Higher input costs and the effect of poor weather on canned drinks sales in Europe impacted the results of metal and glass packaging manufacturer Ardagh Group in the second quarter. This was offset by higher beverage can volumes, up 1 per cent. Overall revenue was down 3 per cent at US$2.27 billion, but was up 1 per cent on a constant currency basis, said the company, which is based in Dublin, Ireland. Net profit was up by 19 per cent at $69m. This was in line with chief executive Paul Coulson's expectations, he said.
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