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 newsBrief: SA's Competition Commission Approves Shalam UK's Proposed Acquisition Of RPC Africa
Packaging firm Amcor beats quarterly sales, profit estimates on higher prices
Switzerland's Amcor Q4 sales rise on Berry acquisition
Corrected: BRIEF-Amcor Q4 Sales USD 6,398 Million
Brief: Amcor Commences Expansion Of Flexible Packaging Facility In Dongguan, China