Adjusted EBITDA increased by $26 million, or 53%, to $75 million compared with $49 million in the same period last year. On a constant currency basis, Adjusted EBITDA increased by 36% principally due to higher input cost recovery and favorable volume/mix effects (including the impact of IFRS 15 contract asset), partly offset by higher operations and overhead costs.

Earnings Webcast and Conference Call Details

Ardagh Metal Packaging S.A. (NYSE: AMBP) will hold its first quarter 2026 earnings webcast and conference call for investors at 8.00 a.m. EDT (1.00 p.m. BST) on Thursday April 23, 2026. Please use the following webcast link to register for this call:

Webcast registration and access:

https://event.webcasts.com/starthere.jsp?ei=1756471&tp_key=9304d31a1f

Conference call dial in:

United States/Canada: +1 646 769-9200
International: +44 (0)20 7769-6464
Participant pin code: 9506100

An investor earnings presentation to accompany this release is available at https://www.ardaghmetalpackaging.com/investors.

About Ardagh Metal Packaging
Ardagh Metal Packaging (AMP) is a leading global supplier of sustainable and infinitely recyclable metal beverage cans to brand owners globally. An operating business of sustainable packaging business Ardagh Group, AMP is a leading industry player across Europe and the Americas with innovative production capabilities. AMP operates 23 production facilities in nine countries, employing approximately 6,500 people with sales of approximately $5.5 billion in 2025.

For more information, visit https://www.ardaghmetalpackaging.com/investors.

Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts and are inherently subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this release. Certain factors that could cause actual events to differ materially from those discussed in any forward-looking statements include the risk factors described in Ardagh Metal Packaging S.A.'s Annual Report on Form 20-F for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission (the "SEC") and any other public filings made by Ardagh Metal Packaging S.A. with the SEC. In addition, new risk factors and uncertainties emerge from time to time, and it is not possible for us to predict all risk factors and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual events to differ materially from those contained in any forward-looking statements. Under no circumstances should the inclusion of such forward-looking statements in this release be regarded as a representation or warranty by us or any other person with respect to the achievement of results set out in such statements or that the underlying assumptions used will in fact be the case. Therefore, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking information presented herein is made only as of the date of this release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise. This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014. The person responsible for the release of this information on behalf of Ardagh Metal Packaging Finance plc and Ardagh Metal Packaging Finance USA LLC is Stephen Lyons, Investor Relations Director.

Non-IFRS Financial Measures
This release may contain certain financial measures such as Adjusted EBITDA, Adjusted operating cash flow, Adjusted free cash flow, net debt and ratios relating thereto that are not calculated in accordance with IFRS^® Accounting Standards. Non-IFRS financial measures may be considered in addition to IFRS financial information, but should not be used as substitutes for the corresponding IFRS measures. The non-IFRS financial measures used by Ardagh Metal Packaging S.A. may differ from, and not be comparable to, similarly titled measures used by other companies.

Contacts:
Investors:
Email: stephen.lyons@ardaghgroup.com

Media:
Pat Walsh, Murray Consultants
Tel.: +353 1 498 0300 / +353 87 2269345
Email: pwalsh@murraygroup.ie

Unaudited Consolidated Condensed Income Statement for the three months ended March 31, 2026 and 2025
		Three months ended March 31, 2026						Three months ended March 31, 2025
		Before exceptional items		Exceptional items		Total		Before exceptional items		Exceptional items		Total
		$'m		$'m		$'m		$'m		$'m		$'m
Revenue		1,504		—		1,504		1,268		—		1,268
Cost of sales		(1,325)		(1)		(1,326)		(1,116)		(2)		(1,118)
Gross profit		179		(1)		178		152		(2)		150
Sales, general and administration expenses		(83)		(3)		(86)		(75)		(1)		(76)
Intangible amortization		(36)		—		(36)		(33)		—		(33)
Operating profit		60		(4)		56		44		(3)		41
Net finance expense		(57)		(3)		(60)		(56)		6		(50)
Loss before tax		3		(7)		(4)		(12)		3		(9)
Income tax (charge)/credit		(1)		—		(1)		4		—		4
Loss for the period		2		(7)		(5)		(8)		3		(5)
Loss per share:
Basic and diluted loss per share						(0.01)						(0.02)

Unaudited Consolidated Condensed Statement of Financial Position
	At March 31, 2026		At December 31, 2025
	$'m		$'m
Non-current assets
Intangible assets	1,137		1,181
Property, plant and equipment	2,469		2,515
Other non-current assets	152		143
	3,758		3,839
Current assets
Inventories	490		509
Trade and other receivables	626		467
Contract assets	304		267
Income tax receivable	29		34
Derivative financial instruments	75		41
Cash, cash equivalents and restricted cash	142		522
	1,666		1,840
TOTAL ASSETS	5,424		5,679
TOTAL EQUITY	(690)		(675)
Non-current liabilities
Borrowings including lease obligations	4,239		4,301
Other non-current liabilities	296		324
	4,535		4,625
Current liabilities
Borrowings including lease obligations	241		118
Payables and other current liabilities*	1,338		1,611
	1,579		1,729
TOTAL LIABILITIES	6,114		6,354
TOTAL EQUITY and LIABILITIES	5,424		5,679

* Payables and other current liabilities includes liabilities for earnout shares of $6 million at March 31, 2026 (December 31, 2025: $3 million, included in other non-current liabilities).

Unaudited Consolidated Condensed Statement of Cash Flows
		Three months ended March 31,
		2026		2025
		$'m		$'m
Cash flows used in operating activities
Cash used in operations (2)		(325)		(276)
Net interest paid		(11)		(17)
Settlement of foreign currency derivative financial instruments		(7)		(7)
Income tax paid		(3)		(10)
Cash flows used in operating activities		(346)		(310)
Cash flows used in investing activities
Net capital expenditure		(59)		(39)
Cash flows used in investing activities		(59)		(39)
Cash flows received from/(used in) financing activities
Changes in borrowings		138		(2)
Deferred debt issue costs paid		(8)		(1)
Lease payments		(45)		(25)
Dividends paid		(60)		(66)
Net cash received from/(used in) financing activities		25		(94)
Net decrease in cash, cash equivalents and restricted cash		(380)		(443)
Cash, cash equivalents and restricted cash at beginning of period		522		610
Exchange gains on cash, cash equivalents and restricted cash		–		10
Cash, cash equivalents and restricted cash at end of period		142		177

Financial assets and liabilities
At March 31, 2026, the Group's net debt and available liquidity was as follows:
		Drawn amount		Available liquidity
		$'m		$'m
Senior Secured Green and Senior Green Notes		4,018		—
Global Asset Based Loan Facility		140		250
Bradesco Facility		—		96
Lease obligations		333		—
Other borrowings		22		—
Total borrowings / undrawn facilities		4,513		346
Deferred debt issue costs		(33)		—
Net borrowings / undrawn facilities		4,480		346
Cash, cash equivalents and restricted cash		(142)		142
Derivative financial instruments used to hedge foreign currency and interest rate risk		(6)		—
Net debt / available liquidity		4,332		488

Reconciliation of loss for the period to Adjusted profit
	Three months ended March 31,
	2026		2025
	$'m		$'m
Loss for the period as presented in the income statement	(5)		(5)
Less: Dividend on preferred shares	—		(6)
Loss for the period used in calculating earnings per share	(5)		(11)
Exceptional items, net of tax	7		(3)
Intangible amortization, net of tax	28		26
Adjusted profit for the period	30		12
Weighted average number of ordinary shares	597.7		597.7
Loss per share	(0.01)		(0.02)
Adjusted earnings per share	0.05		0.02

Reconciliation of loss for the period to Adjusted EBITDA
	Three months ended March 31,
	2026		2025
	$'m		$'m
Loss for the period	(5)		(5)
Income tax charge/(credit)	1		(4)
Net finance expense	60		50
Depreciation and amortization	119		111
Exceptional operating items	4		3
Adjusted EBITDA	179		155

Reconciliation of Adjusted EBITDA to Adjusted operating cash flow and Adjusted free cash flow
	Three months ended March 31,
	2026		2025
	$'m		$'m
Adjusted EBITDA	179		155
Movement in working capital	(498)		(428)
Maintenance capital expenditure	(37)		(24)
Lease payments	(45)		(25)
Exceptional restructuring costs	(1)		(1)
Adjusted operating cash flow	(402)		(323)
Interest paid	(11)		(17)
Settlement of foreign currency derivative financial instruments	(7)		(7)
Income tax paid	(3)		(10)
Adjusted free cash flow - pre Growth Investment capital expenditure	(423)		(357)
Growth investment capital expenditure	(22)		(15)
Adjusted free cash flow - post Growth Investment capital expenditure	(445)		(372)

____________________

Related Footnotes

(1) For a reconciliation to the most comparable IFRS measures, see Page 8.

(2) Cash used in operations for the three months ended March 31, 2026, is derived from the aggregate of Adjusted EBITDA as presented on Page 8, working capital outflows of $498 million and exceptional cash outflows of $6 million. Cash used in operations for the three months ended March 31, 2025, is derived from the aggregate of Adjusted EBITDA as presented on Page 8, working capital outflows of $428 million and exceptional cash outflows of $3 million.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ardagh-metal-packaging-sa--first-quarter-2026-results-302751631.html

SOURCE Ardagh Metal Packaging S.A.

FAQ

What were Ardagh Metal Packaging (AMBP) Q1 2026 revenue and Adjusted EBITDA figures?

Q1 2026 revenue was $1,504 million and Adjusted EBITDA was $179 million. According to the company, revenue rose 19% reported (13% cc) and Adjusted EBITDA rose 15% reported (11% cc) driven by input cost pass-through and favorable volume/mix.

How did AMBP perform by region in Q1 2026 for Adjusted EBITDA?

Europe Adjusted EBITDA increased to $75 million, a 53% rise; Americas was $104 million, down 2%. According to the company, Europe benefited from input cost recovery and volume/mix while Americas faced aluminum supply disruptions and higher costs.

What guidance did Ardagh Metal Packaging (AMBP) provide after Q1 2026 results?

The company reaffirmed full-year Adjusted EBITDA guidance of $750–775 million and expects modest global shipments growth. According to the company, the outlook reflects contractual cost pass-through, energy hedges, and Q1 outperformance.

Did AMBP announce any dividend or capital actions with the Q1 2026 results?

AMBP announced a regular quarterly ordinary dividend of $0.10 per share with no change to capital allocation priorities. According to the company, this follows its stated allocation policy and Q1 liquidity position.

What legal outcome did Ardagh Metal Packaging report on April 6, 2026?

A US jury in the Northern District of Illinois awarded the Group approximately $175 million in damages in a breach-of-contract case. According to the company, the award is subject to any post-trial motions and possible pre-judgment interest.