Oddo BHF - Ardagh : Not so expensive anymore

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Oddo BHF

Joan Sehim

Ardagh : Not so expensive anymore

Ardagh’s profitability started to slip in Q4 2021 amid higher aluminum and energy costs, while Q1 2022 should be worse amid increasing inflationary pressures. Still, the company is an attractive investment vehicle to weather the current challenging environment, being backed by increasing demand/production capacities in metal cans, contractual adjustment in selling prices as well as upcoming asset disposals and capital increase at AMP level. We expect a reversal in the negative pr...

14/04/2022 1 FR

Provider

Oddo BHF

Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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Analysts

Joan Sehim

Other Reports from Oddo BHF

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Ardagh : Not so expensive anymore

Santander : The Cantabrian 'bison' is making a strong comeback!

Santander : Le retour en force du ‘bison’ de Cantabrie se confirme !

Credit Morning 07/28/2025

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