Ardagh Group
Menu

Ardagh Group S.A. – First Quarter 2019 Results

Ardagh Group S.A. (NYSE: ARD) today announced its results for the first quarter ended March 31, 2019.

Highlights

Paul Coulson, Chairman and Chief Executive, said “Our first quarter performance was good, with growth in volumes, earnings and cash generation. Demand for our sustainable packaging solutions is generally strong and we grew volume in both our Americas and European metal packaging divisions notably in beverage cans, as well as in glass packaging in Europe.”

  • Revenue of $2,220 million increased by 4% on a constant currency basis;
  • Adjusted EBITDA of $363 million, increased by 9% at constant currency and by 4% at actual exchange rates;
  • Adjusted earnings per share growth of 6% to $0.35 (2018: $0.33);
  • Earnings per share of $0.06 (2018: loss per share: $0.06);
  • Group volume/mix growth of 2% for the quarter;
  • Metal Packaging growth led by global beverage can volume growth of 6%, with food & specialty modestly ahead in Europe;
  • Glass Packaging Europe delivered further growth, with a moderating decline in Glass Packaging North America;
  • Capital expenditure of $194 million, enhanced by spending on short payback projects;
  • Full year 2019 outlook unchanged, with second quarter 2019 Adjusted EBITDA of $390-$400 million.


1 For a reconciliation to the most comparable GAAP measures, see page 10.
2 Payable on May 31, 2019 to shareholders of record on May 17, 2019.

Click here to see the full Ardagh Group S.A. Earnings Release Q1 2019

Metal Food & Specialty to form Trivium Packaging

Food & Specialty Metal Packaging to Combine with Exal to form Trivium Packaging (“Trivium”)

Luxembourg (July 15, 2019) – Ardagh Group (“Ardagh”) announces today that it has entered into an agreement to combine its Food & Specialty Metal Packaging business (“Food & S...

15 Jul 2019

Oliver Winery supplied by Ardagh

Oliver Winery Announces Agreement with Ardagh Group

Ardagh Group, Glass – North America, a division of Ardagh Group and the largest domestic manufacturer of glass bottles for the U.S. wine market, announced a long-term supply agreement with...

11 Jul 2019

Fizzy coffee in a can

Fizzy coffee in a can

With the help of Ardagh Group’s sustainable beverage cans, Cafeahaus AG has launched Goldbrew, the ready-to-drink (RTD), cold-brewed coffee range in cans in the German market. Their flavou...

8 Jul 2019

New 187ml wine can is Europe first

Tailor-made 187ml wine can is Europe first

In a Europe first for beverage packaging, Ardagh Group is introducing a new slimline 187ml can specifically designed to present and protect wine and wine-based drinks. With its special desig...

1 Jul 2019