Transformational Combination with Berry Global
Amcor successfully closed its combination with Berry Global earlier than anticipated, positioning the company to accelerate earnings growth through significant synergies.
Record Safety Performance
Amcor reported a Total Recordable Incident Rate (TRIR) of 0.27, with 69% of sites injury-free for over a year, highlighting the company's commitment to safety.
Synergy Outlook and Financial Guidance
Amcor expects to deliver $650 million in synergies over the next three years, resulting in significant earnings growth and an EPS accretion of over 35%.
Growth in Key Financial Metrics
Amcor delivered another quarter of adjusted EPS growth, up 5% on a comparable basis, with net sales of $3.3 billion and EBIT of $384 million, both marginally higher than last year.
Strong Cash Flow and Dividend Growth
Amcor expects annual cash flow available for reinvestment to exceed $3 billion by fiscal 2028 and declared a dividend that is 2% higher than the same quarter last year.