Picture of Amcor logo

AMCR — Amcor News Story

0.000.00%
us flag iconLast trade - 00:00
Basic MaterialsBalancedLarge CapSuper Stock

Switzerland's Amcor Q4 sales rise on Berry acquisition

Switzerland's Amcor Q4 sales rise on Berry acquisition


Overview

  • Global consumer packaging firm's Q4 net sales rose 26% yr/yr, driven by Berry acquisition

  • Q4 adjusted diluted EPS increased 23% from prior year

  • Company cites synergy realization from Berry deal and improved non-core business performance


Outlook

  • Amcor expects adjusted EPS of $1.80 to $1.90 for the six months ending Dec 31, 2026

  • Company targets leverage of 3.5x to 3.6x at Dec 31, 2026

  • Outlook reflects uncertainty due to ongoing geopolitical developments


Result Drivers

  • BERRY ACQUISITION - Co said Q4 results were largely driven by the Berry acquisition, contributing to both sales and EBIT growth

  • RAW MATERIAL COST PASS THROUGH - Co said higher raw material costs were passed through to customers, boosting sales by about 6%

  • SYNERGY AND COST INITIATIVES - Co said synergy benefits from Berry acquisition and cost/productivity initiatives supported EBIT growth


Company press release: ID:nPnw6PYha


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

$6.40 bln

Q4 Adjusted EPS

$1.23

Q4 EPS

$0.83


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 9 three months ago


Reuters Recommended Reads

  • Aug 11 - EU packaging rules take effect with limits on 'forever chemicals', plastics curbs

  • Aug 11 - Eye care company Alcon raises margin outlook, shares jump

  • Aug 11 - Switzerland's Tecan posts higher H1 sales, backs outlook


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Amcor

See all news