Ardagh Metal Packaging S.A. (NYSE: AMBP) reported a robust performance for the first quarter of 2025, highlighted by global beverage can shipment growth of over 6% and a 16% increase in Adjusted EBITDA to $155 million — results that exceeded initial expectations and prompted the company to upgrade its full-year guidance.

CEO Oliver Graham expressed confidence in the company’s resilience amid economic uncertainty, attributing the strong results to growing demand for sustainable beverage packaging and efficient operations across key regions.

“Our first quarter performance represents a strong start to the year, with 6% global shipments growth and double-digit Adjusted EBITDA % growth versus the prior year, ahead of our initial guidance. 

“Against the backdrop of a highly dynamic macro environment this performance is testament to the resilience of our business and the attractiveness of the beverage can as a packaging choice for our customers. Adjusted EBITDA for both geographic segments performed ahead of our expectations, driven by a strong shipments performance. At the current time we anticipate minimal impact to our business arising from the tariff measures announced. 

Regional Highlights:

• North America led growth with an 8% increase in shipments, driven by strong demand in non-alcoholic beverages and a rebound in the energy drink segment.
• Brazil outperformed the regional market with a 4% rise in volumes.
• Europe saw a 5% increase in shipments, contributing to a 14% growth in Adjusted EBITDA ($49 million), bolstered by improved cost recovery and operating efficiencies.