Earnings Call Summary | Ardagh Metal(AMBP.US) Q1 2024 Earnings Conference
Earnings Call Summary | Ardagh Metal(AMBP.US) Q1 2024 Earnings Conference
The following is a summary of the Ardagh Metal Packaging S.A. (AMBP) Q1 2024 Earnings Call Transcript:
以下是Ardagh Metal Packaging S.A.（AMBP）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Ardagh Metal Packaging reported a Q1 2024 revenue of $1.14 billion, up by 1% predominantly due to volume mix and positive currency impacts, offset partially by the pass-through of lower metal costs to customers.
Adjusted EBITDA increased by 3% to $134 million as compared to the previous year.
Revenue for the Americas region increased by 2% to $660 million thanks to growth in shipments and the pass-through of lower input costs.
Europe's revenue, on the other hand, experienced a 4% decrease on a constant currency basis to $481 million, majorly as a result of lower input costs passed on to customers.
Ardagh Metal Packaging報告稱，2024年第一季度收入爲11.4億美元，增長了1％，這主要是由於銷量組合和積極的貨幣影響，但部分被降低的金屬成本轉嫁給客戶所抵消。
與去年相比，調整後的息稅折舊攤銷前利潤增長了3％，達到1.34億美元。
美洲地區的收入增長了2％，達到6.6億美元，這要歸因於出貨量的增長以及投入成本的降低。
另一方面，按固定貨幣計算，歐洲的收入下降了4％，至4.81億美元，這主要是由於轉嫁給客戶的投入成本降低。
Business Progress:
業務進展：
In Q1 2024, Ardagh Metal Packaging exceeded expectations with a 7% increase in global beverage shipments compared to the previous year, and higher adjusted EBITDA growth due to a favorable volume and mix.
The company also highlighted disciplined capacity management and anticipates further volume growth and increased manufacturing activity, positively affecting fixed cost absorption.
Ardagh Metal Packaging has made progress in terms of sustainability as indicated by an improved CDP score to A-, reflecting progress in addressing climate change.
The company expects promotional activities, which increased in Q1 2024, to further improve throughout the rest of 2024, especially within the soft drinks sector.
Innovations in terms of different sizes, increased decoration and functionality, speed of lines for cost performance, and types of can ends are anticipated to drive growth. The company is also investigating the adoption of 'Uni alloy' to increase the recycled content in packaging.
Despite supply disruptions, particularly in North America due to mill outages, the company managed it well and retained a stable liquidity situation with $329 million available at the end of Q1 2024. The company reassured that it's well-positioned to benefit from recovering market demand in the medium term.
2024年第一季度，Ardagh Metal Packaging超出預期，全球飲料出貨量與上年相比增長了7％，並且由於良好的數量和組合，調整後的息稅折舊攤銷前利潤增長更高。
該公司還強調了嚴格的產能管理，並預計銷量將進一步增長和製造活動的增加，這將對固定成本吸收產生積極影響。
Ardagh Metal Packaging在可持續性方面取得了進展，CDP分數提高到A-就表明了這一點，這反映了在應對氣候變化方面取得的進展。
該公司預計，促銷活動（2024年第一季度有所增加）將在2024年剩餘時間內進一步改善，尤其是在軟飲料領域。
預計在不同尺寸、增加裝飾和功能性、提高成本效益的生產線速度以及罐頭類型方面的創新將推動增長。該公司還在調查採用 “Uni Alloy” 來增加包裝中的回收成分的情況。
儘管供應中斷，尤其是在北美，由於工廠中斷，但該公司管理得很好，並保持了穩定的流動性狀況，截至2024年第一季度末有3.29億美元的可用資金。該公司保證，從中期來看，它完全有能力從市場需求的恢復中受益。
More details: Ardagh Metal IR
更多詳情： Ardagh Metal IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。