Amcor said net sales for December were $3,241 million and adjusted EBIT was $363 million, up approximately 5% on a comparable constant currency basis. Adjusted EBIT margin was 11.2%, up 40 basis points from the prior year.

1. 01

   Amcor said net sales for December were $3,241 million and adjusted EBIT was $363 million, up approximately 5% on a comparable constant currency basis. Adjusted EBIT margin was 11.2%, up 40 basis points from the prior year.

2. 02

   The company identified $650 million of synergies from the combination with Berry Global and said the path to completion is well advanced and it remains on track to close in mid calendar year 2025. The company's guidance does not factor in any potential impact from the merger if the transaction closes before fiscal year end.

3. 03

   Amcor said adjusted free cash flow for the 6 months ended December 31, 2024 was a cash outflow of $38 million, compared with a cash inflow of $52 million in the prior year. Net debt as of December 31 was $6,496 million and leverage was 3.3 times.

4. 04

   The company reaffirmed its adjusted EPS guidance for fiscal 2025 of approximately 72 to 76 cents per share and adjusted free cash flow guidance of approximately $900 million to $1,000 million. It said the adjusted EPS guidance includes approximately 4% headwind related to normalization of incentive compensation payments.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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