Ardagh Metal Packaging SA (NYSE:AMBP.WS)
$ 0.0395 0 (0%) Market Cap: - Enterprise Value: - PE Ratio: 9,999.00 PB Ratio: 0 GF Score: 40/100
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Ardagh Metal Packaging SA at Citi Basic Materials Conference Transcript

Nov 30, 2022 / 08:30PM GMT
Anthony James Pettinari
Citigroup Inc., Research Division - Director & US Paper, Packaging & Building Products Analyst

Thanks, everyone. For our final afternoon session, we've saved the best for last. Very pleased to welcome for Oliver Graham, CEO; and David Bourne, CFO of Ardagh Metal Packaging. I think, Oliver, maybe if you can give some introductory remarks, and we'll kind of jump right into Q&A with the group and thank you for coming.

Oliver Graham
Ardagh Metal Packaging S.A. - CEO & Director

No, thank you, everybody, for taking the time. We're delighted to be here. Thank you, Anthony. So yes, look, you've all seen our Q3 results. So Q3 was a challenging quarter for us and I think increasingly visible for the industry. We actually grew 9%, which is the sort of number we have all enjoyed over the years, but was significantly below our expectations. And that did impact the profits that we were anticipating to make. And it is leading us to become much more focused now on our costs and our capacity position as we exit 2022 and go into 2023.

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