InvestSMART

Amcor Plc (ASX:AMC)

ALERT: Price-sensitive ASX Announcement for AMC
Current share price for AMC : $62.165 49.995 (410.81%)+
Announcement
Release
6 Nov 2025 8:58AM
Price at Release
$12.170
Full Release
download
Summary
Amcor Plc reported a successful first quarter following its acquisition of Berry Global, with net sales rising significantly to $5,745 million, and GAAP net income reaching $262 million. The company's adjusted EBITDA increased by 92%, and EBIT margins improved by 110 basis points. Amcor achieved synergies of $38 million and anticipates $650 million in synergies by fiscal 2028, positioning itself as a leader in consumer packaging and dispensing solutions. The fiscal 2026 outlook was reaffirmed, projecting strong growth in adjusted EPS and free cash flow.
Key Points
  • Amcor completed an all-stock acquisition of Berry Global on April 30, 2025.
  • Net sales increased to $5,745 million, a 68% rise after excluding currency impacts.
  • The GAAP net income for the quarter was $262 million, with a diluted EPS of 11.3 cents.
  • The company achieved a 92% increase in adjusted EBITDA reaching $909 million.
  • Amcor delivered synergies of approximately $38 million, at the upper range of expectations.
  • EBIT margins improved by 110 basis points, reaching 12.0%.
  • Adjusted EPS rose to 19.3 cents, up 18% excluding currency impact.
  • Amcor reaffirmed its fiscal 2026 outlook with adjusted EPS expected to grow by 12-17%.
  • The fiscal strategy includes delivering $650 million in identified synergies by fiscal 2028.
  • The company's focus remains on capturing organic growth opportunities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.