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Metal Packaging Investment Paying Off For Ardagh Group, Analyst Says

Published on Feb 17 2021 11:58 AM in Packaging And Design tagged: Featured Post / Trending Posts / Investment / Packaging / Ardagh / Davy / Paywall / Metal Beverage Packaging

Metal Packaging Investment Paying Off For Ardagh Group, Analyst Says

Investment in its metal beverage packaging business, particularly in the US, has provided packaging giant Ardagh Group with a "platform for future growth", a leading industry analyst has said.

Flor O'Donoghue of Davy was commenting as Ardagh announced a 5% increase in revenue in the fourth quarter of its financial year, to $1.7 billion, with metal beverage packaging revenue rising by 9% and glass packaging revenue rising 1%.

"Ardagh successfully negotiated the unexpected and sudden challenges that emerged last year," O'Donoghue wrote in a briefing note.

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