Financial Performance - Q3 2025 Adjusted EBITDA reached $208 million, at the high end of the $200-$210 million guidance range[15] - Q3 2025 Adjusted EBITDA increased by 6% compared to the previous year, or 3% on a constant currency basis[14, 30] - Full year Adjusted EBITDA guidance was raised to $720-$735 million[14, 15] - Q3 2025 revenue was $1.428 billion, a 9% increase compared to the $1.313 billion in Q3 2024 (6% at constant currency)[30, 31] Regional Performance - Europe Adjusted EBITDA grew by 4% in Q3, driven by volume/mix and currency effects[15] - Americas Adjusted EBITDA grew by 8% in Q3, driven by lower operational and overhead costs[15] - Americas shipments declined by 3% in Q3, with North America growing by 1% and Brazil declining by 17%[15, 21] - Europe shipments grew by 2% in Q3, with strength in energy drinks and other smaller categories offsetting softness in the beer category[15, 21] Market Trends and Sustainability - Global shipments declined by 1% in Q3 due to weakness in Brazil, but year-to-date global shipments grew by over 3%[15] - The company reported a 10% increase in renewable electricity coverage to 30% and a 10% decrease in Scope 1 & 2 emissions in 2024[27] - Beverage cans are gaining share in the beverage packaging mix, with penetration rates increasing in the US, Brazil, and Europe[15, 23, 24]

Financial Performance - Ardagh Metal Packaging (AMP) reported strong Q2 2025 results, outperforming guidance, and raised the full-year Adjusted EBITDA guidance to $705-$725 million[14] - Q2 2025 global shipments grew by 5%[15] - Q2 2025 Adjusted EBITDA reached $210 million, exceeding the guidance range of $195-$205 million[16] - Group revenue in Q2 2025 was $1455 million, a 16% increase compared to $1259 million in Q2 2024[32] - Adjusted EBITDA increased by 18% to $210 million in Q2 2025, compared to $178 million in Q2 2024[31] Regional Performance - Americas experienced strong growth in Q2 2025, with Adjusted EBITDA increasing by 34%[16] - North America saw an 8% growth in Q2 2025, driven by non-alcoholic beverages[16] - Brazil's growth was 12% in Q2 2025, reflecting customer mix[16] - Europe experienced a 1% growth in Q2 2025, with strength in soft drinks offset by market weakness in beer[16] Market Trends and Strategy - Beverage cans are gaining share in the packaging mix across regions[23] - AMP anticipates minimal impact from tariffs due to the regional nature of its supply chain[16] - The company maintains a disciplined approach to capital deployment, focusing on network optimization and flexibility[38]