Earnings release
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AMP Ardagh Metal Packaging Mp Ardagh Metal Packaging S.A. – Second Quarter 2021 Results - On April 1 , 2021 , the transfer of Ardagh Group S.A.'s ( " Ardagh ” ) metal beverage packaging business to Ardagh Metal Packaging S.A. ( " AMP " ) was completed resulting in AMP becoming an unrestricted subsidiary of Ardagh . AMP today announced results for the quarter ended June 30 , 2021 , as derived from the group consolidation of Ardagh . Revenue ( 1 ) Adjusted EBITDA ( 1 ) Revenue ( 1 ) Adjusted EBITDA ( 1 ) Three months ended June 30 , Change Constant Currency 2021 2020 $ ' m $ ' m 991 830 19 % 173 139 24 % 14 % 18 % Six months ended June 30 , Change Constant Currency 2021 2020 $ ' m $ ' m 1,930 1,659 16 % 321 254 26 % 12 % 21 % Revenue growth of 14 % at constant exchange rates to $ 991 million , with Americas increasing by 21 % and Europe by 7 % . Adjusted EBITDA growth for the quarter of 18 % to $ 173 million at constant currency , with Americas increasing by 27 % and Europe by 10 % . LTM Adjusted EBITDA to June 30 , 2021 increased to $ 613 million , from $ 545 million at December 31 , 2020 . Global beverage can shipment growth of 3 % in the quarter , after a cyber security impact of 4 % , and measured against a strong comparable . Year to date beverage can shipment growth of 5 % . Specialty can growth of 16 % , with double - digit gains in all regions . Specialty cans represented 46 % of total shipments during the quarter , reflecting the Group's continued investment program . Demand remains strong across all segments and output is fully sold in all regions , supported by our customers ' and end consumers ' desire for sustainable packaging solutions . Growth investment projects to address capacity constraints are progressing well in each of our markets , with two new high- speed specialty lines ramping up in Olive Branch ( MS ) , and large projects under way in Winston - Salem ( NC ) and Huron ( OH ) . Multiple growth projects underway and fully on track in Europe and Brazil . New $ 300 million ABL facility to be executed imminently , augmenting cash on hand of $ 0.6 billion at June 30 , 2021 . Important social sustainability initiative launched with Project Lead the Way , promoting STEM education in all schools in the communities in which we operate across North America . In February 2021 , AMP entered into a definitive agreement for a business combination with Gores Holdings V , Inc. ( NASDAQ : GRSV , GRSVU and GRSVW ) . Stockholders to vote on proposed business combination on August 3 , 2021. If approved , shares of AMP will begin trading on the New York Stock Exchange ( " NYSE ” ) under the ticker " AMBP " on August 5 , 2021 . Full year 2021 Adjusted EBITDA guidance will be at least in line with the previously guided $ 654 million . Third quarter Adjusted EBITDA guidance of approximately $ 170 million ( Q3 2020 : $ 151 million ) . 1 Ardagh Metal Packaging M