Saturday March 28, 2020

Once-off costs put Ardagh in the red in Q2

Revenue flat but margins improve at Coulson packaging firm

25th August, 2016
Ardagh chairman Paul Coulson Pic: RollingNews.ie

Revenue fell 2 per cent from a year earlier to just under €1.3 billion, though it was unchanged when currency movements were stripped out.

Earnings before interest, tax, depreciation and amortisation were €256m, up 3 per cent compared with the same period last year as margins improved by almost one point to 20 per cent.

Revenue in the glass packaging business was €800m in the quarter, 2 per cent lower than in the same period last year...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 1 week ago

Big tech firms pledge to pay contract staff through the social-distancing period

Emmet Ryan | 1 week ago

Further action may be needed to prevent the Irish economy being sunk, particularly when the global economy remains vulnerable

Ian Guider | 1 week ago