Amcor PLC

AMCR

Equity

ISIN JE00BJ1F3079 / Valor 47806139

New York Stock Exchange, Inc (2024-12-24)

USD 9.49+0.64%

Amcor PLC
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Amcor PLC is a prominent player in the global packaging industry, specializing in the creation of packaging solutions across a diverse range of sectors including food, beverage, pharmaceutical, medical, home, and personal care. The company's expertise lies in its ability to develop innovative and responsible packaging that meets the evolving needs of its customers and the markets it serves. With a focus on sustainability and efficiency, Amcor leverages advanced technology and materials science to produce packaging that aims to reduce environmental impact while ensuring product safety and integrity. As a leader in the packaging sector, Amcor's operations span multiple countries, enabling it to deliver high-quality packaging solutions to a global clientele.

Summarized from source with an LLMView SourceSector: Industrials

Net Sales

In the first quarter of fiscal 2025, Amcor PLC reported net sales of $3,353 million, which represents a 3% decrease compared to the same period last year. This decline was influenced by a 1% unfavorable impact due to the pass-through of lower raw material costs and less than 1% impact from foreign exchange rate movements. Despite these challenges, the company experienced a sequential improvement in volume growth, with volumes up approximately 2% compared to the previous year.

Net Income and EPS

Amcor PLC achieved a GAAP net income of $191 million for the first quarter of fiscal 2025, resulting in a GAAP diluted earnings per share (EPS) of 13.2 cents. On an adjusted basis, the company reported an EPS of 16.2 cents, marking a 5% increase on a comparable constant currency basis. This growth in adjusted EPS reflects the company's effective cost management and margin quality maintenance.

Adjusted EBIT

The adjusted EBIT for Amcor PLC in the first quarter of fiscal 2025 was $365 million, which is a 3% increase on a comparable constant currency basis compared to the previous year. This improvement was driven by higher volumes, strong cost performance, and benefits from restructuring initiatives, leading to an adjusted EBIT margin of 10.9%, a 50 basis point increase over the prior year.

Dividend Increase

Amcor PLC's Board of Directors declared a quarterly cash dividend of 12.75 cents per share for the first quarter of fiscal 2025, an increase from 12.5 cents per share in the same quarter last year. This reflects the company's commitment to returning cash to shareholders and maintaining a compelling and growing dividend.

Fiscal 2025 Outlook

Amcor PLC reaffirmed its fiscal 2025 outlook, projecting an adjusted EPS of 72-76 cents per share and an adjusted free cash flow of $900-1,000 million. The company remains confident in its ability to enhance profitable organic growth, build earnings momentum, and generate sustainable shareholder returns through disciplined execution of its capital allocation framework and growth strategy.

Summarized from source with an LLMView Source

Key figures

-1.96%1Y

-18.6%3Y

-12.0%5Y

Performance

22.3%1Y

24.0%3Y

29.8%5Y

Volatility