Ardagh Glass Packaging (AGP) is projecting up to a 20% increase in adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) and up to a 60% surge in adjusted operating cash flow over the next five years.
This is part of Clearly Ardagh, a programme intended to reshape its operations and strengthen its global competition position.
The plan centres on matching production capacity more closely to market demand, improving efficiency across its operations, developing commercial relationships and embedding a performance-focused workplace culture.
The programme will involve targeted capital investment, commercial and operational upgrades.
The group also intends to lift capital expenditure from 6% of total revenue to 9% in 2026. It plans to keep spending at that proportion of annual revenue on average through to 2030 to support infrastructure and preserve core assets.
AGP said the initiative rests on four main elements, ranging from strategic capacity and network evolution to people-powered culture.
Ardagh Group chief commercial officer and chief transformation officer Timur Colak said: "By focusing on end-to-end performance and investing in our people and assets, we are building a more resilient, efficient and high-performing organisation.
"This initiative will enable us to better meet customer needs, enhance our operational capability, and solidify our position as a key player in the global glass packaging industry."
