- United States
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- Packaging
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- NYSE:AMBP
Ardagh Metal Packaging Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Ardagh Metal Packaging (NYSE:AMBP) Full Year 2024 Results
Key Financial Results
- Revenue: US$4.91b (up 2.0% from FY 2023).
- Net loss: US$3.00m (loss narrowed by 96% from FY 2023).
- US$0.05 loss per share (improved from US$0.12 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ardagh Metal Packaging Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) missed analyst estimates.
The primary driver behind last 12 months revenue was the Americas segment contributing a total revenue of US$2.75b (56% of total revenue). Notably, cost of sales worth US$4.26b amounted to 87% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$283.0m (44% of total expenses). Explore how AMBP's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Packaging industry in the US.
Performance of the American Packaging industry.
The company's shares are up 4.7% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Ardagh Metal Packaging (of which 2 are a bit unpleasant!) you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:AMBP
Ardagh Metal Packaging
Supplies consumer metal beverage cans in Europe, the United States, and Brazil.
Very undervalued with reasonable growth potential.