Packaging solutions company Amcor has registered a growth in its first-quarter (Q1) profit and reaffirmed its earnings guidance for fiscal 2026. The company\u2019s net income reached $262m in Q1 (ended 30 September 2025). This included costs related to its acquisition of Berry Global, which was finalised in April.<\/p>\n\n\n\n
In the same quarter of the previous year, Amcor reported a net income of $191m. It posted net sales of $5.74bn for the period – a 68% year-on-year surge on a constant currency basis.<\/p>\n\n\n\n
The Global Flexible Packaging Solutions division reported net sales of $3.26bn, an increase of 25% at constant currency, alongside a 28% rise in adjusted earnings before interest and taxation (EBIT) to $426m.<\/p>\n\n\n\n
The Global Rigid Packaging Solutions division saw net sales soar 205% to $2.49bn and 365% growth in adjusted EBIT to $295m.<\/p>\n\n\n\n
Amcor\u2019s adjusted EBIT rose 85% to $687m in the quarter at constant currency, while adjusted earnings before interest, taxes, depreciation and amortisation EBITDA) jumped 92% to $909m.<\/p>\n\n\n\n
Adjusted EBIT margins improved by 110 basis points to 12%. Adjusted earnings increased to $448m from $234m, while adjusted earnings per share (EPS) climbed 18% to 19.3 cents – above the mid-point of the company\u2019s projected range.<\/p>\n\n\n\n
Amcor recorded synergy benefits of $38m during the quarter, with $33m contributing to adjusted EBIT and $5m favourably affecting interest expense.<\/p>\n\n\n\n
Integration of the Berry business was progressing as expected, with at least $260m in pre-tax synergy benefits anticipated for fiscal 2026, equivalent to approximately 12% EPS accretion.<\/p>\n\n\n\n
Total synergy benefits before tax are projected to reach $650m by the end of fiscal 2028. Free cash outflow for the quarter stood at $343m, which according to the company was \u201cin-line with expectations\u201d, following approximately $115m in acquisition-related cash costs.<\/p>\n","protected":false},"excerpt":{"rendered":"
Packaging solutions company Amcor has registered a growth in its first-quarter (Q1) profit and reaffirmed its earnings guidance for fiscal 2026. The company\u2019s net income reached $262m in Q1 (ended 30 September 2025). This included costs related to its acquisition of Berry Global, which was finalised in April. In the same quarter of the previous<\/p>\n","protected":false},"author":1,"featured_media":20032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[157],"class_list":{"0":"post-20031","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-finance","8":"tag-amcor"},"_links":{"self":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/20031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=20031"}],"version-history":[{"count":1,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/20031\/revisions"}],"predecessor-version":[{"id":20033,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/20031\/revisions\/20033"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media\/20032"}],"wp:attachment":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=20031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=20031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=20031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}