Ardagh Metal Packaging(US:AMBP)2024-07-25 13:00Financial Performance - Q2 2024 Adjusted EBITDA reached $178 million, an 18% increase year-over-year[43] - The company improved its full-year Adjusted EBITDA guidance to a range of $640 - $660 million[13] - LTM Adjusted EBITDA rose to $631 million in Q2[13] - Group revenue was broadly unchanged versus the prior year at $1,259 million[44] Regional Performance - Europe shipments grew by 5% in Q2, indicating a recovery[13, 16] - Americas shipments grew by 1% in Q2, with North America growing by 3%[13, 16] - Brazil shipments declined by 7% in Q2 due to temporary customer effects[16] - Europe Adjusted EBITDA margin was 14%, up from 11.5% in the prior year[44] - Americas Adjusted EBITDA margin was 14.3%, up from 12.4% in the prior year[44] Liquidity and Debt - A new $300 million secured financing commitment with Apollo Capital Management will further strengthen liquidity in H2[25] - Net debt stood at $3.657 billion with available liquidity of $405 million[45] - The company expects modest deleveraging in 2024[25, 47] Sustainability - All global AMP production facilities have now achieved ISO 14001 certification[22] - A solar power purchase agreement in Germany has been extended to 2030, covering up to 40% of German demand needs[21]