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Ardagh Group S.A. - First Quarter 2021 Results

(4)
4.9x
Paul Coulson, Chairman and Chief Executive, said: We have made an excellent start to 2021, with strong earnings growth in Metal Packaging and a robust performance in Glass Packaging Europe. Our $2.1 billion investment program is fully on track and we are well-placed to deliver further growth over the course of the year.
Revenue increased by 9% to $1,774 million, reflecting increased shipments in both Metal Packaging and Glass Packaging, the pass through of higher input costs and favorable currency translation effects.
Metal Packaging shipments increased by 8% in the quarter. Speciality can volumes increased by 16% and represented c.45% of total shipments.
Glass Packaging shipments increased by 2%, led by growth in North America. Shipments in Europe were in line with the prior year, despite continuing lockdowns in much of Europe during the quarter. ....

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Ardagh Group S.A. - Fourth Quarter and Full Year 2020 Results

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Ardagh Group S.A. - Fourth Quarter and Full Year 2020 Results
February 16, 2021 GMT
Ardagh Group logo 2019 (PRNewsfoto/Ardagh Group S.A.)
LUXEMBOURG, Feb. 16, 2021 /PRNewswire/ Ardagh Group S.A. (NYSE: ARD) today announced its results for the fourth quarter and year ended December 31, 2020.
December 31,
Full Year
35
1.44
(27)
(0.11)
0.28
0.15
4.9x
4.5x
Paul Coulson, Chairman and Chief Executive, said: “The Group performed well in the quarter, with strong earnings growth in Metal Beverage Packaging and volume growth in Glass Packaging. The resilience of our businesses, the adaptability of our teams and the outlook for our sustainable products was underlined in 2020. We remain focused on growth and have increased our 2021-2024 Business Growth Investment program from $1.8 billion to $2.1 billion due to additional beverage can op ....

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India Inc hails the government's budget as growth-oriented

New Delhi [India], February 3 (ANI/NewsVoir): Finance Minister, Nirmala Sitharaman made a great effort to pull all strings together in this budget and ensure economic setback to put lives and livelihoods back to the track. There has been greater spending on health care and fiscal push to brace up the struggling demand in the pandemic-hit economy.
Industry players had to comment on budget 2021:
The budget as promised by the Finance Minister is unprecedented, rather a bold budget. Fiscal deficit due to pandemic has given the government a big jolt, still, FM announced a lot of spending in order to drive the economy positively. This budget has given growth direction to all the industries and incentivized different sectors, Hemant Sood, Managing Director, Findoc Financial Services Group. ....

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€26m EBRD loan to build new wind farms in Poland Pollution Solutions Online

Jan 25 2021 Read 634 Times
Poland is accelerating its transition from fossil fuels with the construction of two new wind farms financed by the
European Bank for Reconstruction and Development (EBRD).
The EBRD is providing a loan of PLN 117 million (€26 million-equivalent) for a project in the north-east of the country with a total installed capacity of 51.4 MW: Mława (37.4 MW), located approximately 110 km northwest of Warsaw, and Grajweo (14 MW), 60 km southwest from Suwałki. The EBRD finance will be complemented by a parallel loan from DNB.
The wind farms will be built and operated by a joint venture between the Taaleri SolarWind Fund II, a fund managed by Helsinki based renewable fund manager and developer Taaleri Energia, and Masdar, the Abu Dhabi Future Energy Company. Both wind farms will benefit from the Polish renewable energy support scheme (contract for difference) for a portion of their respective outputs following their successful bids in t ....

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UAE Business: Masdar teams up with Finnish group to buy Polish wind farms

Abu Dhabi-based Masdar, one of the world’s leading renewable ....

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