LUXEMBOURG (AP) _ Ardagh Group SA (ARD) on Thursday reported fourth-quarter net income of $1.41 billion, after reporting a loss in the same period a year earlier.
On a per-share basis, the Luxembourg-based company said it had profit of $5.94. Earnings, adjusted for one-time gains and costs, were 39 cents per share.
The packaging company posted revenue of $1.58 billion in the period.
For the year, the company reported net income of $1.46 billion, or $6.17 per share, swinging to a profit in the period. Revenue was reported as $6.66 billion.
Ardagh Group expects full-year earnings in the range of $1.48 to $1.64 per share.
Ardagh Group shares have climbed roughly 7% since the beginning of the year. The stock has climbed 65% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARD at https://www.zacks.com/ap/ARD
Automated Insights, source Associated Press News