Amcor (AMCR) Company Report

€750 million 3.200% senior notes due 2029 and €750 million 3.750% senior notes due 2033 issued by Amcor UK Finance plc, fully guaranteed by Amcor plc and affiliates.
Net proceeds of approximately €1,488 million to repay Berry Global’s $1.525 billion 1.570% senior secured notes due 2026, with remainder for commercial paper and general corporate purposes.
2029 Notes pay interest annually on November 17 (first coupon November 17, 2026) and mature November 17, 2029; 2033 Notes pay annually on February 20 (short first coupon February 20, 2026) and mature February 20, 2033.
Notes are senior unsecured obligations with make-whole redemption at comparable government bond rate + 20 bps before par call dates (October 17, 2029 for 2029 Notes; November 20, 2032 for 2033 Notes) and callable at 100% thereafter.

5 days ago

8-K

Amcor reports Q1 FY2026 results

AMCR

Earnings

Guidance Update

Dividends

Amcor delivered Net Sales of $5,745 million (+68%), EBITDA of $909 million (+92%) and EPS of 19.3 cents (+18%) in Q1 FY2026.
Berry acquisition synergies: $38 million realized in Q1; on track for $260 million in FY2026 and $650 million total.
Free Cash Flow of $(343) million in Q1 (including $115 million integration costs); as of September 30 2025, Net Debt $13,999 million and Leverage 3.6×.
Reaffirmed FY2026 outlook: Adjusted EPS of $0.80–0.83 per share, Free Cash Flow of $1.8–1.9 billion; dividend increased to 13.0 cents per share.

Nov 5, 2025, 10:30 PM

Presentation

Amcor reports Q1 2026 earnings results

AMCR

Earnings

Guidance Update

CFO Change

Adjusted EPS of $0.193 (up 18% cc) and EBIT of $687 million (+4% cc), with a 12% reported margin (+110 bps y/y)
Delivered $38 million in synergies in Q1, on track for $260 million in FY 2026 and $650 million through FY 2028
Flexible packaging net sales rose 25% cc (comparable volume down 2.8%), with adjusted EBIT of $426 million and margin of 13.1% (+20 bps)
Board approved a quarterly dividend increase to $0.13 per share and reaffirmed guidance for 12–17% EPS growth and doubling free cash flow in FY 2026
CFO Michael Casamento to step down, with Steve Sugar joining as CFO next week

Nov 5, 2025, 10:30 PM

Transcript

Amcor reports Q1 FY 2026 results

AMCR

Earnings

Guidance Update

CFO Change

Adjusted EPS of $0.193 (+18% YoY) topped the midpoint of guidance, driven by disciplined cost performance and early synergy gains.
Delivered $38 M in Q1 synergies, secured > $70 M in annualized revenue synergies and have a clear line of sight to $260 M in Fiscal 2026 benefits.
Reaffirmed Fiscal 2026 guidance with EPS of $0.80–$0.83 (+12–17% YoY) and free cash flow of $1.8–$1.9 B, not dependent on macro improvements.
Agreed to sell two non-core businesses for ~$100 M proceeds and increased the quarterly dividend to $0.13 per share.
Announced CFO Michael Casamento’s departure; Steve Sugar to join as CFO next week.

Nov 5, 2025, 10:30 PM

Transcript

Amcor reports Q1 2026 results

AMCR

Earnings

Guidance Update

CFO Change

Q1 adjusted EPS of $0.193 (+18%) on a comparable basis; EBIT $687 million (+4%) with a 12% margin (+110 bps); volumes down ~2% excluding non-core North American beverage.
Delivered $38 million of synergies in Q1; running rate supports at least $260 million in fiscal 2026 and $650 million through fiscal 2028.
Reaffirmed fiscal 2026 guidance: adjusted EPS $0.80–$0.83, free cash flow $1.8–$1.9 billion; Q2 EPS outlook $0.16–$0.18.
CFO Michael Casamento to step down after this call, transitioning to an advisory role; Steve Scherger joins as CFO next week.
Board approved a quarterly dividend increase to $0.13 per share.

Nov 5, 2025, 10:30 PM

Transcript

Amcor reports Q1 FY26 results and reaffirms outlook

AMCR

Earnings

Guidance Update

M&A

Amcor reported Q1 net sales of $5,745 million (up 68% cc), adjusted EBITDA of $909 million (+92% cc) and adjusted EPS of 19.3 cps (+18% cc); GAAP net income was $262 million and the quarterly dividend was raised to 13.0 cps.
The Berry Global acquisition completed April 30, 2025, delivered approximately $38 million of synergies in the quarter, with integration on track for at least $260 million in FY26 and $650 million by FY28.
Amcor reaffirmed its FY26 guidance of adjusted EPS of $0.80–$0.83 per share (12–17% cc growth) and free cash flow of $1.8–$1.9 billion.

Nov 5, 2025, 9:20 PM

8-K

Amcor reports Q1 FY26 results and reaffirms guidance

AMCR

Earnings

Guidance Update

Dividends

Net sales of $5,745 million (up 68% ex-currency) and adjusted EPS of 19.3 cps (up 18% ex-currency) in the first quarter of fiscal 2026.
Adjusted EBITDA reached $909 million (up 92% ex-currency) and adjusted EBIT was $687 million (up 85% ex-currency); realized approximately $38 million of acquisition synergies.
Quarterly dividend increased to 13.0 cents per share, reflecting confidence in free cash flow generation.
Fiscal 2026 outlook reaffirmed: adjusted EPS of 80–83 cps and free cash flow of $1.8–1.9 billion.

Nov 5, 2025, 9:10 PM

Press Release

Amcor provides pro forma income statement for Berry Global merger

AMCR

M&A

On April 30, 2025, Amcor plc completed its merger with Berry Global Group, Inc., making Berry a wholly owned subsidiary of Amcor.
This Form 8-K furnishes the unaudited pro forma condensed combined statement of income for the fiscal year ended June 30, 2025, reflecting the merger.
No pro forma balance sheet is included, as the merger is already reflected in Amcor’s audited consolidated balance sheets in its FY2025 10-K filed August 15, 2025.

Oct 2, 2025, 8:05 PM

8-K

Beyond Air expands global LungFit PH distribution network

AMCR

New Projects/Investments

Beyond Air has signed new LungFit PH distribution agreements in Japan, South Korea, Costa Rica, Guatemala, Panama, and El Salvador, bringing its total international coverage to 34 countries with a combined population of 2.7 billion.
The Japan partnership is with AMCO Incorporated, a leading distributor of medical devices in Japan for over 70 years.
LungFit PH is a tankless nitric oxide generator approved for commercial use in the U.S., European Union, and several other markets, streamlining hospital operations by eliminating high-pressure cylinders.
Hospital tender submissions are underway in multiple regions, while the company awaits regulatory approvals in others to drive further adoption.

Aug 20, 2025, 12:00 PM

Press Release

Amcor reports Q4 2025 results and Berry integration progress

AMCR

Earnings

M&A

Guidance Update

Completed Berry Global acquisition integration in 100 days; targeting $650 m total synergies by FY 2028, including $260 m in FY 2026, underpinning 12–17% EPS growth and doubling free cash flow to €1.8–1.9 bn
Q4 combined net sales growth driven by Berry: flexibles net sales +18% CC with adjusted EBIT €450 m (14.1% margin) and rigid net sales +121% CC with EBIT margin 10.9%; volumes down ~1.7% led by North America
North America beverage business saw operational challenges (higher labor, freight costs, and waste) causing a ~$20 m EBIT decline; now run as a standalone unit with focused management
FY 2026 guidance assumes flat volumes, adjusted EPS $0.80–0.83, Q1 EPS $0.18–0.20, capex $850–900 m, net interest $570–600 m, and leverage reducing to 3.1–3.2x, excluding asset sale proceeds

Aug 14, 2025, 6:05 PM

Filings & Transcripts

View All Documents

Recent SEC filings and earnings call transcripts for AMCR.

No recent filings or transcripts found for AMCR.