Shares of Ardagh Metal Packaging S.A. (AMBP) plunged 5.28% on Friday after the company reported mixed results for the fourth quarter of 2024. While revenue beat expectations, earnings fell short due to higher costs.
In its Q4 earnings release, AMBP reported revenue of $1.09 billion, exceeding analysts' estimates of $1.05 billion. However, adjusted earnings per share came in at $0.14, missing the consensus estimate of $0.17.
The company cited rising input costs, supply chain disruptions, and inflationary pressures as headwinds that impacted profitability during the quarter. Looking ahead, AMBP provided a cautious outlook for 2025, warning of continued margin pressure from elevated costs.
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