• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Amcor closes Berry Global merger, reports third quarter result and updates fiscal 2025 outlook

    4/30/25 4:11:00 PM ET
    $AMCR
    Miscellaneous manufacturing industries
    Consumer Discretionary
    Get the next $AMCR alert in real time by email

    March 2025 Quarter Highlights:

    • Net sales of $3,333 million;
    • GAAP Net income of $196 million; GAAP diluted earnings per share (EPS) of 13.6 cps;
    • Adjusted EBIT of $384 million, in line with last year on a comparable constant currency basis; and
    • Adjusted EPS of 18.0 cps, up 5% on a comparable constant currency basis.

    YTD Highlights - Nine Months Ended March 31, 2025:

    • Net sales of $9,927 million;
    • GAAP Net income of $550 million; GAAP diluted EPS of 38.0 cps;
    • Adjusted EBIT of $1,112 million, up 3% on a comparable constant currency basis; and
    • Adjusted EPS of 50.3 cps, up 5% on a comparable constant currency basis.

    Fiscal 2025 outlook - inclusive of merger related impacts in May and June of the fourth quarter:

    • Adjusted EPS of 72-74 cents per share;  Adjusted Free Cash Flow of $900-1,000 million.

    ZURICH, April 30, 2025 /PRNewswire/ --

    Positioned for faster start on integration with Berry Global merger closed earlier than anticipated.

    Amcor CEO Peter Konieczny said, "Today is a defining day for Amcor as we closed our transformational merger with Berry Global. Through this combination, Amcor has enhanced positions in attractive categories, a broader, more complete customer offering and expanded material science and innovation capabilities.  As a result, we believe we are now uniquely positioned to deliver more consistent and sustainable organic growth and further improve margins, in line with our strategy." 

    "In less than six months, our teams successfully worked through a great deal of complexity to close earlier than we anticipated, while also delivering another quarter of earnings growth from the underlying Amcor business in a challenging environment. I want to thank the Amcor and Berry teams for their commitment and hard work, and for setting our company up for a faster start on synergy delivery and growth." 

    "We have significant control over delivery of synergies, and through dedicated workstream teams, we are now executing against well developed plans to capture $650 million in identified cost, financial, and growth synergies over three years. In fiscal 2026, before taking into account growth in the underlying business, we expect delivery of $260 million of pre-tax synergies alone to drive adjusted EPS accretion of approximately 12 percent. This is day one of an exciting and strong future for Amcor and all our stakeholders."  

     

    Key Financials











    Nine Months Ended March 31,

    GAAP results











    2024 $ million



    2025 $ million

    Net sales











    10,105



    9,927

    Net income attributable to Amcor plc











    473



    550

    EPS (diluted US cents)











    32.7



    38.0























    Nine Months Ended March 31,



    Reported ∆%



    Comparable

    constant

    currency ∆%

    Adjusted non-GAAP results(1)



    2024 $ million



    2025 $ million





    Net sales



    10,105



    9,927



    (2)



    —

    EBITDA



    1,412



    1,397



    (1)



    1

    EBIT



    1,106



    1,112



    1



    3

    Net income



    710



    728



    3



    5

    EPS (diluted US cents)



    49.1



    50.3



    2



    5

    Free Cash Flow



    115



    (17)









     

    (1) Adjusted non-GAAP results exclude items which are not considered representative of ongoing operations. Comparable constant currency ∆% excludes the impact of movements in foreign exchange rates and items affecting comparability.  Further details related to non-GAAP measures and reconciliations to GAAP measures can be found under "Presentation of non-GAAP information" in this release. 

    Note:  All amounts referenced throughout this document are in US dollars unless otherwise indicated and numbers may not add up precisely to the totals provided due to rounding.

    Shareholder returns

    Dividend

    The Amcor Board of Directors today declared a quarterly cash dividend of 12.75 cents per share (compared with 12.5 cents per share in the same quarter last year). The dividend will be paid in US dollars to holders of Amcor's ordinary shares trading on the NYSE. Holders of CDIs trading on the ASX will receive an unfranked dividend of 19.97 Australian cents per share, which reflects the quarterly dividend of 12.75 cents per share converted at an AUD:USD average exchange rate of 0.6385 over the five trading days ended April 28, 2025.

    The ex-dividend date will be May 21, 2025 for holders of CDIs trading on the ASX and May 22, 2025 for holders of shares trading on the NYSE.  For all shareholders, the record date will be May 22, 2025 and the payment date will be June 10, 2025. 

    Financial results - Nine Months Ended March 31, 2025

    Segment information



    Nine Months Ended March 31, 2024

    Nine Months Ended March 31, 2025

    Adjusted non-GAAP

    results

    Net sales

    $ million

    EBIT

    $ million

    EBIT /

    Sales %

    EBIT / Average

    funds employed

    %(1)

    Net sales

    $ million

    EBIT

    $ million

    EBIT /

    Sales %

    EBIT / Average

    funds employed

    %(1)

    Flexibles

    7,646

    992

    13.0



    7,667

    1,008

    13.1



    Rigid Packaging

    2,459

    184

    7.5



    2,260

    171

    7.6



    Other(2)

    —

    (70)





    —

    (67)





    Total Amcor

    10,105

    1,106

    10.9

    14.7

    9,927

    1,112

    11.2

    15.0



    (1) Return on average funds employed includes shareholders' equity and net debt, calculated using a four quarter average and last twelve months adjusted EBIT.

    (2) Represents corporate expenses.

    Nine months ended March 31, 2025:

    Net sales of $9,927 million were 2% lower than last year on a reported basis, including an unfavorable impact of approximately 1% related to movements in foreign exchange rates and an unfavorable impact of approximately 1% related to items affecting comparability.  The pass through of lower raw material costs had no material impact on net sales.  

    Volumes were up 1% compared with the same nine month period last year.  Price/mix had an unfavorable impact of approximately 1%, primarily due to expected lower volumes in high value healthcare categories in the first half of the year.  On a comparable constant currency basis, net sales were in line with last year.

    Adjusted EBIT of $1,112 million was 3% higher than last year on a comparable constant currency basis reflecting higher volumes and strong cost performance, partly offset by unfavorable impacts from price/mix.  Adjusted EBIT margin improved to 11.2%, a 30 basis point increase over the prior year.

    March 2025 quarter:

    Net sales of $3,333 million were 2% lower than last year on a reported basis, including an unfavorable impact of approximately 2% related to movements in foreign exchange rates, an unfavorable impact from items affecting comparability of approximately 1% and a favorable impact of approximately 1% related to the pass through of higher raw material costs of approximately $45 million.

    Volumes were in line with last year with weak consumer demand offset by modest share gains.  By region, volumes generally softened sequentially in North America, including in the North America beverage business.    Across all other regions, volume growth in the Flexibles and Rigid Packaging segments remained in the low to mid single digit range.  Price/mix had a marginally favorable impact on net sales, reflecting improved volume growth in high value healthcare categories as expected. On a comparable constant currency basis, net sales were 0.4% higher than last year.

    Adjusted EBIT of $384 million was 0.4% higher than last year on a comparable constant currency basis with benefits from continued strong cost performance partly offset by unfavorable earnings impacts from price/mix.  Adjusted EBIT margin of 11.5% was in line with last year.

    Flexibles segment - March 2025 quarter



    Three Months Ended March 31,



    Reported

    ∆%



    Comparable

    constant

    currency ∆%





    2024 $ million

    2025 $ million





    Net sales



    2,598

    2,605



    —



    1

    Adjusted EBIT



    358

    357



    —



    2

    Adjusted EBIT / Sales %



    13.8

    13.7









    Net sales of $2,605 million were up modestly compared with last year on a reported basis, including an unfavorable impact of approximately 2% related to movements in foreign exchange rates and a favorable impact of approximately 2% related to the pass through of higher raw material costs. 

    Volumes were up approximately 1% compared with the prior year with modest share gains in several categories including healthcare and protein partly offset by weaker consumer demand primarily in North America.  Volumes generally softened sequentially in North America while volume growth across all other key regions remained in the low to mid single digit range.  As expected, destocking in healthcare categories is essentially complete and March quarter volumes increased compared with last year.  Price/mix had a favorable impact on net sales of approximately 1%, reflecting improved growth in high value healthcare categories, as expected.  On a comparable constant currency basis net sales were 1.4% higher than last year.

    In North America, net sales declined at low single digit rates on a comparable constant currency basis driven by lower volumes.  Volumes were higher across categories including healthcare, fresh and frozen foods, meat and liquids. This was more than offset by lower volumes in categories including home & personal care, beverage overwrap and confectionary.

    In Europe, net sales grew at mid single digit rates on a comparable constant currency basis driven by low single digit volume growth and favorable price/mix.  Volumes were higher in the pet care, medical, single serve coffee, home & personal care and dairy end markets and this was partly offset by lower volumes in snacks & confectionary.

    Across Asia, net sales grew at mid single digit rates on a comparable constant currency basis primarily driven by continued mid to high single digit volume growth in China and India.  In Latin America, net sales grew at low single digit rates on a comparable constant currency basis primarily driven by volume growth in Peru and Chile.

    Adjusted EBIT of $357 million was 2% higher than last year on a comparable constant currency basis, driven by higher volumes and strong cost performance, partly offset by unfavorable earnings impacts from price/mix.  Adjusted EBIT margin of 13.7% was in line with last year.

    Flexibles segment - March YTD



    Nine Months Ended March 31,



    Reported

    ∆%



    Comparable

    constant

    currency ∆%





    2024 $ million

    2025 $ million





    Net sales



    7,646

    7,667



    —



    1

    Adjusted EBIT



    992

    1,008



    2



    3

    Adjusted EBIT / Sales %



    13.0

    13.1









    Net sales of $7,667 million were up modestly compared with last year on a reported basis.  Unfavorable movements in foreign exchange rates and favorable impacts related to the pass through of higher raw material costs each had an offsetting impact on net sales of approximately 1%. 

    Volumes were up approximately 2% compared with the prior year with growth delivered across all key regions. Price/mix had an unfavorable impact on net sales of less than 2%, primarily due to lower volumes in high value healthcare categories in the first half of the year.  On a comparable constant currency basis net sales grew by less than 1% compared with last year.

    In North America, net sales were in line with last year on a comparable constant currency basis, with low single digit volume growth offset by unfavorable price/mix. 

    In Europe, net sales grew low single digit compared with last year on a comparable constant currency basis, driven by mid single digit volume growth offset by unfavorable price/mix.

    Across Asia, net sales on a comparable constant currency basis and volumes increased at mid single digit rates with growth in China and India partly offset by lower volumes in South East Asia.  In Latin America, net sales on a comparable constant currency basis and volumes increased at low to mid single digit rates, largely driven by growth in Peru, Brazil and Chile.

    Adjusted EBIT of $1,008 million was approximately 3% higher than last year on a comparable constant currency basis.  The positive impact of higher volumes, favorable cost performance and benefits from restructuring initiatives was partly offset by unfavorable price/mix.  Adjusted EBIT margin of 13.1% was broadly in line with last year.

    Rigid Packaging segment - March 2025

    quarter



    Three Months Ended March 31,



    Reported

    ∆%



    Comparable

    constant

    currency ∆%



    2024 $ million

    2025 $ million





    Net sales



    813

    728



    (10)



    (3)

    Adjusted EBIT



    71

    55



    (22)



    (12)

    Adjusted EBIT / Sales %



    8.7

    7.6









    Note: March quarter 2024 includes an approximately $45 million of net sales and approximately $5 million of adjusted EBIT related to Amcor's 50% interest in the Bericap Joint Venture which was divested in December 2024.

    Net sales of $728 million were 10% lower than last year on a reported basis, including an unfavorable impact of 2% related to movements in foreign exchange rates, a favorable impact of approximately 1% related to the pass through of higher raw material costs of approximately $5 million and an unfavorable impact of approximately 6% related to the divestment of Amcor's 50% interest in the Bericap Joint Venture in December 2024.  

    On a comparable constant currency basis, net sales were approximately 3% lower than last year reflecting approximately 2% lower volumes and an unfavorable price/mix impact of approximately 1%.

    Consumer and customer demand generally softened sequentially in the North America beverage business, and comparable net sales were lower than the prior year, reflecting volume declines at high single digit rates and modestly unfavorable price/mix.  In Latin America, net sales were up high single digits on a comparable constant currency basis reflecting mid single digit volume growth and favorable price/mix.   Volumes in the Specialty Containers business were higher than last year.

    Adjusted EBIT of $55 million was 12% lower than last year on a comparable constant currency basis, reflecting lower volumes and unfavorable price/mix, partly offset by cost benefits net of sequentially higher labor costs.

    Rigid Packaging segment - March YTD



    Nine Months Ended March 31,



    Reported

    ∆%



    Comparable

    constant

    currency ∆%





    2024 $ million

    2025 $ million





    Net sales



    2,459

    2,260



    (8)



    (3)

    Adjusted EBIT



    184

    171



    (7)



    (1)

    Adjusted EBIT / Sales %



    7.5

    7.6









    Net sales of $2,260 million were 8% lower than last year on a reported basis, including an unfavorable impact of approximately 2% related to movements in foreign exchange rates, an unfavorable impact of approximately 1% related to the pass through of lower raw material costs of approximately $35 million and an unfavorable impact of approximately 2% related to the divestment of Amcor's 50% interest in the Bericap Joint Venture in December 2024.  

    On a comparable constant currency basis, net sales were approximately 3% lower than last year reflecting approximately 2% lower volumes and an unfavorable price/mix impact of approximately 1%. 

    North America beverage comparable constant currency net sales and volumes declined in the high single digit range and price/mix was modestly unfavorable.  In Latin America, net sales on a comparable constant currency basis were up mid single digits, primarily reflecting favorable price/mix benefits.  Across the balance of the Rigid Packaging business volumes were higher than last year.

    Adjusted EBIT of $171 million was approximately 1% lower than last year on a comparable constant currency basis, with the impact of lower volumes and unfavorable price/mix partly offset by favorable cost performance.  Adjusted EBIT margin of 7.6% was 10 basis points higher than last year.

    Net interest and income tax expense

    For the nine months ended March 31, 2025, GAAP net interest expense of $222 million compares with $232 million last year.  Adjusted net interest expense for the nine months ended March 31, 2025 of $218 million compares with $232 million last year.   GAAP income tax expense was $141 million compared with $107 million last year. Adjusted tax expense for the nine months ended March 31, 2025 of $159 million compared with $158 million last year. Adjusted tax expense for the nine months ended March 31, 2025 represents an effective tax rate of 17.8%, compared with 18.1% in the prior year.

    Adjusted Free Cash Flow

    For the nine months ended March 31, 2025, adjusted free cash outflow was $17 million and compares with an inflow of $115 million last year.  Cash flow was unfavorably impacted by higher inventories, which reflects weaker sales volumes in the March quarter.

    Net debt was $6,752 million at March 31, 2025 and leverage, measured as net debt divided by adjusted trailing twelve month EBITDA, was 3.5 times.  Movements in exchange rates toward the end of the quarter had an adverse impact on net debt and increased leverage by approximately 0.1 times compared with the company's expectations. The expected near term impact of the merger on leverage remains unchanged, and the company now expects leverage to be ~3.4 times at June 30, 2025.

    Fiscal 2025 Guidance

    For the twelve month period ending June 30, 2025, inclusive of merger related impacts in May and June of the fourth quarter:

    • Adjusted EPS range narrowed to approximately 72 to 74 cents per share; and
    • Adjusted Free Cash Flow of approximately $900 million to $1,000 million.

    Amcor's guidance contemplates a range of factors which create a degree of uncertainty and complexity when estimating future financial results. Further information can be found under 'Cautionary Statement Regarding Forward-Looking Statements' in this release.  Reconciliations of the fiscal 2025 projected non-GAAP measures are not included herein because the individual components are not known with certainty as individual financial statements for fiscal 2025 have not been completed. 

    Conference Call

    Amcor is hosting a conference call with investors and analysts to discuss these results on Wednesday April 30, 2025 at 5:30pm US Eastern Standard Time / Thursday May 1, 2025 at 7:30am Australian Eastern Standard Time. Investors are invited to listen to a live webcast of the conference call at our website, www.amcor.com, in the "Investors" section.

    Those wishing to access the call should use the following toll-free numbers, with the Conference ID: 2990465

    • USA: 800 715 9871 (toll free)
    • USA: 646 307 1963 (local)
    • Australia: 1800 519 630 (toll free), 02 9133 7103 (local)
    • United Kingdom: 0800 358 0970 (toll free), 020 3433 3846 (local)
    • Singapore: +65 3159 5133 (local)
    • Hong Kong: +852 3002 3410 (local)

    From all other countries, the call can be accessed by dialing +1 646 307 1963 (toll).

    A replay of the webcast will also be available in the 'Investors" section at www.amcor.com following the call.

     

    Amcor plc UK Establishment Address: 83 Tower Road North, Warmley, Bristol, England, BS30 8XP, United Kingdom

    UK Overseas Company Number: BR020803

    Registered Office: 3rd Floor, 44 Esplanade, St Helier, JE4 9WG, Jersey

    Jersey Registered Company Number: 126984, Australian Registered Body Number (ARBN): 630 385 278

     

    U.S. GAAP Condensed Consolidated Statements of Income (Unaudited)







    Three Months Ended March 31,

    Nine Months Ended March 31,

    $ in millions, except per share data



    2024



    2025

    2024



    2025

    Net sales



    3,411



    3,333

    10,105



    9,927

    Cost of sales



    (2,719)



    (2,679)

    (8,147)



    (7,988)

    Gross profit



    692



    654

    1,958



    1,939

    Selling, general, and administrative expenses



    (330)



    (303)

    (931)



    (913)

    Research and development expenses



    (25)



    (27)

    (80)



    (82)

    Restructuring, transaction and integration expenses



    (30)



    (32)

    (82)



    (71)

    Other income/(expenses), net



    —



    21

    (46)



    49

    Operating income



    307



    313

    819



    922

    Interest expense, net



    (79)



    (75)

    (232)



    (222)

    Other non-operating income/(expenses), net



    2



    (1)

    2



    (3)

    Income before income taxes and equity in

    income/(loss) of affiliated companies



    230



    237

    589



    697

    Income tax expense



    (40)



    (40)

    (107)



    (141)

    Equity in income/(loss) of affiliated companies, net of

    tax



    (1)



    —

    (3)



    1

    Net income



    189



    197

    479



    557

    Net income attributable to non-controlling interests



    (2)



    (1)

    (6)



    (7)

    Net income attributable to Amcor plc



    187



    196

    473



    550

    USD:EUR average FX rate



    0.9208



    0.9507

    0.9231



    0.9327

    Basic earnings per share attributable to Amcor



    0.129



    0.136

    0.327



    0.381

    Diluted earnings per share attributable to Amcor



    0.129



    0.136

    0.327



    0.380

    Weighted average number of shares outstanding –

    Basic



    1,439



    1,443

    1,439



    1,442

    Weighted average number of shares outstanding –

    Diluted



    1,440



    1,446

    1,440



    1,445

     

    U.S. GAAP Condensed Consolidated Statements of Cash Flows (Unaudited)







    Nine Months Ended March 31,

    ($ million)



    2024



    2025

    Net income



    479



    557

    Depreciation, amortization and impairment



    448



    399

    Net gain on disposal of businesses



    —



    (8)

    Changes in operating assets and liabilities, excluding effect of acquisitions, divestitures, and

    currency



    (680)



    (804)

    Other non-cash items



    131



    132

    Net cash provided by operating activities



    378



    276

    Purchase of property, plant and equipment and other intangible assets



    (358)



    (360)

    Proceeds from sales of property, plant and equipment and other intangible assets



    12



    9

    Business acquisitions and investments in affiliated companies, and other



    (23)



    (11)

    Proceeds from divestitures, net of cash divested



    —



    113

    Net debt proceeds



    426



    2,044

    Dividends paid



    (542)



    (550)

    Share buyback/cancellations



    (30)



    —

    Purchase of treasury shares, proceeds from exercise of options and tax withholdings for share-

    based incentive plans



    (51)



    (38)

    Other, including effect of exchange rate on cash and cash equivalents



    (44)



    (26)

    Net increase/(decrease) in cash and cash equivalents



    (232)



    1,457

    Cash and cash equivalents balance at beginning of the year



    689



    588

    Cash and cash equivalents balance at end of the period



    457



    2,045

     

    U.S. GAAP Condensed Consolidated Balance Sheets (Unaudited)



    ($ million)



    June 30, 2024



    March 31, 2025

    Cash and cash equivalents



    588



    2,045

    Trade receivables, net



    1,846



    1,969

    Inventories, net



    2,031



    2,142

    Property, plant, and equipment, net



    3,763



    3,696

    Goodwill and other intangible assets, net



    6,736



    6,587

    Other assets



    1,560



    1,603

    Total assets



    16,524



    18,042

    Trade payables



    2,580



    2,339

    Short-term debt and current portion of long-term debt



    96



    159

    Long-term debt, less current portion



    6,603



    8,638

    Accruals and other liabilities



    3,292



    3,047

    Shareholders' equity



    3,953



    3,859

    Total liabilities and shareholders' equity



    16,524



    18,042

     

    Components of Fiscal 2025 Net Sales growth





    Three Months Ended March 31,



    Nine Months Ended March 31,

    ($ million)

    Flexibles

    Rigid

    Packaging

    Total



    Flexibles

    Rigid

    Packaging

    Total

    Net sales fiscal 2025

    2,605

    728

    3,333



    7,667

    2,260

    9,927

    Net sales fiscal 2024

    2,598

    813

    3,411



    7,646

    2,459

    10,105

    Reported Growth %

    —

    (10)

    (2)



    —

    (8)

    (2)

    FX %

    (2)

    (2)

    (2)



    (1)

    (2)

    (1)

    Constant Currency Growth %

    3

    (8)

    —



    1

    (6)

    (1)

    RM Pass Through %

    2

    1

    1



    1

    (1)

    —

    Items affecting comparability %

    —

    (6)

    (1)



    —

    (2)

    (1)

    Comparable Constant Currency Growth %

    1

    (3)

    —



    1

    (3)

    —

    Acquired operations %

    —

    —

    —



    —

    —

    —

    Organic Growth %

    1

    (3)

    —



    1

    (3)

    —

    Volume %

    1

    (2)

    —



    2

    (2)

    1

    Price/Mix %

    1

    (1)

    —



    (2)

    (1)

    (1)

     

    Reconciliation of Non-GAAP Measures

    Reconciliation of adjusted Earnings before interest, tax, depreciation, and amortization (EBITDA), Earnings before interest

    and tax (EBIT), Net income, Earnings per share (EPS) and Adjusted Free Cash Flow







    Three Months Ended March 31, 2024



    Three Months Ended March 31, 2025

    ($ million)



    EBITDA



    EBIT



    Net

    Income



    EPS

    (Diluted

    US

    cents)(1)



    EBITDA



    EBIT



    Net

    Income



    EPS

    (Diluted

    US

    cents)

    Net income attributable to Amcor



    187



    187



    187



    12.9



    196



    196



    196



    13.6

    Net income attributable to non-controlling

    interests



    2



    2











    1



    1









    Tax expense



    40



    40











    40



    40









    Interest expense, net



    79



    79











    75



    75









    Depreciation and amortization



    146















    131













    EBITDA, EBIT, Net income, and EPS



    454



    308



    187



    12.9



    443



    312



    196



    13.6

    Impact of highly inflationary accounting



    4



    4



    4



    0.2



    3



    3



    3



    0.2

    Restructuring and related expenses, net(2)



    30



    30



    30



    2.1



    6



    6



    6



    0.4

    Berry transaction & integration



    —



    —



    —



    —



    26



    26



    31



    2.1

    CEO transition costs



    8



    8



    8



    0.6



    —



    —



    —



    —

    Other



    4



    4



    4



    0.4



    —



    —



    —



    —

    Amortization of acquired intangibles(3)







    43



    43



    2.9







    37



    37



    2.5

    Tax effect of above items











    (19)



    (1.3)











    (12)



    (0.8)

    Adjusted EBITDA, EBIT, Net income and EPS



    499



    397



    257



    17.8



    477



    384



    261



    18.0























    Reconciliation of adjusted growth to comparable constant currency growth





















    % growth - Adjusted EBITDA, EBIT, Net income, and EPS















    (4)



    (3)



    1



    1

    % items affecting comparability



















    1



    1



    1



    1

    % currency impact



















    2



    2



    3



    3

    % comparable constant currency growth



















    (1)



    —



    5



    5

    Adjusted EBITDA



    499















    477













    Interest paid, net



    (55)















    (40)













    Income tax paid



    (39)















    (21)













    Purchase of property, plant and equipment and

    other intangible assets



    (113)















    (117)













    Proceeds from sales of property, plant and

    equipment and other intangible assets



    1















    2













    Movement in working capital



    (225)















    (277)













    Other



    (5)















    (4)













    Adjusted Free Cash Flow



    63















    20















    (1) Calculation of diluted EPS for the three months ended March 31, 2024 excludes net income attributable to shares to be repurchased under forward contracts of $1 million.

    (2) Includes incremental restructuring and related expenses attributable to group wide initiatives to partly offset divested earnings from the Russian business.

    (3) Amortization of acquired intangible assets from business combinations.

     





    Nine Months Ended March 31, 2024



    Nine Months Ended March 31, 2025

    ($ million)



    EBITDA



    EBIT



    Net

    Income



    EPS

    (Diluted

    US

    cents)(1)



    EBITDA



    EBIT



    Net

    Income



    EPS

    (Diluted

    US

    cents)(1)

    Net income attributable to Amcor



    473



    473



    473



    32.7



    550



    550



    550



    38.0

    Net income attributable to non-controlling

    interests



    6



    6











    7



    7









    Tax expense



    107



    107











    141



    141









    Interest expense, net



    232



    232











    222



    222









    Depreciation and amortization



    433















    401













    EBITDA, EBIT, Net income, and EPS



    1,251



    818



    473



    32.7



    1,321



    920



    550



    38.0

    Impact of highly inflationary accounting



    55



    55



    55



    3.8



    8



    8



    8



    0.6

    Restructuring and related expenses, net(2)



    82



    82



    82



    5.7



    35



    35



    35



    2.4

    Berry transaction & integration



    —



    —



    —



    —



    36



    36



    41



    2.8

    CEO transition costs



    8



    8



    8



    0.6



    —



    —



    —



    —

    Other



    17



    17



    17



    1.2



    (3)



    (3)



    (3)



    (0.2)

    Amortization of acquired intangibles(3)







    126



    126



    8.7







    116



    116



    8.0

    Tax effect of above items











    (51)



    (3.6)











    (19)



    (1.3)

    Adjusted EBITDA, EBIT, Net income and EPS



    1,412



    1,106



    710



    49.1



    1,397



    1,112



    728



    50.3























    Reconciliation of adjusted growth to comparable constant currency growth





















    % growth - Adjusted EBITDA, EBIT, Net income, and EPS















    (1)



    1



    3



    2

    % items affecting comparability



















    —



    —



    —



    —

    % currency impact



















    2



    2



    2



    2

    % comparable constant currency growth



















    1



    3



    5



    5

    Adjusted EBITDA



    1,412















    1,397













    Interest paid, net



    (196)















    (167)













    Income tax paid



    (163)















    (148)













    Purchase of property, plant and equipment and

    other intangible assets



    (358)















    (360)













    Proceeds from sales of property, plant and

    equipment and other intangible assets



    12















    9













    Movement in working capital



    (625)















    (710)













    Other



    33















    (38)













    Adjusted Free Cash Flow



    115















    (17)















    (1) Calculation of diluted EPS for the nine months ended March 31, 2025 excludes net income attributable to shares to be repurchased under forward contracts of $1 million.  Calculation of diluted EPS for the nine months ended March 31, 2024 excludes net income attributable to shares to be repurchased under forward contracts of $2 million.

    (2) Includes incremental restructuring and related expenses attributable to group wide initiatives to partly offset divested earnings from the Russian business.

    (3) Amortization of acquired intangible assets from business combinations.

     

    Reconciliation of adjusted EBIT by reportable segment







    Three Months Ended March 31, 2024



    Three Months Ended March 31, 2025

    ($ million)



    Flexibles



    Rigid

    Packaging



    Other



    Total



    Flexibles



    Rigid

    Packaging



    Other



    Total

    Net income attributable to Amcor















    187















    196

    Net income attributable to non-

    controlling interests















    2















    1

    Tax expense















    40















    40

    Interest expense, net















    79















    75

    EBIT



    290



    61



    (43)



    308



    315



    51



    (54)



    312

    Impact of highly inflationary

    accounting



    —



    4



    —



    4



    —



    3



    —



    3

    Restructuring and related expenses,

    net(1)



    25



    5



    —



    30



    5



    1



    —



    6

    Berry transaction & integration



    —



    —



    —



    —



    —



    1



    25



    26

    CEO transition costs



    —



    —



    8



    8



    —



    —



    —



    —

    Other



    1



    —



    3



    4



    1



    (1)



    —



    —

    Amortization of acquired intangibles(2)



    42



    1



    —



    43



    36



    1



    —



    37

    Adjusted EBIT



    358



    71



    (32)



    397



    357



    55



    (28)



    384

    Adjusted EBIT / sales %



    13.8 %



    8.7 %







    11.6 %



    13.7 %



    7.6 %







    11.5 %



















    Reconciliation of adjusted growth to comparable constant currency growth

















    % growth - Adjusted EBIT



















    —



    (22)



    —



    (3)

    % items affecting comparability



















    —



    6



    —



    1

    % currency impact



















    2



    4



    —



    2

    % comparable constant currency



















    2



    (12)



    —



    —



    (1) Includes incremental restructuring and related expenses attributable to group wide initiatives to partly offset divested earnings from the Russian

    business.

    (2) Amortization of acquired intangible assets from business combinations.

     





    Nine Months Ended March 31, 2024



    Nine Months Ended March 31, 2025

    ($ million)



    Flexibles



    Rigid

    Packaging



    Other



    Total



    Flexibles



    Rigid

    Packaging



    Other



    Total

    Net income attributable to Amcor















    473















    550

    Net income attributable to non-

    controlling interests















    6















    7

    Tax expense















    107















    141

    Interest expense, net















    232















    222

    EBIT



    796



    112



    (90)



    818



    854



    172



    (106)



    920

    Impact of highly inflationary accounting



    —



    55



    —



    55



    —



    8



    —



    8

    Restructuring and related expenses,

    net(1)



    68



    14



    —



    82



    34



    1



    —



    35

    Berry transaction & integration



    —



    —



    —



    —



    —



    1



    35



    36

    CEO transition costs



    —



    —



    8



    8



    —



    —



    —



    —

    Other



    5



    —



    12



    17



    10



    (15)



    2



    (3)

    Amortization of acquired intangibles(2)



    123



    3



    —



    126



    110



    4



    2



    116

    Adjusted EBIT



    992



    184



    (70)



    1,106



    1,008



    171



    (67)



    1,112

    Adjusted EBIT / sales %



    13.0 %



    7.5 %







    10.9 %



    13.1 %



    7.6 %







    11.2 %



















    Reconciliation of adjusted growth to comparable constant currency growth

















    % growth - Adjusted EBIT



















    2



    (7)



    —



    1

    % items affecting comparability



















    —



    2



    —



    —

    % currency impact



















    1



    4



    —



    2

    % comparable constant currency



















    3



    (1)



    —



    3



    (1) Includes incremental restructuring and related expenses attributable to group wide initiatives to partly offset divested earnings from the Russian

    business.

    (2) Amortization of acquired intangible assets from business combinations.

     

    Reconciliation of net debt



    ($ million)



    June 30, 2024



    March 31, 2025

    Cash and cash equivalents



    (588)



    (2,045)

    Short-term debt



    84



    150

    Current portion of long-term debt



    12



    9

    Long-term debt, less current portion



    6,603



    8,638

    Net debt



    6,111



    6,752

    Cautionary Statement Regarding Forward-Looking Statements

    Unless otherwise indicated, references to "Amcor," the "Company," "we," "our," and "us" in this document refer to Amcor plc and its consolidated subsidiaries. This document contains certain statements that are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified with words like "believe," "expect," "target," "project," "may," "could," "would," "approximately," "possible," "will," "should," "intend," "plan," "anticipate," "commit," "estimate," "potential," "ambitions," "outlook," or "continue," the negative of these words, other terms of similar meaning, or the use of future dates. Such statements are based on the current expectations of the management of Amcor and are qualified by the inherent risks and uncertainties surrounding future expectations generally. Actual results could differ materially from those currently anticipated due to a number of risks and uncertainties. Neither Amcor nor any of its respective directors, executive officers, or advisors, provide any representation, assurance, or guarantee that the occurrence of the events expressed or implied in any forward-looking statements will actually occur or if any of them do occur, what impact they will have on the business, results of operations or financial condition of Amcor. Should any risks and uncertainties develop into actual events, these developments could have a material adverse effect on Amcor's business, including the ability to successfully realize the expected benefits of the merger of Amcor and Berry Global Group, Inc. Risks and uncertainties that could cause actual results to differ from expectations include, but are not limited to: risks arising from the integration of the Amcor and Berry Global Group, Inc., ("Berry") businesses as a result of the Merger completed on April 30, 2025 (the "Transaction"); risk that the anticipated benefits of the Transaction may not be realized when expected or at all; risk of unexpected costs or expenses resulting from the Transaction; risk of further litigation related to the Transaction as two lawsuits have been filed; risk that the Transaction may have an adverse effect on our ability to retain key personnel and customers; general economic, market and social developments and conditions; evolving legal, regulatory and tax regimes under which we operate; changes in consumer demand patterns and customer requirements in numerous industries; the loss of key customers, a reduction in their production requirements, or consolidation among key customers; significant competition in the industries and regions in which we operate; an inability to expand our current business effectively through either organic growth, including product innovation, investments, or acquisitions; challenging global economic conditions; impacts of operating internationally; price fluctuations or shortages in the availability of raw materials, energy and other inputs, and the introduction of new tariffs, which could adversely affect our business; production, supply, and other commercial risks, including counterparty credit risks, which may be exacerbated in times of economic volatility; pandemics, epidemics, or other disease outbreaks; an inability to attract and retain our global executive team and our skilled workforce and manage key transitions; labor disputes and an inability to renew collective bargaining agreements at acceptable terms; physical impacts of climate change; cybersecurity risks, which could disrupt our operations or risk of loss of our sensitive business information; failures or disruptions in our information technology systems which could disrupt our operations, compromise customer, employee, supplier, and other data; a significant increase in our indebtedness or a downgrade in our credit rating could reduce our operating flexibility and increase our borrowing costs and negatively affect our financial condition and results of operations; rising interest rates that increase our borrowing costs on our variable rate indebtedness and could have other negative impacts; foreign exchange rate risk; a significant write-down of goodwill and/or other intangible assets; a failure to maintain an effective system of internal control over financial reporting; an inability of our insurance policies, including our use of a captive insurance company, to provide adequate protection against all of the risks we face; an inability to defend our intellectual property rights or intellectual property infringement claims against us; litigation, including product liability claims or litigation related to Environmental, Social, and Governance ("ESG") matters, or regulatory developments; increasing scrutiny and changing expectations from investors, customers, suppliers, and governments with respect to our ESG practices and commitments resulting in additional costs or exposure to additional risks; changing ESG government regulations including climate-related rules; changing environmental, health, and safety laws; and changes in tax laws or changes in our geographic mix of earnings.  These risks and uncertainties are supplemented by those identified from time to time in our filings with the Securities and Exchange Commission (the "SEC"), including without limitation, those described under Part I, "Item 1A - Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and as updated by our quarterly reports on Form 10-Q. You can obtain copies of Amcor's filings with the SEC for free at the SEC's website (www.sec.gov). Forward-looking statements included herein are made only as of the date hereof and Amcor does not undertake any obligation to update any forward-looking statements, or any other information in this communication, as a result of new information, future developments or otherwise, or to correct any inaccuracies or omissions in them which become apparent, except as expressly required by law. All forward-looking statements in this communication are qualified in their entirety by this cautionary statement.

    Presentation of non-GAAP information

    Included in this release are measures of financial performance that are not calculated in accordance with U.S. GAAP. These measures include adjusted EBITDA and EBITDA (calculated as earnings before interest and tax and depreciation and amortization), adjusted EBIT and EBIT (calculated as earnings before interest and tax), adjusted net income, adjusted earnings per share, adjusted free cash flow, net debt and synergies from the Merger.  In arriving at these non-GAAP measures, we exclude items that either have a non-recurring impact on the income statement or which, in the judgment of our management, are items that, either as a result of their nature or size, could, were they not singled out, potentially cause investors to extrapolate future performance from an improper base. Note that while amortization of acquired intangible assets is excluded from non-GAAP adjusted financial measures, the revenue of the acquired entities and all other expenses unless otherwise stated, are reflected in our non-GAAP financial performance earnings measures. While not all inclusive, examples of these items include: material restructuring programs, including associated costs such as employee severance, pension and related benefits, impairment of property and equipment and other assets, accelerated depreciation, termination payments for contracts and leases, contractual obligations, and any other qualifying costs related to restructuring plans; material sales and earnings from disposed or ceased operations and any associated profit or loss on sale of businesses or subsidiaries; changes in the fair value of economic hedging instruments on commercial paper and contingent purchase consideration; pension settlements; impairments in goodwill and equity method investments; material acquisition compensation and transaction costs such as due diligence expenses, professional and legal fees, financing-related expenses; and integration costs; material purchase accounting adjustments for inventory; amortization of acquired intangible assets from business combination; gains or losses on significant property and divestitures and significant property and other impairments, net of insurance recovery; certain regulatory and legal matters; impacts from highly inflationary accounting; expenses related to the Company's Chief Executive Officer transition; and impacts related to the Russia-Ukraine conflict.

    Amcor also evaluates performance on a comparable constant currency basis, which measures financial results assuming constant foreign currency exchange rates used for translation based on the average rates in effect for the comparable prior year period. In order to compute comparable constant currency results, we multiply or divide, as appropriate, current-year U.S. dollar results by the current year average foreign exchange rates and then multiply or divide, as appropriate, those amounts by the prior-year average foreign exchange rates. We then adjust for other items affecting comparability. While not all inclusive, examples of items affecting comparability include the difference between sales or earnings in the current period and the prior period related to disposed, or ceased operations. Comparable constant currency net sales performance also excludes the impact from passing through movements in raw material costs.  

    Management has used and uses these measures internally for planning, forecasting and evaluating the performance of the Company's reporting segments and certain of the measures are used as a component of Amcor's Board of Directors' measurement of Amcor's performance for incentive compensation purposes. Amcor believes that these non-GAAP measures are useful to enable investors to perform comparisons of current and historical performance of the Company. For each of these non-GAAP financial measures, a reconciliation to the most directly comparable U.S. GAAP financial measure has been provided herein. These non-GAAP financial measures should not be construed as an alternative to results determined in accordance with U.S. GAAP. The Company provides guidance on a non-GAAP basis as we are unable to predict with reasonable certainty the ultimate outcome and timing of certain significant forward-looking items without unreasonable effort.  These items include but are not limited to the impact of foreign exchange translation, restructuring program costs, asset impairments, possible gains and losses on the sale of assets, certain tax related events, and difficulty in making accurate forecasts and projections in connection with the legacy Berry Global business given recency of access to all relevant information. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP earnings and cash flow measures for the guidance period.

    Dividends

    Amcor has received a waiver from the ASX's settlement operating rules, which will allow the Company to defer processing conversions between its ordinary share and CDI registers from May 21, 2025 to May 22, 2025 inclusive. 

     

    Cision View original content:https://www.prnewswire.com/news-releases/amcor-closes-berry-global-merger-reports-third-quarter-result-and-updates-fiscal-2025-outlook-302443284.html

    SOURCE Amcor

    Get the next $AMCR alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $AMCR

    DatePrice TargetRatingAnalyst
    4/22/2025Mkt Perform
    Raymond James
    2/3/2025Hold → Buy
    Jefferies
    1/6/2025$11.00 → $12.00Neutral → Buy
    Citigroup
    1/6/2025$10.00 → $12.00Hold → Buy
    Truist
    12/11/2024$12.50Underperform → Buy
    BofA Securities
    11/27/2024Neutral → Outperform
    Macquarie
    7/9/2024$10.80Hold
    Stifel
    6/28/2024$9.80Equal Weight
    Wells Fargo
    More analyst ratings

    $AMCR
    SEC Filings

    See more
    • SEC Form S-8 filed by Amcor plc

      S-8 - Amcor plc (0001748790) (Filer)

      5/7/25 4:06:13 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • SEC Form 10-Q filed by Amcor plc

      10-Q - Amcor plc (0001748790) (Filer)

      5/1/25 6:09:40 AM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • Amcor plc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Amcor plc (0001748790) (Filer)

      4/30/25 4:16:12 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary

    $AMCR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Carter Susan K was granted 13,108 units of Ordinary Shares, increasing direct ownership by 26% to 63,081 units (SEC Form 4)

      4 - Amcor plc (0001748790) (Issuer)

      5/9/25 4:23:23 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • Officer Galvez Jean-Marc covered exercise/tax liability with 482,113 units of Ordinary Shares, decreasing direct ownership by 46% to 568,460 units (SEC Form 4)

      4 - Amcor plc (0001748790) (Issuer)

      5/9/25 4:18:16 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • Director Sterrett Stephen E was granted 358,091 units of Ordinary Shares (SEC Form 4)

      4 - Amcor plc (0001748790) (Issuer)

      5/2/25 9:32:59 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary

    $AMCR
    Press Releases

    Fastest customizable press release news feed in the world

    See more

    $AMCR
    Financials

    Live finance-specific insights

    See more
    • Amcor closes Berry Global merger, reports third quarter result and updates fiscal 2025 outlook

      March 2025 Quarter Highlights: Net sales of $3,333 million;GAAP Net income of $196 million; GAAP diluted earnings per share (EPS) of 13.6 cps;Adjusted EBIT of $384 million, in line with last year on a comparable constant currency basis; andAdjusted EPS of 18.0 cps, up 5% on a comparable constant currency basis.YTD Highlights - Nine Months Ended March 31, 2025: Net sales of $9,927 million;GAAP Net income of $550 million; GAAP diluted EPS of 38.0 cps;Adjusted EBIT of $1,112 million, up 3% on a comparable constant currency basis; andAdjusted EPS of 50.3 cps, up 5% on a comparable constant currency basis.Fiscal 2025 outlook - inclusive of merger related impacts in May and June of the fourth quar

      4/30/25 4:11:00 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • Amcor completes combination with Berry Global; Positioned to significantly enhance value for customers and shareholders

      Creates broader more complete portfolio with scale and global breadth, brings together material science and innovation capabilities required to revolutionize product development, enhances positions in attractive categories Provides clear visibility to approximately 12% EPS accretion in FY26 through synergy benefits alone 35%+ EPS accretion by end of FY28 through $650 million total synergies Expected annual cash flow of over $3 billion by FY28 provides significant capacity to fund organic reinvestment, value accretive M&A and capital returns to shareholders through a compelling dividend and share repurchases Unlocks further opportunities to refine portfolio, to enhance average growth rates,

      4/30/25 4:06:00 PM ET
      $AMC
      $AMCR
      Movies/Entertainment
      Consumer Discretionary
      Miscellaneous manufacturing industries
    • Okta Set to Join S&P MidCap 400

      NEW YORK, April 28, 2025 /PRNewswire/ -- Okta Inc. (NASD: OKTA) will replace Berry Global Group Inc. (NYSE:BERY) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, May 1. S&P 500 constituent Amcor plc (NYSE:AMCR) is acquiring Berry Global Group in a deal expected to close soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector May 1, 2025 S&P MidCap 400 Addition Okta OKTA Information Technology May 1, 2025 S&P MidCap 400 Deletion Berry Global Group BERY Materials For more information about S&P Dow Jon

      4/28/25 6:07:00 PM ET
      $AMCR
      $BERY
      $OKTA
      $SPGI
      Miscellaneous manufacturing industries
      Consumer Discretionary
      Plastic Products
      Industrials
    • Amcor closes Berry Global merger, reports third quarter result and updates fiscal 2025 outlook

      March 2025 Quarter Highlights: Net sales of $3,333 million;GAAP Net income of $196 million; GAAP diluted earnings per share (EPS) of 13.6 cps;Adjusted EBIT of $384 million, in line with last year on a comparable constant currency basis; andAdjusted EPS of 18.0 cps, up 5% on a comparable constant currency basis.YTD Highlights - Nine Months Ended March 31, 2025: Net sales of $9,927 million;GAAP Net income of $550 million; GAAP diluted EPS of 38.0 cps;Adjusted EBIT of $1,112 million, up 3% on a comparable constant currency basis; andAdjusted EPS of 50.3 cps, up 5% on a comparable constant currency basis.Fiscal 2025 outlook - inclusive of merger related impacts in May and June of the fourth quar

      4/30/25 4:11:00 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • Amcor completes combination with Berry Global; Positioned to significantly enhance value for customers and shareholders

      Creates broader more complete portfolio with scale and global breadth, brings together material science and innovation capabilities required to revolutionize product development, enhances positions in attractive categories Provides clear visibility to approximately 12% EPS accretion in FY26 through synergy benefits alone 35%+ EPS accretion by end of FY28 through $650 million total synergies Expected annual cash flow of over $3 billion by FY28 provides significant capacity to fund organic reinvestment, value accretive M&A and capital returns to shareholders through a compelling dividend and share repurchases Unlocks further opportunities to refine portfolio, to enhance average growth rates,

      4/30/25 4:06:00 PM ET
      $AMC
      $AMCR
      Movies/Entertainment
      Consumer Discretionary
      Miscellaneous manufacturing industries
    • Amcor to report fiscal 2025 third quarter results

      ZURICH, April 25, 2025 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE:AMCR, ASX: AMC)) will announce its fiscal 2025 third quarter results for the three month period ended March 31, 2025, after the U.S. market closes on Wed., April 30, 2025.  A conference call and webcast to discuss Amcor's results will be held at 5.30 p.m. U.S. Eastern Daylight Time on Wed., April 30 / 7.30 a.m. Australian Eastern Standard Time on Thurs., May 1. For those wishing to participate in the call, please use the following dial-in numbers: USA:                            800 715 9871 (toll-free)         

      4/25/25 4:12:00 PM ET
      $AMC
      $AMCR
      Movies/Entertainment
      Consumer Discretionary
      Miscellaneous manufacturing industries

    $AMCR
    Leadership Updates

    Live Leadership Updates

    See more
    • Okta Set to Join S&P MidCap 400

      NEW YORK, April 28, 2025 /PRNewswire/ -- Okta Inc. (NASD: OKTA) will replace Berry Global Group Inc. (NYSE:BERY) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, May 1. S&P 500 constituent Amcor plc (NYSE:AMCR) is acquiring Berry Global Group in a deal expected to close soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector May 1, 2025 S&P MidCap 400 Addition Okta OKTA Information Technology May 1, 2025 S&P MidCap 400 Deletion Berry Global Group BERY Materials For more information about S&P Dow Jon

      4/28/25 6:07:00 PM ET
      $AMCR
      $BERY
      $OKTA
      $SPGI
      Miscellaneous manufacturing industries
      Consumer Discretionary
      Plastic Products
      Industrials
    • Amcor appoints Peter Konieczny as Chief Executive Officer

      ZURICH, Sept. 4, 2024 /PRNewswire/ -- Amcor (NYSE:AMCR, ASX: AMC))), a global leader in developing and producing responsible packaging solutions, today announced that its Board of Directors has appointed Peter Konieczny as Chief Executive Officer (CEO). Mr. Konieczny has served as Interim CEO since April 2024. The Board also intends to nominate him as a director for election at the Company's Annual Meeting of Shareholders which is expected to be held in November 2024. Amcor Chairman, Mr. Graeme Liebelt, said, "Peter has demonstrated exceptional leadership in every role he has

      9/4/24 4:10:00 PM ET
      $AMC
      $AMCR
      Movies/Entertainment
      Consumer Discretionary
      Miscellaneous manufacturing industries
    • Amcor announces CEO transition and reaffirms fiscal 2024 outlook

      ZURICH, March 19, 2024 /PRNewswire/ -- Amcor (NYSE:AMCR, ASX: AMC))), a global leader in developing and producing responsible packaging solutions, announced today that after nine years as Chief Executive Officer (CEO), Ron Delia has informed the Board of Directors of his decision to retire from the Company and step down from the Board for health reasons, effective April 15, 2024.  The Board has appointed Peter Konieczny, Amcor's current Chief Commercial Officer and a long-standing member of the Company's Global Management Team, as Interim CEO. Mr. Delia will provide continued

      3/19/24 4:15:00 PM ET
      $AMC
      $AMCR
      Movies/Entertainment
      Consumer Discretionary
      Miscellaneous manufacturing industries

    $AMCR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Raymond James initiated coverage on Amcor

      Raymond James initiated coverage of Amcor with a rating of Mkt Perform

      4/22/25 7:29:10 AM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • Amcor upgraded by Jefferies

      Jefferies upgraded Amcor from Hold to Buy

      2/3/25 2:12:20 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • Amcor upgraded by Citigroup with a new price target

      Citigroup upgraded Amcor from Neutral to Buy and set a new price target of $12.00 from $11.00 previously

      1/6/25 7:29:45 AM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary

    $AMCR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Amcor plc (Amendment)

      SC 13G/A - Amcor plc (0001748790) (Subject)

      2/13/24 4:58:48 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Amcor plc (Amendment)

      SC 13G/A - Amcor plc (0001748790) (Subject)

      2/9/24 11:32:52 AM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Amcor plc (Amendment)

      SC 13G/A - Amcor plc (0001748790) (Subject)

      1/30/24 11:27:02 AM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary

    $AMCR
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Foufopoulos - De Ridder Lucrece bought $144,287 worth of Ordinary Shares (14,000 units at $10.31), increasing direct ownership by 90% to 29,523 units (SEC Form 4)

      4 - Amcor plc (0001748790) (Issuer)

      3/5/25 4:00:41 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • Director Agarwal Achal bought $101,000 worth of Ordinary Shares (10,000 units at $10.10), increasing direct ownership by 13% to 88,967 units (SEC Form 4)

      4 - Amcor plc (0001748790) (Issuer)

      3/3/25 12:32:18 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary
    • Director Agarwal Achal bought $403,793 worth of Ordinary Shares (40,000 units at $10.09), increasing direct ownership by 103% to 78,967 units (SEC Form 4)

      4 - Amcor plc (0001748790) (Issuer)

      2/20/25 4:19:13 PM ET
      $AMCR
      Miscellaneous manufacturing industries
      Consumer Discretionary