Company Overview

Amcor plc, together with its subsidiaries, engages in the production and sale of packaging products across Europe, North America, Latin America, and the Asia Pacific. Amcor is a global producer of plastic packaging primarily for the fast-moving consumer goods industry. The company was founded in 1926 and is headquartered in Zurich, Switzerland.

Business Segments and Operations

The company operates in two primary segments: Global Flexible Packaging Solutions and Global Rigid Packaging Solutions. Approximately 90% of earnings are derived from the flexible packaging business, which includes soft, disposable plastic for a variety of food, drink, healthcare, and hygiene products. The remaining earnings come from the Latin and North American rigids business, primarily focused on beverage bottling for the soft drink industry.

Global Presence

Operating in more than 35 countries, Amcor has a significant market share in its established regions: North America, Latin America, Europe, and Asia-Pacific. Approximately half of group sales are derived from North America, with the remainder split equally between Western Europe and emerging markets. Sales from Australia and New Zealand account for less than 5% of group sales.

Transformational Berry Global Acquisition

Amcor plc announced the successful completion of its all-stock combination with Berry Global ("Berry"), effective April 30, 2025. The deal, described as the largest transaction in Amcor's history, was first announced in November 2024 and was previously valued at $8.4 billion.

Enhanced Market Position

This combination expands Amcor's reach to approximately 140 countries, with around 400 facilities, 70,000 employees, and $23 billion in anticipated sales revenue. Amcor enhances its position as a global leader in consumer and healthcare packaging solutions, equipped with unique material science and innovation capabilities to revolutionize product development and meet customers' and consumers' sustainability aspirations.

Synergies and Growth Outlook

With multiple new growth opportunities and $650 million of identified synergies, Amcor is well-positioned to deliver significant near- and long-term value for customers and shareholders. In fiscal 2026, before accounting for underlying business growth, Amcor expects to realize $260 million in pre-tax synergies alone, driving adjusted EPS accretion of approximately 12%. By the end of fiscal 2028, the company anticipates total pre-tax synergy benefits to build to approximately $650 million and to have delivered an additional $280 million in one-time cash benefits from working capital improvements.

Financial Performance and Key Metrics

Latest Financial Results (FY2025)

For the fiscal year 2025 ended June 30, 2025:

• Revenue: $15.01 billion, an increase of 10.04% compared to the previous year's $13.64 billion.

• Earnings: $510.00 million, a decrease of -29.85%.

• Adjusted EBITDA: $2,186 million, up 13%.

• Adjusted EBIT: $1,723 million, up 12% (excluding currency impact).

• Adjusted EPS: 71.2 cents per share (cps), up 3% (excluding currency impact).

Market Capitalization and Valuation

As of September 23, 2025, Amcor plc has a market capitalization of $19.04 billion, showing a decrease of -0.47% over the last week. The company has approximately 77,000 employees. Amcor plc's EBITDA stands at $1.98 billion USD, with a current EBITDA margin of 13.17%.

Dividend Policy

Amcor plc's dividend yield was 5.52% in 2025, and the payout ratio reached 158.54%. The Amcor Board of Directors declared a quarterly cash dividend of 12.75 cents per share (compared with 12.5 cents per share in the same quarter last year). The annual dividend increased to 51 US cents per share.

Fiscal 2026 Guidance and Outlook

For fiscal year 2026, Amcor provides the following guidance:

• Adjusted EPS: 80-83 cents per share (cps), representing 12-17% constant currency growth.

• Free Cash Flow: Approximately $1.8 billion to $1.9 billion, after deducting approximately $220 million of net cash integration and transaction costs related to the Berry Global acquisition.

Including full run-rate synergies, annual cash flow is expected to exceed $3 billion by fiscal 2028. This is projected to provide significant capacity for Amcor to fund organic reinvestment, value-accretive M&A, and shareholder returns through a compelling and growing dividend and share repurchases, aiming for new and higher levels of long-term shareholder value creation.

Strategic Focus and Innovation

The Company develops sustainable packaging in flexible and rigid formats across multiple materials. Amcor Plc (AMCR) is focused on developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal-care, and other products.

The combined company is positioned to leverage enhanced research and development capabilities, global scale, and technical expertise to serve customers across multiple industries while meeting evolving sustainability requirements.