LUXEMBOURG (AP) _ Ardagh Group SA (ARD) on Thursday reported first-quarter profit of $3 million.

The Luxembourg-based company said it had profit of 1 cent per share. Earnings, adjusted for non-recurring costs, were 37 cents per share.

The packaging company posted revenue of $1.77 billion in the period.

Ardagh Group shares have risen 60% since the beginning of the year. The stock has more than doubled in the last 12 months.

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