Ardagh Metal Packaging S.A. (AMBP) stock surged 5.44% in pre-market trading on Thursday, following the company's strong fourth-quarter earnings report and dividend announcement. The metal packaging firm reported adjusted earnings of $0.03 per share, surpassing analysts' expectations of $0.02. Additionally, revenue for the quarter climbed to $1.20 billion, exceeding the estimated $1.15 billion.
In a separate release, Ardagh Metal Packaging announced a quarterly cash dividend of $0.10 per ordinary share, payable on March 27, 2025, to shareholders of record on March 13, 2025. The dividend payment underscores the company's commitment to returning value to shareholders.
Ardagh Metal Packaging is a leading global supplier of sustainable metal beverage cans and ends, operating 23 production facilities across nine countries. With a focus on infinitely recyclable packaging solutions, the company is well-positioned to capitalize on the growing demand for sustainable packaging options in the beverage industry.
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