Ardagh'S Glass Revenue Increases By 12% In Q2

Ardagh’s glass division reported a 12% increase in revenue for the second quarter of this year compared to the same period in 2014. Its glass division revenue was €814 million in the quarter but at constant currency was a decline of 2%. Its Glass Packaging North America revenue of €453 million increased by 22% from the same period last year at actual exchange rates and was 3% lower on a constant currency basis. Glass Packaging Europe revenue in the quarter increased by 1% to €361 million compared with the same period in 2014 and was 2% lower at constant currency. During the six months to the end of June, Ardagh completed its acquisition of Verallia North America and sold off six former Anchor Glass plants and related assets. Ardagh also completed the sale of two peripheral businesses in Australia/New Zealand and Samoa in order to focus on its glass and metal operations in Europe and North America.

Author
Un-named
Origin
Unknown
Journal Title
www.Glass-International.com
Sector
Container glass
Class
C 5562

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Ardagh'S Glass Revenue Increases By 12% In Q2
www.Glass-International.com
C 5562
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