Form: 6-K

Report of foreign issuer [Rules 13a-16 and 15d-16]

October 22, 2026

Documents

Exhibit 99.1

Graphic

Ardagh Metal Packaging S.A. – Third Quarter 2026 Results

Ardagh Metal Packaging S.A. (NYSE: AMBP) today announced results for the third quarter ended September 30, 2026.

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Three months ended

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September 30, 2026

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September 30, 2025

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Change

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Constant Currency

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($'m except per share data)

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Revenue

​

1,694

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1,428

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19%

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19%

Profit for the period

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44

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27

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Adjusted EBITDA (1)

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213

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208

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2%

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2%

Earnings per share

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0.07

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0.04

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Adjusted earnings per share (1)

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0.08

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0.08

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Dividend per ordinary share

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0.10

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0.10

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​

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Oliver Graham, CEO of Ardagh Metal Packaging (AMP), said:

“AMP delivered a strong performance in the third quarter, with growth in global shipments and Adjusted EBITDA, ahead of our guidance. Beverage can shipments increased by 2%, driven by strong performance in Europe with growth of 6%, partly offset by a shipments decline of 1% in the Americas - which represented a sequential quarterly improvement, supported by the strength of our customer portfolio.

Our Adjusted EBITDA outperformance in the quarter reflected a good performance in both segments. Europe continued to benefit from robust volume growth and the Americas were supported by favorable volume/mix effects driven by continued demand for speciality cans in North America, helping to negate the expected impact of contract resets.  

Beverage can industry demand remains resilient across each of our markets, driven by strength in key categories and continued share gains in the packaging mix. Given this demand strength we are pleased to announce that we are accelerating and upscaling our previously outlined growth investment plans in Europe, to capture this growth and to support our customers, by building two new can lines in existing facilities in the attractive markets of the UK and Spain.”

●Global beverage can shipments grew by 2% in the quarter versus the prior year quarter. Global shipments growth reflected an increase of 6% in Europe, partly offset by a 1% decline in the Americas, driven by a 1% decline in North America - a strong sequential improvement from Q2 - and a 5% decline in Brazil, due to customer mix and a contract reset.

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●Adjusted EBITDA of $213 million for the quarter was ahead of our guidance range of $200-210 million, representing a 2% increase, on both a reported and constant currency basis, versus the prior year quarter.

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●In Europe Adjusted EBITDA for the quarter increased by 11%, on both a reported and constant currency basis, to $91 million, mainly driven by higher input cost recovery and strong volume growth, partly offset by the impact of the IFRS 15 contract asset, as well as slightly higher operations and overhead costs.

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●In the Americas Adjusted EBITDA for the quarter decreased by 3% to $122 million, resulting from higher operations and overhead costs, as well as lower input cost recovery versus the prior year quarter, partly offset by favorable volume/mix.

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●Strong total liquidity position of $736 million at September 30, 2026. Net debt to Adjusted EBITDA ratio of 5.1x, below the 5.2x in the prior year quarter. On a comparable like for like basis, pro-forma for the Q4 2025 refinancing of the preferred shares, leverage has reduced from 5.6x in the prior year quarter.

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●Regular quarterly ordinary dividend of 10c announced. No change to capital allocation priorities.
●2026 Adjusted EBITDA guidance raised: Full year 2026 Adjusted EBITDA guidance range raised to between $785–795 million, assuming modest global shipments growth.
●Fourth quarter Adjusted EBITDA expected to be in the range of $153–163 million. This compares with Q4 2025 Adjusted EBITDA of $166 million ($164 million at constant currency) and reflects current foreign exchange rates, some inflationary headwinds and also laps strong prior year shipments growth of 4%.

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1

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Graphic


Financial Performance Review

Bridge of 2025 to 2026 Revenue and Adjusted EBITDA

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Three months ended September 30, 2026

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Revenue

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Europe

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Americas

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Group

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$'m

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$'m

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$'m

Revenue 2025

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625

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803

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1,428

Organic

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75

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198

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273

FX translation

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(7)

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—

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(7)

Revenue 2026

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693

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1,001

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1,694

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Adjusted EBITDA

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Europe

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Americas

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Group

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$'m

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$'m

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$'m

Adjusted EBITDA 2025

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82

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126

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208

Organic

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9

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(4)

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5

FX translation

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—

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—

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—

Adjusted EBITDA 2026

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91

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122

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213

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2026 Adjusted EBITDA margin %

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13.1%

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12.2%

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12.6%

2025 Adjusted EBITDA margin %

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13.1%

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15.7%

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14.6%

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Nine months ended September 30, 2026

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Revenue

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Europe

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Americas

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Group

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$'m

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$'m

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$'m

Revenue 2025

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1,768

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2,383

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4,151

Organic

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170

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512

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682

FX translation

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78

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—

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78

Revenue 2026

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2,016

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2,895

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4,911

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Adjusted EBITDA

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Europe

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Americas

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Group

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$'m

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$'m

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$'m

Adjusted EBITDA 2025

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208

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365

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573

Organic

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55

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(4)

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51

FX translation

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8

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—

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8

Adjusted EBITDA 2026

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271

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361

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632

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2026 Adjusted EBITDA margin %

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13.4%

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12.5%

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12.9%

2025 Adjusted EBITDA margin %

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11.8%

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15.3%

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13.8%

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2

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Graphic


Group Performance

Group

Revenue increased by $266 million, or 19% on both a reported and constant currency basis, to $1,694 million in the three months ended September 30, 2026, compared with $1,428 million in the same period last year, principally reflecting the pass through of higher input costs to customers and favorable volume/mix effects.

Adjusted EBITDA increased by $5 million, or 2% on both a reported and constant currency basis, to $213 million in the three months ended September 30, 2026, compared with $208 million in the same period last year, principally due to higher input cost recovery and favorable volume/mix effects, partly offset by higher operations and overhead costs.

Europe

Revenue increased by $68 million, or 11%, to $693 million in the three months ended September 30, 2026, compared with $625 million in the same period last year. On a constant currency basis revenue increased by 12%, principally due to the pass through of higher input costs to customers and favorable volume/mix effects.

Adjusted EBITDA increased by $9 million, or 11% on both a reported and constant currency basis, to $91 million in the three months ended September 30, 2026, compared with $82 million in the same period last year, principally due to higher input cost recovery, partly offset by unfavorable volume/mix effects (impact of IFRS 15 contract asset) and higher operations and overhead costs.

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Americas

Revenue increased by $198 million, or 25% on both a reported and constant currency basis, to $1,001 million in the three months ended September 30, 2026, compared with $803 million in the same period last year, principally reflecting the pass through of higher input costs to customers and favorable volume/mix effects.

Adjusted EBITDA decreased by $4 million, or 3%, to $122 million in the three months ended September 30, 2026, compared with $126 million in the same period last year, principally driven by higher operations and overhead costs and lower input cost recovery, partly offset by favorable volume/mix effects.

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3

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Graphic


Earnings Webcast and Conference Call Details

Ardagh Metal Packaging S.A. (NYSE: AMBP) will hold its third quarter 2026 earnings webcast and conference call for investors at 9.00 a.m. EDT (2.00 p.m. BST) on Thursday October 22, 2026. Please use the following webcast link to register for this call:

Webcast registration and access:

https://event.webcasts.com/starthere.jsp?ei=1777075&tp_key=8448e3c5dc

Conference call dial in:

United States/Canada: +1 646 769 9200
International: +44 020 7769 6464
Participant pin code: 4670396

An investor earnings presentation to accompany this release is available at https://ir.ardaghmetalpackaging.com/.

About Ardagh Metal Packaging

Ardagh Metal Packaging (AMP) is a leading global supplier of sustainable and infinitely recyclable metal beverage cans to brand owners globally. An operating business of sustainable packaging business Ardagh Group, AMP is a leading industry player across Europe and the Americas with innovative production capabilities. AMP operates 23 production facilities in nine countries, employing approximately 6,500 people with sales of approximately $5.5 billion in 2025.

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For more information, visit https://ir.ardaghmetalpackaging.com/.

Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts and are inherently subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this release. Certain factors that could cause actual events to differ materially from those discussed in any forward-looking statements include the risk factors described in Ardagh Metal Packaging S.A.’s Annual Report on Form 20-F for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission (the “SEC”) and any other public filings made by Ardagh Metal Packaging S.A. with the SEC. In addition, new risk factors and uncertainties emerge from time to time, and it is not possible for us to predict all risk factors and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual events to differ materially from those contained in any forward-looking statements. Under no circumstances should the inclusion of such forward-looking statements in this release be regarded as a representation or warranty by us or any other person with respect to the achievement of results set out in such statements or that the underlying assumptions used will in fact be the case. Therefore, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking information presented herein is made only as of the date of this release, and we do not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise. This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014. The person responsible for the release of this information on behalf of Ardagh Metal Packaging Finance plc and Ardagh Metal Packaging Finance USA LLC is Stephen Lyons, Investor Relations Director.

Non-IFRS Financial Measures

This release may contain certain financial measures such as Adjusted EBITDA, Adjusted operating cash flow, Adjusted free cash flow, net debt and ratios relating thereto that are not calculated in accordance with IFRS® Accounting Standards. Non-IFRS financial measures may be considered in addition to IFRS financial information, but should not be used as substitutes for the corresponding IFRS measures. The non-IFRS financial measures used by Ardagh Metal Packaging S.A. may differ from, and not be comparable to, similarly titled measures used by other companies.

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Contacts:

Investors:
Email: stephen.lyons@ardaghgroup.com

Media:

Pat Walsh, Murray Consultants
Tel.: +353 1 498 0300 / +353 87 2269345
Email: pwalsh@murraygroup.ie

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Graphic


Unaudited Condensed Consolidated Income Statement for the three months ended September 30, 2026 and 2025

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Three months ended September 30, 2026

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Three months ended September 30, 2025

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Before exceptional items

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Exceptional items

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Total

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Before exceptional items

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Exceptional items

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Total

​

​

$'m

​

$'m

​

$'m

​

$'m

​

$'m

​

$'m

Revenue

 

1,694

​

—

​

1,694

​

1,428

​

—

​

1,428

Cost of sales

​

(1,497)

​

(1)

​

(1,498)

​

(1,233)

​

(1)

​

(1,234)

Gross profit

​

197

​

(1)

​

196

​

195

​

(1)

​

194

Sales, general and administration expenses

​

(69)

​

(1)

​

(70)

​

(71)

​

(2)

​

(73)

Intangible amortization

 

(12)

​

—

​

(12)

​

(34)

​

—

​

(34)

Operating profit

​

116

​

(2)

​

114

​

90

​

(3)

​

87

Net finance (expense)/income

 

(61)

​

8

​

(53)

​

(56)

​

6

​

(50)

Profit before tax

​

55

​

6

​

61

​

34

​

3

​

37

Income tax charge

 

(17)

​

—

​

(17)

​

(10)

​

—

​

(10)

Profit for the period

​

38

​

6

​

44

​

24

​

3

​

27

​

​

​

​

​

​

​

​

​

 

​

​

  ​

Earnings per share:

​

​

​

​

​

​

​

  ​

 

  ​

​

  ​

Basic and diluted earnings per share attributable to equity holders

​

​

​

​

​

0.07

​

​

 

​

​

0.04

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

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​

​

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​

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​

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

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5

Graphic


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​

​

​

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Unaudited Condensed Consolidated Income Statement for the nine months ended September 30, 2026 and 2025

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Nine months ended September 30, 2026

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Nine months ended September 30, 2025

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​

Before exceptional items

​

Exceptional items

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Total

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Before exceptional items

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Exceptional items

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Total

​

​

$'m

​

$'m

​

$'m

​

$'m

​

$'m

​

$'m

Revenue

​

4,911

​

—

​

4,911

​

4,151

​

—

​

4,151

Cost of sales

​

(4,296)

​

(3)

​

(4,299)

​

(3,606)

​

(16)

​

(3,622)

Gross profit

​

615

​

(3)

​

612

​

545

​

(16)

​

529

Sales, general and administration expenses

​

(236)

​

(7)

​

(243)

​

(213)

​

(4)

​

(217)

Intangible amortization

​

(84)

​

—

​

(84)

​

(102)

​

—

​

(102)

Operating profit

​

295

​

(10)

​

285

​

230

​

(20)

​

210

Net finance (expense)/income

​

(180)

​

3

​

(177)

​

(171)

​

4

​

(167)

Profit before tax

​

115

​

(7)

​

108

​

59

​

(16)

​

43

Income tax (charge)/credit

​

(35)

​

1

​

(34)

​

(17)

​

1

​

(16)

Profit for the period

​

80

​

(6)

​

74

​

42

​

(15)

​

27

​

​

​

​

​

​

​

​

​

​

​

​

​

Earnings per share:

​

​

​

​

​

​

​

​

​

​

​

​

Basic and diluted earnings per share attributable to equity holders

​

​

​

​

​

0.12

​

​

​

​

​

0.02

​

​

​

​

​

​

​

​

​

​

6

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Graphic


Unaudited Condensed Consolidated Statement of Financial Position

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At September 30, 2026

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At December 31, 2025

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$'m

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$'m

Non-current assets

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​

​

Intangible assets

1,087

​

1,181

Property, plant and equipment

2,403

​

2,515

Other non-current assets

148

​

143

​

3,638

​

3,839

Current assets

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​

​

Inventories

580

​

509

Trade and other receivables

676

​

467

Contract assets

273

​

267

Income tax receivable

22

​

34

Derivative financial instruments

30

​

41

Cash, cash equivalents and restricted cash

213

​

522

​

1,794

​

1,840

TOTAL ASSETS

5,432

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5,679

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​

​

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TOTAL EQUITY

(760)

​

(675)

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​

​

​

Non-current liabilities

​

​

​

Borrowings including lease obligations

4,206

​

4,301

Other non-current liabilities

316

​

324

​

4,522

​

4,625

Current liabilities

​

​

​

Borrowings including lease obligations

111

​

118

Payables and other current liabilities

1,559

​

1,611

​

1,670

​

1,729

TOTAL LIABILITIES

6,192

​

6,354

TOTAL EQUITY and LIABILITIES

5,432

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5,679

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

7

Graphic


Unaudited Condensed Consolidated Statement of Cash Flows

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​

​

​

​

​

​

​

​

​

​

​

Three months ended September 30,

​

Nine months ended September 30,

​

​

2026

​

2025

​

2026

​

2025

​

​

$'m

​

$'m

​

$'m

​

$'m

Cash flows from operating activities

​

​

​

  ​

​

​

​

  ​

Cash generated from operations (2)

​

196

​

214

​

273

​

257

Net interest paid

​

(12)

​

(18)

​

(122)

​

(117)

Settlement of foreign currency derivative financial instruments

​

—

​

(8)

​

(8)

​

(39)

Income tax paid

​

(5)

​

(7)

​

(18)

​

(20)

Cash flows from operating activities

​

179

​

181

​

125

​

81

​

​

​

​

​

​

​

​

​

Cash flows used in investing activities

​

​

​

​

​

​

 

​

Net capital expenditure

​

(43)

​

(50)

​

(138)

​

(131)

Net cash used in investing activities

​

(43)

​

(50)

​

(138)

​

(131)

​

​

​

​

​

​

​

​

​

Cash flows used in financing activities

​

​

​

​

​

​

​

​

Changes in borrowings

​

(20)

​

28

​

3

​

22

Deferred debt issue costs paid

​

—

​

(3)

​

(12)

​

(6)

Lease payments

​

(31)

 

(31)

​

(105)

 

(82)

Dividends paid

​

(60)

​

(66)

​

(180)

​

(198)

Net cash used in financing activities

​

(111)

 

(72)

​

(294)

 

(264)

​

 

​

​

​

​

​

​

​

Net increase/(decrease) in cash, cash equivalents and restricted cash

 

25

​

59

​

(307)

​

(314)

​

​

​

​

​

​

​

​

​

Cash, cash equivalents and restricted cash at beginning of period

​

189

​

256

​

522

​

610

Foreign exchange (losses)/gains on cash, cash equivalents and restricted cash

 

(1)

​

2

​

(2)

​

21

Cash, cash equivalents and restricted cash at end of period

​

213

​

317

​

213

​

317

​

​

​

Financial assets and liabilities

At September 30, 2026, the Group’s net debt and available liquidity was as follows:

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​

​

​

​

​

​

Drawn amount

​

Available liquidity

​

​

$'m

​

$'m

Senior Secured Green and Senior Green Notes

​

3,996

​

—

Global Asset Based Loan facility

​

—

​

427

Bradesco facility

 

—

​

96

Lease obligations

​

320

​

—

Other borrowings

 

27

​

—

Total borrowings / undrawn facilities

 

4,343

​

523

Deferred debt issue costs

 

(26)

​

—

Net borrowings / undrawn facilities

 

4,317

​

523

Cash, cash equivalents and restricted cash

 

(213)

​

213

Derivative financial instruments used to hedge foreign currency and interest rate risk

​

—

​

—

Net debt / available liquidity

 

4,104

​

736

​

​

​

​

​

​

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​

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8

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Graphic


Reconciliation of profit for the period to Adjusted profit for the period

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​

​

Three months ended September 30,

​

2026

​

2025

​

$'m

​

$'m

Profit for the period as presented in the income statement

44

​

27

Less: Dividend on preferred shares

—

​

(6)

Profit for the period used in calculating earnings per share

44

​

21

Exceptional items, net of tax

(6)

​

(3)

Intangible amortization, net of tax

9

​

27

Adjusted profit for the period

47

​

45

​

​

​

​

Weighted average number of ordinary shares

597.7

​

597.7

​

​

​

​

Earnings per share

0.07

​

0.04

​

​

​

​

Adjusted earnings per share

0.08

​

0.08

​

Reconciliation of profit for the period to Adjusted EBITDA

​

​

​

​

​

​

​

​

​

​

Three months ended September 30,

​

Nine months ended September 30,

​

2026

​

2025

​

2026

​

2025

​

$'m

​

$'m

​

$'m

​

$'m

Profit for the period

44

​

27

​

74

​

27

Income tax charge

17

​

10

​

34

​

16

Net finance expense

53

​

50

​

177

​

167

Depreciation and amortization

97

​

118

​

337

​

343

Exceptional operating items

2

​

3

​

10

​

20

Adjusted EBITDA

213

​

208

​

632

​

573

​

Reconciliation of Adjusted EBITDA to Adjusted operating cash flow and Adjusted free cash flow

​

​

​

​

​

​

​

​

​

Three months ended September 30,

​

Nine months ended September 30,

​

2026

​

2025

​

2026

​

2025

​

$'m

​

$'m

​

$'m

​

$'m

Adjusted EBITDA

213

​

208

​

632

​

573

Movement in working capital

(15)

​

10

​

(347)

​

(305)

Maintenance capital expenditure

(34)

​

(31)

​

(100)

​

(82)

Lease payments

(31)

​

(31)

​

(105)

​

(82)

Exceptional restructuring costs paid

(1)

​

—

​

(2)

​

(1)

Adjusted operating cash flow

132

​

156

​

78

​

103

Net interest paid

(12)

​

(18)

​

(122)

​

(117)

Settlement of foreign currency derivative financial instruments

—

​

(8)

​

(8)

​

(39)

Income tax paid

(5)

​

(7)

​

(18)

​

(20)

Adjusted free cash flow - pre Growth Investment capital expenditure

115

​

123

​

(70)

​

(73)

Growth investment capital expenditure

(9)

​

(19)

​

(38)

​

(49)

Adjusted free cash flow - post Growth Investment capital expenditure

106

​

104

​

(108)

​

(122)

​

​

​

​

​

​

​

​

​

​

9

​

Graphic



Related Footnotes

(1) For a reconciliation to the most comparable IFRS measures, see Page 9.

(2) Cash generated from operations for the three months ended September 30, 2026 is derived from the aggregate of Adjusted EBITDA as presented on Page 9, working capital outflows of $15 million (2025: inflows of $10 million) and other exceptional cash outflows of $2 million (2025: outflows of $4 million). Cash generated from operations for the nine months ended September 30, 2026 is derived from the aggregate of Adjusted EBITDA as presented on Page 9, working capital outflows of $347 million (2025: $305 million) and other exceptional cash outflows of $12 million (2025: $11 million).

​

​

​

​

10

​

Graphic