Ardagh Metal Packaging S A : Q1 2025 Presentation PDF
AMBP
Ardagh Metal Packaging S.A. First Quarter 2025 Update
April 24, 2025
Oliver Graham
CEO
Stefan Schellinger
CFO
Introduction
3
Ardagh Metal Packaging at a glance
NYSE: AMBP
Global beverage can manufacturer
Servicing leading brand owners
Benefitting from secular tailwinds
Revenue split by destination
Leading market positions
Cans are winning in the
10%
packaging mix
43%
#2
Europe*
$5bn
North America
#3
Q1 LTM
Brazil
#3
47%
Scaled, diversified, well-invested position
23 Production facilities across 9 countries
Approximately 6,300
Employees
*excluding Russia, where AMP has no presence
4
Majority owned by Ardagh Group
#2 glass container packaging company globally Structurally separate business
Free float
24%
76%
Approximate ownership of AMP
ordinary shares
Strong Q1 results, outperforming guidance
Full year Adjusted EBITDA guidance raised to $695-720 million
Global shipments growth of 6% in Q1
FY guidance raised due to outperformance and momentum
Resilient business model in the current macro environment
+6%
Q1 2025 global
shipments growth
+16%
Q1 2025
Adjusted EBITDA
growth
$155m
Q1 2025 Adjusted
EBITDA
5
Drivers of secular growth remain strong
Category
Pack
Sustainability/
growth
advantages
regulation
Traditional categories
New categories (e.g., health & wellness) and beverage can playing a leading role in product innovation
Convenience, efficiency
Plastics substitution
Imagery, quality, 'coolness'
Decarbonization roadmap
Regulatory changes
6
Key messages
7
Regional snapshots
AMP shipment growth of over 6% in Q1
+5% growth in Europe in Q1
Europe
+7% growth in the Americas in Q1
North America
South America
8
Globally the beverage can is winning
Growing share of the beverage packaging mix
Beverage can penetration rates* by region
Non-alcoholic drinks
Beverage cans as an overall % of
beverage packaging market
70% +130bps
Alcoholic drinks
Beverage cans as an overall % of
beverage packaging market
70%
+190bps
+150bps
60%
50%
40%
30%
20%
10%
+110bps +80bps
60%
+210bps
50%
40%
30%
20%
10%
0%
US
Brazil
Europe
2022 2023 2024
Source: NielsenIQ, Company analysis
0%
US
Brazil
Europe
2022 2023 2024
9
US Tariff Impact
Customers and supply chains are largely regional in nature
* Except in circumstances where customers contract for the metal directly themselves or where customers seek a fixed price, and we hedge the price and pass this on
10
Disclaimer
Ardagh Metal Packaging SA published this content on April 24, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 24, 2025 at 11:03 UTC.