Ardagh Group SA (NYSE: ARD) stock enhanced over 0.4% on 29^th October 2018 (as on 11:01 AM GMT-4 ·; Source: Google Finance) reflecting strong growth in Metal Packaging Americas, with all parts of that business performing very well. Revenue of $2,390 million for the quarter ended September 30, 2018 represented an increase of 3%, compared with the same period last year. The increase in revenue reflected the pass through of increased input costs and favorable volume/mix growth of 1%, partly offset by IFRS 15 effects. Third quarter Adjusted EBITDA of $400 million decreased by 9%, compared with the same period last year.

Coming to the metal packaging in Europe, the revenue of $952 million increased by 1% in the three-month period ended September 30, 2018, compared with the same period last year. The increase principally reflected the pass through of higher input costs and marginally favorable volume/mix growth, partly offset by IFRS 15 effects. Adjusted EBITDA for the quarter of $151 million decreased by 17%, compared with same period last year. This decrease reflected a weak food harvest as well as increased costs compared with the third quarter of 2017, which included a pension-related credit of $10 million. In the metal packaging in America, the Revenue increased by 14% to $585 million in the third quarter of 2018, compared with the same period last year. The increase was attributable to favorable volume/mix effects and the pass through of higher input costs. Adjusted EBITDA of $79 million increased by 5% compared with the same period last year.

The revenues in the glass packaging in Europe are $420 million increased by 1% at constant currency rates, in the three-month period ended September 30, 2018, compared with the same period last year. Adjusted EBITDA for the quarter of $103 million was unchanged at constant exchange rates, compared with the same period last year. And glass packaging in North America had revenues which decreased by 3% to $433 million in the third quarter, compared with the same period last year, principally reflecting lower volumes. Adjusted EBITDA decreased by 16% to $67 million in the third quarter, compared with the same period in 2017, mainly as a result of lower volume/mix effects, as well as higher freight and logistics costs and the cost of planned production downtime.