Tuesday February 18, 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

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 2 days ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 2 days ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 2 days ago