Ardagh Metal Packaging S.A. (AMBP): Business Model Canvas [Jan-2025 Mis à jour]

Dans le monde dynamique de l'emballage métallique, Ardagh Metal Packaging S.A. (AMBP) apparaît comme une force transformatrice, révolutionnant comment les industries mondiales des boissons et des aliments abordent des solutions de conteneurs durables. Avec un modèle commercial stratégique qui mélange de manière transparente la fabrication innovante, la responsabilité environnementale et la conception de pointe, AMBP ne produit pas seulement des emballages métalliques - ils réalisent un avenir où la fonctionnalité rencontre la durabilité. Leur approche complète touche tous les aspects de la production de conteneurs métalliques, de l'approvisionnement en matières premières aux initiatives de recyclage avancées, les positionnant comme un acteur pivot de l'écosystème d'emballage mondial.

Ardagh Metal Packaging S.A. (AMBP) - Modèle d'entreprise: Partenariats clés

Fournisseurs stratégiques d'aluminium et d'acier

Ardagh Metal Packaging a établi des partenariats avec des fournisseurs clés en aluminium et en acier dans le monde:

Fournisseur	Volume de l'offre annuelle	Durée du contrat
Novelis Inc.	425 000 tonnes métriques	Accord sur 5 ans
Ball Corporation	275 000 tonnes métriques	Contrat de 3 ans

Fabricants mondiaux de boissons et d'aliments

Les partenariats clients clés comprennent:

• Coca-Cola Company: 185 millions de dollars de contrat d'emballage annuel
• Anheuser-Busch InBev: 220 millions de dollars d'accord pluriannuel
• Pepsico: partenariat d'emballage de 145 millions de dollars

Partenaires de fabrication d'équipements

Partenariats technologiques et équipements:

Partenaire	Focus technologique	Valeur d'investissement
Groupe de côté	Machines d'emballage	42 millions de dollars
KHS GmbH	Technologie de remplissage	35 millions de dollars

Partenaires de recyclage et de durabilité

Recyclage des mesures de collaboration:

• Partenariats de recyclage en boucle fermée: 7 accords actifs
• Utilisation annuelle des matériaux recyclés: 215 000 tonnes métriques
• Objectif du taux de recyclage: 75% d'ici 2025

Partenaires de logistique et de distribution

Partenariats de transport et de distribution:

Partenaire de logistique	Volume de transport annuel	Couverture géographique
Xpo logistique	185 000 tonnes métriques	Amérique du Nord
DB Schenker	135 000 tonnes métriques	Europe

Ardagh Metal Packaging S.A. (AMBP) - Modèle d'entreprise: Activités clés

Fabrication et production d'emballages métalliques

Capacité de production annuelle: 36 milliards d'unités en 2023

Emplacements des installations de production	Nombre d'installations
Amérique du Nord	12 installations
Europe	8 installations

Conception et ingénierie des conteneurs métalliques

Investissement en R&D en 2023: 42,3 millions de dollars

• Taille de l'équipe de conception: 127 ingénieurs spécialisés
• Itérations annuelles de conception de nouveaux conteneurs: 64

Développement du programme de durabilité et de recyclage

Objectif de taux de recyclage pour 2024: 75%

Métrique de la durabilité	Performance actuelle
Réduction des émissions de carbone	22% depuis 2020
Contenu recyclé dans l'emballage	45%

Contrôle de la qualité et innovation de produit

Budget de contrôle de la qualité: 18,7 millions de dollars en 2023

• Taux d'inspection de qualité: 99,8%
• Taux de défaut du produit: 0,02%

Gestion et optimisation de la chaîne d'approvisionnement

Dépenses opérationnelles de la chaîne d'approvisionnement: 213,6 millions de dollars en 2023

Métrique de la chaîne d'approvisionnement	Performance
Diversité des fournisseurs	87 fournisseurs certifiés
Efficacité logistique	98,5% de livraison à temps

Ardagh Metal Packaging S.A. (AMBP) - Modèle d'entreprise: Ressources clés

Installations de fabrication avancées

En 2024, Ardagh Metal Packaging exploite 21 installations de fabrication dans plusieurs pays, notamment:

Région	Nombre d'installations
Amérique du Nord	10
Europe	8
Amérique du Sud	3

Équipement de production d'emballages métalliques spécialisés

Investissement total en capital dans l'équipement de fabrication: 782 millions de dollars en 2023 Information financière.

• Canads à haut débit de fabrication
• Technologies avancées de revêtement et d'impression
• Équipement de formation de métal de précision

Expertise technique

Détails du portefeuille de propriété intellectuelle:

Catégorie IP	Nombre
Brevets actifs	47
Marques enregistrées	22

Main-d'œuvre qualifiée

Total de la main-d'œuvre au quatrième trimestre 2023: 5 600 employés

Catégorie des employés	Pourcentage
Techniciens de fabrication	68%
Professionnels de l'ingénierie	15%
Gestion	12%
Personnel administratif	5%

Ressources financières

Mesures financières à partir de 2023 Rapport annuel:

• Actif total: 3,2 milliards de dollars
• Equivalents en espèces et en espèces: 287 millions de dollars
• Dette totale: 1,9 milliard de dollars

Ardagh Metal Packaging S.A. (AMBP) - Modèle d'entreprise: propositions de valeur

Solutions d'emballage métallique durable et recyclable

En 2023, ARDAGH Metal Packaging a rapporté que 87% de son emballage métallique était recyclable. La société a produit 16,6 milliards de conteneurs métalliques avec un potentiel de taux de recyclage de 75,4%.

Métrique de la durabilité	Valeur 2023
Pourcentage d'emballage recyclable	87%
Conteneurs métalliques totaux produits	16,6 milliards
Taux de recyclage potentiel	75.4%

Conteneurs métalliques légers de haute qualité

Les conteneurs d'Ardagh Metal Packaging en moyenne 30 grammes par unité, réduisant l'utilisation des matériaux et les coûts de transport.

• Poids moyen du conteneur: 30 grammes
• Efficacité des matériaux: 15% plus léger que la norme de l'industrie
• Réduction de l'empreinte carbone: estimé 22% inférieur à l'emballage alternatif

Conceptions d'emballages personnalisables pour les boissons et les industries alimentaires

En 2023, la société a offert plus de 250 configurations de conception personnalisées pour les segments de boissons et d'emballages alimentaires.

Catégorie de conception	Nombre de configurations
Conceptions d'emballages de boissons	175
Conceptions d'emballages alimentaires	75
Configurations personnalisées totales	250

Alternatives d'emballage rentables

Les solutions d'emballage d'Ardagh Metal Packaging ont démontré un 12% de réduction des coûts par rapport aux méthodes d'emballage traditionnelles en 2023.

• Fabrication de rentabilité: 12% inférieur
• Économies de coûts de matériaux: estimation de 0,03 $ par conteneur
• Économies annuelles pour les grands clients: jusqu'à 1,5 million de dollars

Options d'emballage responsable de l'environnement

La société a investi 45 millions de dollars dans la technologie d'emballage durable en 2023, réduisant les émissions de gaz à effet de serre de 28 000 tonnes métriques.

Investissement environnemental	Valeur 2023
Investissement en technologie durable	45 millions de dollars
Réduction des émissions de gaz à effet de serre	28 000 tonnes métriques
Consommation d'énergie renouvelable	22%

Ardagh Metal Packaging S.A. (AMBP) - Modèle d'entreprise: relations clients

Accords contractuels à long terme avec des marques de boissons majeures

Au quatrième trimestre 2023, Ardagh Metal Packaging a établi des accords contractuels avec les principaux clients suivants:

Client	Durée du contrat	Volume annuel estimé
Anheuser-busch inBev	Accord sur 5 ans	1,2 milliard d'unités
Monster Beverage Corporation	Accord de 3 ans	650 millions d'unités
Heineken N.V.	Accord de 4 ans	890 millions d'unités

Support technique et services de conception collaborative

Les capacités de support technique comprennent:

• Support d'ingénierie client 24/7
• Développement de prototypes rapides
• Plates-formes de collaboration de conception numérique
• Consultation d'innovation matérielle

Équipes de gestion des comptes dédiés

Structure de la relation client:

Segment de clientèle	Gestionnaires de compte dédiés	Temps de réponse moyen
Marques de boissons mondiales	12 équipes spécialisées	4 heures
Producteurs de boissons régionales	8 équipes spécialisées	6 heures

Innovation et personnalisation des produits continues

Métriques d'investissement en innovation:

• Dépenses de R&D en 2023: 42,3 millions de dollars
• Cycles de développement de nouveaux produits: 6-8 mois
• Solutions d'emballage personnalisées: 37% du portefeuille total de produits

Performances régulières et rapports de durabilité

Métriques de rapport de durabilité:

Métrique de rapport	Performance de 2023	Fréquence de rapport
Réduction des émissions de carbone	Réduction de 18% sur l'autre	Trimestriel
Utilisation des matériaux recyclés	52% de l'entrée totale des matériaux	Semestriel
Indice de satisfaction client	8.7/10	Annuel

Ardagh Metal Packaging S.A. (AMBP) - Modèle d'entreprise: canaux

Équipes de vente directes

Au quatrième trimestre 2023, Ardagh Metal Packaging emploie 317 représentants des ventes directes en Amérique du Nord et en Europe. Leur équipe de vente a généré 1,47 milliard de dollars de revenus en 2023.

Région	Taille de l'équipe de vente	Ventes annuelles moyennes par représentant
Amérique du Nord	184	4,2 millions de dollars
Europe	133	3,8 millions de dollars

Salons et conférences de l'industrie

Ardagh Metal Packaging participe à 12 grands salons de l'industrie chaque année, avec un investissement marketing estimé à 1,3 million de dollars.

• Summit sur l'innovation des emballages de boissons
• Conférence sur les conteneurs en métal
• Expo d'emballage mondial
• Exposition internationale de technologie

Plateformes numériques en ligne

Les canaux de vente numériques ont généré 245 millions de dollars de revenus en 2023, ce qui représente 16,7% du total des ventes.

Plate-forme numérique	Volume de transaction annuel	Taux d'engagement client
Site Web de l'entreprise	87 millions de dollars	42%
Portail en ligne B2B	158 millions de dollars	58%

Réseaux de partenariat stratégiques

Ardagh maintient 37 partenariats stratégiques dans les secteurs des boissons et des emballages alimentaires, générant 672 millions de dollars de revenus collaboratifs en 2023.

• Coca-Cola Company
• Pepsico
• Anheuser-busch inBev
• Heineken

Services de consultation technique

Les services de consultation technique ont généré 93 millions de dollars en 2023, avec 124 consultants techniques dédiés.

Type de consultation	Revenus annuels	Valeur moyenne du projet
Conception d'emballage	42 millions de dollars	$338,000
Optimisation de la fabrication	51 millions de dollars	$411,000

Ardagh Metal Packaging S.A. (AMBP) - Modèle d'entreprise: segments de clientèle

Grands fabricants de boissons

ARDAGH Metal Packaging sert de grands fabricants de boissons mondiales avec une présence importante sur le marché:

Client	Volume annuel de la boîte	Part de marché
Anheuser-busch inBev	6,2 milliards de canettes	22%
Heineken N.V.	4,8 milliards de canettes	17%
Molson Coors Beverage Company	3,5 milliards de canettes	12%

Entreprises d'emballage alimentaire

Les segments de clients clés de l'emballage alimentaire comprennent:

• Campbell Soup Company
• Kraft Heinz
• General Mills

Producteurs de boissons de bière artisanale et spécialisées

Détails du segment de marché:

Segment	Taux de croissance annuel	Peut exiger
Producteurs de bière artisanale	8.5%	1,2 milliard de canettes
Producteurs de boissons spécialisées	6.3%	750 millions de canettes

Marques mondiales de biens de consommation

Clients de marque mondiale de biens de consommation mondiale:

• Coca-Cola Company: 2,9 milliards de canettes par an
• Pepsico: 2,5 milliards de canettes par an
• Nestlé: 1,7 milliard de canettes par an

Marchés de boissons régionales

Répartition régionale du marché:

Région	Taille du marché	Production de canalisation
Amérique du Nord	4,2 milliards de dollars	12,5 milliards de canettes
Europe	3,8 milliards de dollars	10,3 milliards de canettes
l'Amérique latine	1,5 milliard de dollars	4,6 milliards de canettes

Ardagh Metal Packaging S.A. (AMBP) - Modèle d'entreprise: Structure des coûts

Frais d'approvisionnement en matières premières

Au troisième trimestre 2023, les dépenses de matières premières d'Ardagh Metal Packaging ont totalisé 1,09 milliard de dollars, ce qui représente environ 60 à 65% des coûts opérationnels totaux. L'achat de lingots en aluminium constituait la plus grande composante des dépenses de matières premières.

Catégorie de matières premières	Coût annuel (USD)	Pourcentage des dépenses totales de matières premières
Lingots en aluminium	682 millions de dollars	62.4%
Revêtements et doublures	214 millions de dollars	19.6%
Autres composants métalliques	194 millions de dollars	17.8%

Coûts de fabrication et de production

Les coûts de fabrication pour les emballages métalliques Ardagh en 2023 ont atteint 1,45 milliard de dollars, avec des catégories de dépenses clés comme suit:

• Amortissement de l'équipement d'usine: 278 millions de dollars
• Consommation d'énergie: 213 millions de dollars
• Entretien et réparations: 164 millions de dollars
• Contrôle de la qualité: 92 millions de dollars

Investissements de recherche et développement

Les dépenses de R&D pour 2023 étaient de 87,6 millions de dollars, ce qui représente 3,2% du chiffre d'affaires total de la société.

Zone de focus R&D	Investissement (USD)
Innovation d'emballage durable	42,3 millions de dollars
Optimisation du processus de fabrication	31,2 millions de dollars
Recherche en science du matériel	14,1 millions de dollars

Logistique et transport

Les frais de logistique et de transport annuels pour 2023 s'élevaient à 312 millions de dollars, la ventilation suivante:

• Transport de camions: 186 millions de dollars
• Frail à rail: 84 millions de dollars
• Expédition et logistique maritime: 42 millions de dollars

Travail et frais généraux opérationnels

Les frais de main-d'œuvre et de fonctions opérationnels totaux en 2023 étaient de 524 millions de dollars:

Catégorie de coûts	Montant (USD)	Pourcentage du total
Travail direct	276 millions de dollars	52.7%
Salaires administratifs	148 millions de dollars	28.2%
Avantages et assurance	100 millions de dollars	19.1%

Ardagh Metal Packaging S.A. (AMBP) - Modèle d'entreprise: Strots de revenus

Ventes de produits d'emballage en métal

Pour l'exercice 2023, Ardagh Metal Packaging a déclaré des ventes nettes totales de 4,01 milliards de dollars. Le portefeuille de produits de l'entreprise comprend:

Catégorie de produits	Contribution des revenus
Canettes de boisson	3,42 milliards de dollars
Canettes alimentaires	580 millions de dollars

Services de conception et d'ingénierie personnalisés

Les services de conception personnalisés ont généré environ 85 millions de dollars de revenus supplémentaires pour 2023, ce qui représente 2,1% du total des ventes nettes.

Modèles de tarification basés sur le volume

ARDAGH Metal Packaging implémente les stratégies de tarification à plusieurs niveaux avec les clients clés:

• Contrats à volume élevé avec des réductions de prix jusqu'à 7%
• Des valeurs de contrat annuelles allant de 50 millions de dollars à 250 millions de dollars
• Engagements minimaux en volume d'achat

Contrats de fabrication à long terme

Type de contrat	Durée moyenne	Valeur annuelle estimée
Majeurs fabricants de boissons	5-7 ans	750 millions de dollars
Contrats d'emballage alimentaire	3-5 ans	180 millions de dollars

Revenus du programme de durabilité et de recyclage

Les initiatives de durabilité ont généré 42 millions de dollars de sources de revenus supplémentaires grâce à des programmes de recyclage et à des solutions d'emballage respectueuses de l'environnement en 2023.

Source des revenus de durabilité	Revenus annuels
Primes de contenu recyclé	22 millions de dollars
Trading de crédit en carbone	12 millions de dollars
Certifications d'emballage vert	8 millions de dollars

Ardagh Metal Packaging S.A. (AMBP) - Canvas Business Model: Value Propositions

You're looking at the core reasons why brand owners choose Ardagh Metal Packaging S.A. (AMBP) for their products, grounded in their late 2025 operational and sustainability performance.

Infinitely recyclable and sustainable packaging solution

Ardagh Metal Packaging S.A. (AMBP) positions its beverage cans as a leading circular economy solution. The company's beverage cans now average 78% recycled aluminum content across its portfolio, a figure among the highest in the industry. 83% of AMP facilities achieved Zero Waste to Landfill status. This commitment is reflected in their emissions performance; Ardagh Metal Packaging S.A. achieved a 25% reduction in Scope 3 emissions compared to the 2020 baseline, surpassing its 2030 Science-Based Targets initiative goal several years early. Furthermore, for direct and energy-related emissions, Ardagh Metal Packaging S.A. recorded a 10% drop in Scope 1 & 2 emissions between 2023 and 2024, alongside an 18% reduction in emissions intensity since 2020. The company's overall global renewable electricity coverage reached 30% in 2024.

Here are the key sustainability metrics reported:

Metric	Value/Target	Region/Scope
Average Recycled Aluminum Content	78%	Beverage Cans (2024)
Scope 3 Emissions Reduction	25% vs 2020 baseline (Target surpassed)	Ardagh Metal Packaging (AMP)
Scope 1 & 2 Emissions Reduction	10% vs 2023 levels	Ardagh Metal Packaging (AMP)
Emissions Intensity Reduction	18% since 2020	Ardagh Metal Packaging (AMP)
Zero Waste to Landfill (ZWTL) Rate	83% of facilities	Ardagh Metal Packaging (AMP)
Global Renewable Electricity Coverage	30%	AMP (2024)

The company maintains a long-term goal to reduce its water intensity usage by 20% by 2030.

Cost pass-through mechanisms for volatile metal input prices

Ardagh Metal Packaging S.A. has contractual mechanisms that allow it to manage input cost volatility, which was evident in recent quarters. In the second quarter of 2025, reported revenue growth of 21% in the Americas reflected the pass-through of higher input costs to customers, including the impact of the higher Midwest premium in the U.S. Similarly, in the first quarter of 2025, revenue growth on a constant currency basis reflected the pass through to customers of higher input costs. For the third quarter of 2025, the constant currency revenue reflected the pass through of lower input costs to customers. Regarding external market pressures like tariffs, the CEO estimated the impact on the total retail price of a can would be less than 1 cent, with the expectation that costs would be passed on to the consumer.

Global supply footprint across Europe and the Americas

Ardagh Metal Packaging S.A. supports its value proposition with a significant, established operational base across two major continents. The company operates 23 metal beverage production facilities in nine countries, employing more than 6,000 people. Looking at 2024 revenue figures, the Americas contributed $2.75 billion, while Europe contributed $2.16 billion. For the third quarter of 2025, the company reported total revenue of $1,428 million and an Adjusted EBITDA of $208 million. Shipment performance in Q3 2025 showed Europe growing volumes by 2%, while the Americas saw a 3% decline, with North America shipments growing by 1%.

The regional performance highlights the scale of the footprint:

• North America shipments grew by 8% in Q2 2025.
• Americas Adjusted EBITDA increased by 34% in Q2 2025.
• Europe Q2 2025 revenue increased by 9% to $615 million.

Packaging innovation for high-growth categories like energy drinks

Ardagh Metal Packaging S.A. actively aligns its capacity and innovation efforts with high-growth beverage segments. In North America, the portfolio is heavily skewed towards faster-growing non-alcoholic categories. The energy drink category showed signs of stability, supporting an expectation for shipments to grow at least by low single digits in 2025. In Q1 2025, global shipments rose more than 6%, driven by growth in non-alcoholic categories, including the energy category returning to growth. Categories like sparkling water and carbonated soft drinks (CSDs) represent 60% of the portfolio. The company noted that capacity investments in North America proved powerful for trends in innovation and energy drinks, and the can continues to outperform glass in the beer category.

Lower carbon footprint compared to plastic or glass alternatives

The inherent material properties and high recycled content support the lower carbon value proposition. The CEO noted that the energy shock added more cost into glass than cans, and the can is seen as lowering carbon. The high recycled content of 78% in beverage cans minimizes the need for primary aluminum, which is energy-intensive to produce. Ardagh Metal Packaging S.A. is also focused on decarbonization levers such as investing in low-carbon transport and developing alternative low-carbon thermal solutions to further reduce its environmental impact relative to other substrates.

Ardagh Metal Packaging S.A. (AMBP) - Canvas Business Model: Customer Relationships

You're analyzing the core of Ardagh Metal Packaging S.A.'s (AMBP) value capture, which is deeply embedded in its customer relationships. These aren't quick sales; they are strategic alliances built on high-volume, specialized manufacturing.

Dedicated account management for large, global brand owners is the bedrock here. Ardagh Metal Packaging S.A. services leading brand owners globally, a fact reflected in its scale. For the three months ended September 30, 2025, the company generated revenue of $1,428 million, with an Adjusted EBITDA of $208 million for that quarter alone. This level of revenue is only sustainable through deep integration with major beverage producers.

The nature of these relationships is cemented by long-term, high-volume supply contracts with automatic cost adjustments. Management noted that following significant resets in 2024 and 2025, the North American business is now described as highly contracted and commercially resolved. This structure is key to managing input volatility; for instance, Q3 2025 revenue reflected the pass-through of higher input costs to customers. This mechanism helps stabilize margins, evidenced by the full-year Adjusted EBITDA guidance being raised to $720-$735 million for 2025.

The focus on innovation is a shared value proposition. The beverage can continues to benefit from innovation and share gains in customers' packaging mix, contributing to overall volume growth. This collaborative effort is essential, as Ardagh Metal Packaging S.A. is a leading global supplier of sustainable and infinitely recyclable metal beverage cans.

The service model requires high-touch service to ensure supply chain flexibility and reliability. The company's ability to manage global volumes, despite regional variations-like the 17% volume decline in Brazil in Q3 2025 offset by growth in Europe and North America-shows this operational agility is critical for keeping major customers supplied. The company maintained a strong total liquidity position of $627 million at September 30, 2025, which underpins this reliability.

Ultimately, the relationship is strategic, not transactional, due to high switching costs. The sheer scale of the required infrastructure investment by Ardagh Metal Packaging S.A. and the integration into a customer's packaging line create significant barriers for a brand owner to switch suppliers. This strategic alignment is supported by consistent capital allocation, with expectations for total capital expenditure in 2025 of approximately $200 million, of which about one-third relates to growth investment. The company also maintained its regular quarterly ordinary dividend at $0.10 per share through Q3 2025, signaling stability to its partners.

Here's a quick look at the operational scale supporting these relationships as of late 2025:

Metric	Value (Q3 2025 or Latest Available)	Context
Q3 2025 Revenue	$1,428 million	Total revenue for the quarter
Full Year 2025 Adjusted EBITDA Guidance	$720-$735 million	Upgraded guidance for the full fiscal year
Net Debt to Adjusted EBITDA Ratio	5.2x	Ratio as of September 30, 2025
Global Shipments Growth (YTD vs. Prior Period)	Up over 3%	Year-to-date growth through Q3 2025
Total Liquidity	$627 million	Position at September 30, 2025

The reliance on these large partners means that contract resets, such as those experienced in 2024 and 2025, are a key focus, with management suggesting 2026 might be a transition year following these events. The strength of the customer base is also reflected in the company's high ranking within its industry.

• Quant Industry Ranking (as of 11/28/2025): 2 out of 10.
• North America Shipments Growth (Q3 2025): 1%.
• Europe Shipments Growth (Q3 2025): 2%.
• Dividend per Ordinary Share (Q3 2025): $0.10.

Finance: draft 13-week cash view by Friday.

Ardagh Metal Packaging S.A. (AMBP) - Canvas Business Model: Channels

You're looking at how Ardagh Metal Packaging S.A. (AMBP) gets its infinitely recyclable metal beverage cans and ends into the hands of the brand owners, which is a massive, physical undertaking. The primary channel is direct, moving product straight from the factory floor to the customer's bottling line.

Direct sales and distribution from 23 manufacturing plants define the core physical channel. Ardagh Metal Packaging (AMP) operates 23 metal beverage production facilities. These plants are strategically located across nine countries to serve their key markets in Europe and the Americas. This physical footprint is the backbone of their ability to supply high-volume beverage producers.

The sales function relies on dedicated personnel to manage these large-scale, ongoing customer relationships. While the exact size of the sales force isn't public, we know the company employs more than 6,000 people globally to support operations, which includes the necessary commercial and technical support staff. These teams manage relationships with a wide variety of leading beverage producers across categories like beer, carbonated soft drinks, energy drinks, and hard seltzers.

The movement of product is managed through an integrated logistics network for just-in-time delivery to bottlers. This network spans their operational regions, primarily Europe and the Americas, ensuring that the cans arrive when needed to meet the fast-paced production schedules of their customers. The focus on volume growth, with shipments expected to rise between 2% and 3% in 2025, underscores the importance of this efficient physical flow.

For the financial community, the Investor Relations website for financial communication serves as a critical, non-physical channel. You can find the release of the Third Quarter 2025 results and related materials on their investor relations website, ir.ardaghmetalpackaging.com. This channel delivered key forward-looking guidance, projecting full year 2025 Adjusted EBITDA between $705 million and $725 million.

Here's a quick look at the scale of the physical channel as of late 2025, based on the latest reported figures:

Metric	Value	Context
Metal Beverage Production Facilities	23	Global Footprint
Countries of Operation	9	Geographic Reach
Total Employees	More than 6,000	Supporting Sales and Operations
2024 Sales	$4.9 billion	Prior Year Revenue Scale
2025 Expected Shipments Growth	2% to 3%	Volume Channel Demand

The customer engagement through these channels is supported by technical service and a graphics portal, which are part of the regional service offerings for customers in the Americas and Europe. These digital tools help streamline the process once the initial sales relationship is established.

• Serve categories including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters and wine.
• Key regions served are Europe and the Americas.
• Investor communications are centralized on the IR website, with key documents like the Q3 2025 Earnings Release available there.

Ardagh Metal Packaging S.A. (AMBP) - Canvas Business Model: Customer Segments

You're looking at the core customer base for Ardagh Metal Packaging S.A. (AMBP) as of late 2025, based on their recent performance metrics. The business model clearly leans on large-scale beverage producers across the Americas and Europe, with specific categories driving the most growth.

Large, multinational Carbonated Soft Drink (CSD) companies represented a segment with solid, though moderating, demand. In North America during the second quarter of 2025, growth in carbonated soft drinks was noted, though by the third quarter, management indicated this was 'a bit less in the second half' compared to the strong first half.

Global and regional beer brewers showed mixed results. While there was 'broad-based performance in beer' in the first quarter of 2025, the beer market weakened in the second half of the year. Specifically, in Brazil, which is a key market, volumes saw a sharp decline of 17% in the third quarter of 2025 as the industry faced a weak consumer backdrop.

High-growth beverage brand owners, particularly in non-alcoholic segments, were a major driver of volume. The energy drinks category in North America delivered double-digit percentage growth in the second quarter of 2025. Sparkling waters also showed strong growth in that same quarter. The cocktail segment is noted for its innovation, which serves as a tailwind for can adoption.

Brand owners prioritizing sustainable and circular packaging are influencing substrate choice across the board. The beverage can continues to take share from glass and plastic in both Europe and North America, driven by sustainability concerns from major customers and consumers. This trend supports the overall global volume growth, which was up over 3% year-to-date as of the third quarter of 2025.

Here's a quick look at how the geographic segments, which house these customer types, performed in the third quarter of 2025:

Metric	Europe (Q3 2025)	Americas (Q3 2025)	Global (Q3 2025)
Revenue (in $ millions)	$625 million	$803 million	$1,428 million
Shipments Change vs. Prior Year	+2% growth	-3% decline	-1% decline
Adjusted EBITDA (in $ millions)	$82 million	Not specified	$208 million
North America Shipments Change vs. Prior Year	N/A	+1% growth	N/A

The company's operational footprint directly supports these segments:

• Total production facilities: 23 across 9 countries.
• Total employees: Approximately 6,300.
• Full-year 2025 shipments growth forecast: Around 3%.

Ardagh Metal Packaging S.A. (AMBP) - Canvas Business Model: Cost Structure

You're looking at the cost side of Ardagh Metal Packaging S.A. (AMBP), and honestly, it's dominated by the physical reality of making billions of cans. The structure is capital-intensive, which means you have big, unavoidable fixed costs alongside the costs that swing with every can you ship.

High variable costs dominated by aluminum and raw material procurement

The single biggest driver of variable cost is the raw material itself-aluminum sheet. While I don't have the exact percentage of revenue that goes to aluminum procurement for 2025, you know that aluminum pricing volatility is a key risk factor that directly hits your bottom line. The company has to manage this through pass-through mechanisms, but timing mismatches can still cause short-term pressure on margins, as seen in past quarters with input cost recovery timing.

Significant fixed costs from operating 23 manufacturing facilities

Running a global footprint means substantial fixed overhead. Ardagh Metal Packaging S.A. operates 23 metal beverage can production facilities across nine countries. That scale locks in costs related to facility maintenance, property taxes, and the base operational structure, regardless of minor fluctuations in order volume.

Capital expenditure (capex) of approximately $200 million expected for 2025

The investment cycle, while perhaps easing from peak years, still requires significant outlay to maintain and modernize the asset base. For fiscal year 2025, Ardagh Metal Packaging S.A. expects total capital expenditure (capex) to be approximately $200 million. That's a major cash commitment before you even look at debt service.

Labor and energy costs for a global, industrial operation

As a global, industrial operation, labor and energy are non-trivial fixed and semi-variable costs. Ardagh Metal Packaging S.A. employs more than 6,000 people across its network. Furthermore, the CEO specifically called out the 'energy cost piece' as a component of the fundamental cost structure, meaning energy prices are a constant focus for cost control and negotiation.

Here's a quick look at some of the key financial metrics that frame these costs:

Metric	Value (as of late 2025 data)	Context
Total Expected Capex for 2025	$200 million	Total investment planned for the year
Number of Manufacturing Facilities	23	Global operational footprint
Net Debt to Adjusted EBITDA Ratio	5.2x	As of September 30, 2025
Employees Globally	More than 6,000	Labor base for operations

Interest expense on substantial net debt, which is at 5.2x Adjusted EBITDA

This is where the capital structure directly impacts the P&L. Even with operational improvements, the cost of servicing the debt load is significant. As of the third quarter of 2025, the Net debt to Adjusted EBITDA ratio stood at 5.2x. That leverage means interest expense consumes a substantial portion of operating profit, which is why debt reduction remains a management priority.

You need to watch how that 5.2x leverage moves, as it dictates the size of the interest payment you'll face, which is a fixed cost that doesn't care about your can shipments.

Ardagh Metal Packaging S.A. (AMBP) - Canvas Business Model: Revenue Streams

Ardagh Metal Packaging S.A. (AMBP) generates revenue primarily through the sales of sustainable, infinitely recyclable metal beverage cans and ends to brand owners globally. This is the fundamental value exchange in the business model.

Revenue growth is a function of two main levers: volume/mix changes and the ability to implement input cost pass-through mechanisms with customers. The performance across the geographic segments directly impacts the top line. For instance, the second quarter of 2025 showed strong regional contributions.

Segment	Q2 2025 Revenue (Reported)	Q2 2025 Revenue Growth (Reported)
Americas	$840 million	21%
Europe	$615 million	9%

The total reported revenue for the second quarter ended June 30, 2025, was $1,455 million. By the third quarter ended September 30, 2025, revenue increased to $1,428 million, reflecting a 9% increase year-over-year.

The company's financial outlook reflects this momentum. Following strong Q2 and Q3 performance, Ardagh Metal Packaging S.A. raised its full-year Adjusted EBITDA guidance to $720-$735 million for 2025. This guidance upgrade was based on improved underlying performance and favorable currency movements observed through the third quarter.

Shareholder returns are also a component of the financial structure, supported by consistent cash generation:

• Quarterly ordinary dividend payments were approved at $0.10 per ordinary share in October 2025, payable in November 2025.
• The Q2 2025 Americas Adjusted EBITDA climbed 34% to $133 million.
• The TTM revenue as of late 2025 is reported around $5.35 Billion USD.
• Global beverage can shipments growth for the full year 2025 is still expected to be between 3% and 4%.