Company Overview - Ardagh Metal Packaging S.A. is part of the Industrial Products sector, which consists of 190 individual stocks and currently holds a Zacks Sector Rank of 9, indicating its relative strength among sectors [2] - The company is classified under the Metal Products - Procurement and Fabrication industry, which includes 9 companies and is ranked 77 in the Zacks Industry Rank [6] Performance Metrics - Year-to-date, Ardagh Metal Packaging S.A. has increased by approximately 28.9%, significantly outperforming the average gain of 0.4% in the Industrial Products group [4] - The Zacks Consensus Estimate for Ardagh's full-year earnings has risen by 1.7% over the past quarter, reflecting improved analyst sentiment and earnings outlook [4] Comparative Analysis - Another stock in the Industrial Products sector, Crown Holdings, has also shown strong performance with a year-to-date increase of 20.3% and a Zacks Rank of 2 (Buy) [5] - The Containers - Metal and Glass industry, where Crown Holdings operates, has gained 6.4% since the beginning of the year, ranking 30 among industries [7]

Core Viewpoint - Ardagh Metal Packaging S.A. (AMBP) is experiencing solid improvements in earnings estimates, which may lead to continued positive stock momentum [1][2]. Earnings Estimates - Analysts show growing optimism regarding Ardagh's earnings prospects, reflected in upward revisions of earnings estimates [2]. - The consensus earnings estimate for the current quarter is $0.07 per share, indicating a year-over-year increase of +16.67% [5]. - Over the past 30 days, the Zacks Consensus Estimate for the current quarter has risen by 40%, with two estimates moving higher and no negative revisions [5]. - For the full year, the expected earnings are $0.20 per share, representing a year-over-year change of +11.11% [6]. - The consensus estimate for the full year has increased by 13.21% due to three estimates moving higher and no negative revisions [6][7]. Zacks Rank - Ardagh Metal Packaging currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions and potential for outperformance [8]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [8]. Stock Performance - The shares of Ardagh Metal Packaging have increased by 23.9% over the past four weeks, suggesting strong investor confidence in its earnings growth prospects [9].

Group 1 - Ardagh Metal Packaging S.A. (AMBP) has outperformed the Industrial Products sector with a year-to-date return of approximately 25.6%, while the sector has returned an average of -8.9% [4] - The Zacks Rank for AMBP is currently 2 (Buy), indicating a positive earnings outlook with a 1.7% increase in the consensus estimate for full-year earnings over the past quarter [3] - AMBP belongs to the Metal Products - Procurement and Fabrication industry, which is ranked 42 in the Zacks Industry Rank, and has performed better than this group, which has lost about 5.2% year-to-date [6] Group 2 - The Industrial Products group includes 191 companies and is currently ranked 9 in the Zacks Sector Rank, which evaluates the average Zacks Rank of individual stocks within the sector [2] - Another stock in the Industrial Products sector, Esco Technologies (ESE), has a year-to-date return of 18.3% and a Zacks Rank of 1 (Strong Buy), with a consensus EPS estimate increase of 18.8% over the past three months [4][5] - The Manufacturing - Electronics industry, to which Esco Technologies belongs, is ranked 66 and has declined by -14.4% year-to-date [7]

Ardagh Metal Packaging S.A. (NYSE:AMBP) Q1 2025 Earnings Conference Call April 24, 2025 9:00 AM ET Company Participants Stephen Lyons - IR Oliver Graham - CEO Stefan Schellinger - CFO Conference Call Participants Anthony Pettinari - Citi Stefan Diaz - Morgan Stanley George Staphos - Bank of America Michael Roxland - Truist Securities Anojja Shah - UBS Gabe Hajde - Wells Fargo Securities Arun Viswanathan - RBC Capital Markets Operator Good day, and welcome to the Ardagh Metal Packaging S. A. Quarterly Result ...

Financial Data and Key Metrics Changes - The company reported a 6% growth in global shipments and a 16% increase in adjusted EBITDA compared to the previous year, exceeding initial guidance [5][19] - Adjusted EBITDA growth was driven by higher volumes and improved fixed cost absorption [5][19] - The liquidity position at the end of the quarter was $570 million, with a net leverage ratio of 5.5 times net debt over the last twelve months adjusted EBITDA, improved from 6.2 times in Q1 2024 [15][16] Business Line Data and Key Metrics Changes - In Europe, Q1 revenue increased by 10% to $528 million, or 14% on a constant currency basis, with shipments growing by 5% [10] - In the Americas, revenue rose by 12% to $740 million, with adjusted EBITDA increasing by 16% to $106 million due to favorable volume growth [11] - North American shipments increased by 8%, driven by strong demand for nonalcoholic beverages, particularly energy drinks [12] Market Data and Key Metrics Changes - The beverage can continues to gain market share in customers' packaging mix across all markets [6][19] - In Brazil, beverage can shipments increased by 4%, outperforming the industry, which grew modestly [13] - The company anticipates shipments growth in the Americas segment of low to mid single digits for 2025, an increase from previous guidance [13] Company Strategy and Development Direction - The company expects minimal impact from tariff measures due to the regional nature of its suppliers and customers [6][19] - There is a focus on customer innovation favoring beverage cans, which supports continued favorable shipment growth [7][19] - The company is targeting high-return projects to increase capacity and flexibility in Europe, reflecting the need for additional capacity to meet market growth [96][98] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business despite a dynamic macro environment, with expectations for continued favorable shipment growth [5][19] - The company upgraded its full-year guidance for shipments growth to 3% to 4% and adjusted EBITDA to a range of $695 million to $720 million [19][20] - Management remains cautious about the back half of the year due to potential macroeconomic volatility [80][92] Other Important Information - The company announced a quarterly ordinary dividend of $0.10 per share, with no changes to its capital allocation policy [17] - The company expects adjusted free cash flow for 2025 to be at least $150 million, with maintenance CapEx around $135 million [16][17] Q&A Session Summary Question: Trends in April and potential impacts from tariffs - Management noted no changes in April trends and attributed the guidance upgrade to continued sales momentum, particularly in North America [22][23] Question: Confidence in North American energy market recovery - Management expressed confidence in a broad-based recovery in the energy category, with strong growth from both traditional and innovative players [27][29] Question: Customer mix issues in Brazil - Management acknowledged volatility in Brazil but noted a strong performance in March, indicating a positive outlook despite caution [39][40] Question: Competitive landscape and contract renewals - Management indicated no material risks to volumes or margins from the competitive environment, with ongoing discussions about contract renewals progressing well [66][68] Question: Long-term growth outlook and beer category performance - Management remains optimistic about North American growth, suggesting potential recovery in the beer category if domestic brands regain market share from imports [104][105]

Core Viewpoint - Ardagh Metal Packaging S.A. reported quarterly earnings of $0.02 per share, exceeding the Zacks Consensus Estimate of $0.01 per share, marking a 100% earnings surprise compared to the previous year's earnings of $0.01 per share [1] Group 1: Earnings Performance - The company achieved revenues of $1.27 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 6.15% and showing an increase from $1.14 billion year-over-year [2] - Over the last four quarters, Ardagh Metal Packaging has exceeded consensus EPS estimates three times [2] Group 2: Stock Performance and Outlook - Ardagh Metal Packaging shares have declined approximately 8.3% since the beginning of the year, slightly better than the S&P 500's decline of 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.06 on revenues of $1.29 billion, and for the current fiscal year, it is $0.17 on revenues of $5.08 billion [7] Group 3: Industry Context - The Metal Products - Procurement and Fabrication industry, to which Ardagh belongs, is currently ranked in the bottom 36% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Core Insights - Ardagh Metal Packaging S.A. is positioned as a strong candidate for investors due to its consistent performance in beating earnings estimates [1][2] - The company has an average surprise of 32.14% over the past two quarters, indicating a strong track record [2] - The upcoming earnings report is anticipated on April 24, 2025, with a positive Earnings ESP of +50%, suggesting bullish sentiment among analysts [8] Earnings Performance - In the most recent quarter, Ardagh reported earnings of $0.03 per share against an expectation of $0.02, resulting in a surprise of 50% [2] - For the previous quarter, the company exceeded the consensus estimate of $0.07 per share by reporting $0.08, achieving a surprise of 14.29% [2] Earnings Estimates - There has been a favorable change in earnings estimates for Ardagh, supported by a positive Earnings ESP, which is a strong indicator of potential earnings beats [5][8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] Analyst Sentiment - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [7] - The current positive Earnings ESP indicates that analysts are optimistic about Ardagh's near-term earnings potential [8]

Exhibit 99.1 Ardagh Metal Packaging S.A. For the Year Ended December 31, 2024 Annual Report UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) □ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR � ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR □ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ...

Financial Performance - Cost of sales for the year ended December 31, 2024, decreased by $60 million, or 1%, to $4,278 million compared to $4,338 million in 2023, primarily due to lower exceptional costs[325]. - Gross profit increased by $156 million, or 33%, to $630 million for the year ended December 31, 2024, with a gross profit percentage rising to 12.8% from 9.9% in 2023[326]. - Operating profit increased by $126 million to $202 million for the year ended December 31, 2024, compared to $76 million in 2023, primarily due to higher gross profit[332]. - Net finance expense increased by $45 million to $192 million in 2024, with senior facilities interest expense rising by $8 million, or 6%[333]. - Income tax charge for the year ended December 31, 2024, was $13 million, compared to a tax credit of $21 million in 2023, reflecting an increase in profit before tax[338]. - The effective income tax rate on profit before exceptional items decreased to 28% in 2024 from 30% in 2023, attributed to changes in profitability mix[340]. - The loss for the year ended December 31, 2024, decreased by $47 million to $3 million, compared to a $50 million loss in 2023[341]. - Adjusted EBITDA for the year ended December 31, 2024, increased by $72 million, or 12%, to $672 million compared to $600 million in 2023[363]. - Total revenue for the year ended December 31, 2024, was $4,908 million, an increase of $96 million, or 2%, from $4,812 million in 2023[369]. Revenue Breakdown - Revenue in Europe increased by $131 million, or 6%, to $2,161 million for the year ended December 31, 2024, compared to $2,030 million in 2023[370]. - Revenue in the Americas decreased by $35 million, or 1%, to $2,747 million for the year ended December 31, 2024, compared to $2,782 million in 2023[371]. - Adjusted EBITDA in Europe increased by $46 million, or 22%, to $257 million for the year ended December 31, 2024, compared to $211 million in 2023[372]. - Adjusted EBITDA in the Americas increased by $26 million, or 7%, to $415 million for the year ended December 31, 2024, compared to $389 million in 2023[373]. Exceptional Items and Costs - A net charge of $16 million was recognized as exceptional items for the year ended December 31, 2024, compared to a net charge of $34 million in 2023[367]. - Exceptional costs paid, including restructuring, decreased by $3 million to $53 million in 2024, down from $56 million in 2023[420]. - Exceptional costs paid in 2023 decreased by $45 million to $56 million, down from $101 million in 2022[421]. Cash Flow and Liquidity - Operating profit for the year ended December 31, 2024, was reported at $202 million, with cash generated from operations amounting to $659 million and Adjusted EBITDA of $672 million[394]. - Net cash from operating activities decreased by $166 million from $616 million in 2023 to $450 million in 2024, mainly due to a decrease in working capital inflows[406]. - The company had $610 million in cash, cash equivalents, and restricted cash at December 31, 2024, along with available but undrawn liquidity of $353 million under credit facilities[395]. - The company expects to satisfy future long-term liquidity needs through a combination of cash flow generated from operations and refinancing of debt obligations[396]. Capital Expenditure - Capital expenditure for the year ended December 31, 2024, was $179 million, including $68 million on growth investment projects[408]. - Capital expenditure for the year ended December 31, 2024, decreased by $199 million to $179 million, compared to $378 million in 2023[426]. - In Europe, capital expenditure for 2024 was $76 million, down from $155 million in 2023[427]. - In the Americas, capital expenditure for 2024 was $103 million, down from $223 million in 2023[427]. Debt and Borrowings - Total borrowings as of December 31, 2024, amounted to $3,933 million, with net debt available liquidity of $3,305 million[387]. - The company entered into a new credit facility with Banco Bradesco S.A. for BRL500 million (approximately $90 million) on October 7, 2024[382]. - The company secured a €269 million ($300 million equivalent) senior secured term loan facility on September 24, 2024, maturing in September 2029[383]. - Proceeds from borrowings for the year ended December 31, 2024, amounted to $517 million, reflecting the drawdown of the Group's Senior Secured Term Loan and Global Asset Based Loan Facility[411]. - Total contractual obligations at December 31, 2024, amounted to $5,963 million, with long-term debt capital repayment obligations of $3,517 million[401]. Environmental and Regulatory Risks - The company has set GHG emission reduction targets to reduce Scope 1 and 2 emissions by 42% and absolute Scope 3 emissions by 12.3% by 2030, approved by the SBTi[136]. - Compliance with evolving environmental regulations may impose substantial costs, including potential capital upgrades to production facilities due to stricter pollutant emissions levels[141]. - The company may face significant liabilities related to environmental contamination at sites it operates or has operated, which could impose substantial costs[144]. - Changes in laws regarding recycling and deposits on metal packaging could disrupt demand and affect production costs, potentially leading to reduced production of certain products[149]. Cybersecurity and Operational Risks - The company relies heavily on automated systems and technology for operations, with risks of disruptions from cybersecurity attacks and other failures that could materially affect business[126]. - Increased global cybersecurity threats, including AI-enabled attacks, pose significant risks to the security of the company's systems and data[127]. - The company has previously experienced cybersecurity incidents, leading to temporary shutdowns of IT systems, highlighting vulnerabilities in its cybersecurity program[129]. Shareholder and Market Risks - The company’s substantial debt could limit its flexibility in managing operations and pursuing growth opportunities, potentially placing it at a competitive disadvantage[173]. - The trading price of Ordinary Shares may be volatile, influenced by factors such as new product announcements, customer gains or losses, and general market conditions[185]. - Future sales of Ordinary Shares by AGSA or other shareholders could significantly reduce the market price of Ordinary Shares[191]. - The company may not be able to raise additional capital without significant costs or shareholder dilution, which could further limit its operational capabilities[177]. - The company’s ability to pay dividends on Ordinary Shares may be limited by restrictions on obtaining sufficient funds through dividends from subsidiaries[196].

Ardagh Metal Packaging S.A. (NYSE:AMBP) Q4 2024 Earnings Conference Call February 27, 2025 9:00 AM ET Company Participants Stephen Lyons - IR Oliver Graham - CEO Stefan Schellinger - CFO Conference Call Participants Stefan Diaz - Morgan Stanley Josh Spector - UBS Anthony Pettinari - Citi Arun Viswanathan - RBC Capital Markets Gabe Hajde - Wells Fargo Securities Michael Leithead - Barclays Operator Ladies and gentlemen, welcome to the Ardagh Metal Packaging S. A. Fourth Quarter 2024 Results Call. Today's con ...