Packaging company Ardagh Group has reported a 6% pro forma rise in profit before tax for the second quarter to €379m.
Revenue, at just over €2 billion, was 1% higher on a pro forma basis.
The firm’s operating cash flow increased by 29% to €237m between the April-June period this year and in 2016.
In June, the Group issued £400m, 10-year sterling notes, representing the longest debt maturity issued to date and its first in sterling.
Proceeds, together with available cash, were used to redeem in full the $500m Senior Secured Floating Rate Notes due 2021.
Chairman Paul Coulson owns about a third of the group.
He transformed Ardagh from a small, single plant operation to a company that operates out of over 100 facilities in 22 countries.
