Ardagh Group S.A. (ARD) CEO Paul Coulson on Q4 2021 Results - Earnings Call Transcript

Feb. 26, 2022 1:56 PM ETArdagh Group S.A. (ARD)
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Ardagh Group S.A. (NYSE:ARD) Q4 2021 Earnings Conference Call February 24, 2022 11:00 AM ET

Company Participants

Paul Coulson - CEO

John Sheehan - CFO

Shaun Murphy - COO

Conference Call Participants

Richard Kus - Jefferies


Good day, and welcome to the Ardagh Group Fourth Quarter 2021 Investor Call. Today's conference is being recorded.

At this time, I'd like to turn the conference over to Mr. Paul Coulson, Chairman and CEO of Ardagh Group. Please go ahead, sir.

Paul Coulson

Welcome, everybody, and thank you for joining us for Ardagh's fourth quarter bondholder call, which follows the release earlier today of our results for the quarter. We hope you remain safe and well. And I'm joined today by Shaun Murphy, our COO; and John Sheehan, our CFO. Our remarks, as always, will include certain forward-looking statements. These reflect circumstances at the time they're made, and the company expressly disclaims any obligation to update or revise any forward-looking statements. Actual results or outcomes may differ materially from those that may be expressed or implied due to a wide range of factors.

Our full year financial report can be found on our website at I should also point out that earlier today, Ardagh Metal Packaging, AMP, posted its fourth quarter earnings and held its -- has already held its earnings call. A replay of this call can be accessed at And on this call, we will not be providing any new information or discussing AMP's performance. So let me look -- turning to the results for the quarter, highlights of which were revenues of the group increased to $2 billion, an increase of 17% on a constant currency basis.

Growth in revenue was broadly evenly attributable to increased volume and mix and the pass-through of higher input costs, principally in

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