Company Description
Ardagh Metal Packaging S.A. (NYSE: AMBP) is a metal can manufacturing company focused on the production of beverage cans. According to company disclosures, Ardagh Metal Packaging ("AMP") describes itself as a leading global supplier of sustainable and infinitely recyclable metal beverage cans to brand owners globally. AMP is an operating business of Ardagh Group, a sustainable packaging group that supplies both metal and glass packaging.
The company reports that it is a significant industry participant across Europe and the Americas, with a presence in Europe, North America and Brazil. AMP operates 23 metal beverage can production facilities in nine countries, employing more than 6,000 people. Company materials state that AMP generated sales of approximately $4.9 billion in 2024. Its activities place it within the manufacturing sector, specifically in the metal can manufacturing and beverage packaging industry.
Business focus and products
AMP’s business is centered on the manufacture and supply of metal beverage cans. In its public description, the broader Ardagh Metal Packaging business and Ardagh Group highlight that these cans are used by brand owners for a range of beverage categories. The Polygon description notes that the company deals with multiple categories of products including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters and wine. These applications position AMP within the beverage value chain as a packaging supplier.
Across its footprint in Europe and the Americas, AMP reports that it serves beverage brand owners that use metal cans as part of their packaging mix. The company emphasizes the infinitely recyclable nature of metal beverage cans and describes its offering as sustainable packaging for global brand owners.
Geographic segments and operations
AMP reports its business through two main geographic segments: Europe and the Americas. In its quarterly financial disclosures, the company presents revenue and Adjusted EBITDA for these segments, with additional discussion of performance in North America and Brazil within the Americas segment.
In its recent financial updates, AMP has discussed shipment trends and performance drivers in each region. For example, in its second and third quarter 2025 results, the company highlighted global beverage can shipment growth, with growth in Europe and North America and more challenging conditions in Brazil at certain times. These disclosures illustrate how regional demand, input costs and volume/mix effects influence the company’s reported results.
Relationship with Ardagh Group
Ardagh Metal Packaging is described as an operating business of Ardagh Group. Ardagh Group S.A. is a global supplier of sustainable, infinitely recyclable metal and glass packaging for brand owners around the world, operating 58 metal and glass production facilities in 16 countries. Company announcements state that Ardagh Group benefits from a leading market position in all geographies where it operates.
Ardagh Group is the controlling shareholder of AMP and indirectly owns a majority of the company’s outstanding ordinary shares and all of its outstanding preferred shares. Public communications from July and October 2025 explain that Ardagh Group has undertaken a comprehensive recapitalization transaction involving its senior secured notes, senior unsecured notes and PIK notes. These announcements specify that this recapitalization has no impact on the listing of Ardagh Metal Packaging S.A.’s shares or the capital structure of AMP, and that AMP remains a subsidiary of Ardagh Group.
Capital markets and listing
Ardagh Metal Packaging S.A. states that its ordinary shares trade on the New York Stock Exchange under the ticker symbol "AMBP". In a Form 6-K filed in November 2025, the company reported that the NYSE notified it of an intention to commence delisting proceedings with respect to the company’s warrants, which trade under the ticker symbol "AMBP.WS", due to what the NYSE described as "abnormally low selling price" levels of the warrants. Trading of the warrants on the NYSE was halted, and the company indicated it did not intend to appeal this determination.
The same filing explains that the NYSE’s delisting action relates only to the warrants and "will not impact the listing of the Company’s ordinary shares, which will continue to trade on the NYSE under the ticker symbol 'AMBP'." A subsequent Form 25 filed by the NYSE in December 2025 concerns the removal from listing and/or registration of the warrants, each of which is exercisable for one share at an exercise price of $11.50 per share, and does not refer to the delisting of the ordinary shares.
Financial reporting and performance themes
AMP provides regular financial updates through quarterly press releases and Form 6-K filings. These communications include revenue, profit for the period, Adjusted EBITDA, earnings per share and dividend information, as well as commentary on shipment volumes and regional performance.
In its 2025 quarterly results, the company discussed:
- Global beverage can shipment growth, with growth in the Americas and Europe.
- Changes in Adjusted EBITDA driven by volume/mix effects, operational and overhead costs, and input cost recovery.
- Liquidity measures, including total liquidity and net debt to Adjusted EBITDA ratios.
- Capital expenditure levels and the proportion of capex relating to growth investment.
- Regular quarterly ordinary dividends per share.
These disclosures provide investors with insight into how AMP’s metal can manufacturing operations translate into financial performance across its two segments.
Sustainability and recyclable packaging
Both AMP and its parent Ardagh Group highlight sustainability and recyclability in their descriptions. AMP refers to its metal beverage cans as sustainable and infinitely recyclable. Ardagh Group describes itself as a global supplier of sustainable, infinitely recyclable metal and glass packaging.
In its third quarter 2025 results release, AMP noted the publication of a sustainability report and highlighted progress towards certain emissions targets, including reductions in scope 1, 2 and 3 emissions relative to a baseline year. These disclosures indicate that environmental performance and emissions reduction form part of the company’s reported priorities.
Dividends and shareholder returns
AMP has announced quarterly interim dividends on its ordinary shares through press releases furnished on Form 6-K. For example, in October 2025 the company reported that its board of directors approved a quarterly interim dividend per ordinary share, with details of payment and record dates. The company has also discussed its capital allocation priorities in the context of earnings releases, referencing the continuation of regular quarterly ordinary dividends.
Use of non-IFRS measures
AMP’s earnings releases and Form 6-K filings explain that the company uses certain non-IFRS financial measures, including Adjusted EBITDA, Adjusted operating cash flow, Adjusted free cash flow and net debt. The company notes that these measures are not calculated in accordance with IFRS Accounting Standards, may differ from similarly titled measures used by other companies, and should be considered in addition to, but not as substitutes for, IFRS measures.
Status and corporate developments
Based on the provided filings and news, AMP continues to operate as a metal beverage can manufacturer and as a subsidiary of Ardagh Group. The comprehensive recapitalization transaction described in Ardagh Group’s announcements relates to Ardagh Group’s capital structure and ownership, and company statements specify that this transaction does not change the listing or capital structure of Ardagh Metal Packaging S.A.
The NYSE’s actions described in late 2025 relate to the delisting of the company’s warrants, not its ordinary shares. The company has stated that its ordinary shares remain listed on the NYSE under the symbol AMBP.
FAQs about Ardagh Metal Packaging S.A. (AMBP)
Stock Performance
Ardagh Metal Packaging Sa (AMBP) stock last traded at $4.03, up 0.50% from the previous close. Over the past 12 months, the stock has gained 35.7%, ranking #398 in 52-week price change. At a market capitalization of $2.4B, AMBP is classified as a mid-cap stock with approximately 597.7M shares outstanding.
Latest News
Ardagh Metal Packaging Sa has 10 recent news articles. Of the recent coverage, 8 articles coincided with positive price movement and 2 with negative movement. Key topics include dividends, earnings, conferences. View all AMBP news →
SEC Filings
Ardagh Metal Packaging Sa has filed 5 recent SEC filings, including 5 Form 3. The most recent filing was submitted on March 18, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all AMBP SEC filings →
Financial Highlights
Ardagh Metal Packaging Sa generated $5.5B in revenue over the trailing twelve months, and net income was $11.0M, reflecting a 0.2% net profit margin. The company generated $449.0M in operating cash flow. With a current ratio of 1.06, the company maintains adequate short-term liquidity.
Upcoming Events
Dividend payable
Ardagh Metal Packaging Sa has 1 upcoming scheduled event. The next event, "Dividend payable", is scheduled for March 26, 2026 (in 6 days). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the AMBP stock price.
Short Interest History
Short interest in Ardagh Metal Packaging Sa (AMBP) currently stands at 3.9 million shares, up 20.8% from the previous reporting period, representing 2.9% of the float. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Ardagh Metal Packaging Sa (AMBP) currently stands at 3.9 days. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 28% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 4.3 days.
AMBP Company Profile & Sector Positioning
Ardagh Metal Packaging Sa (AMBP) operates in the Packaging & Containers industry within the broader Consumer Cyclical sector and is listed on the NYSE. Among dividend-paying stocks, AMBP ranks #157 by dividend yield. In monthly performance, the stock ranks #1,900 among all tracked companies.
Investors comparing AMBP often look at related companies in the same sector, including O-I Glass Inc (OI), Greif (GEF), Sonoco Prod (SON), Silgan Holdings Inc (SLGN), and Sealed Air Cp (SEE). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate AMBP's relative position within its industry.