Financial Performance - Amcor's Net sales increased by 0.4% to $3,333 million in 3Q25 compared to the prior comparator period[25] - Amcor's EPS increased by 5% to 180 cents in 3Q25 compared to the prior comparator period[25] - Amcor expects approximately 12% adjusted EPS accretion in FY26 through delivery of synergies alone[11,43,45] - Amcor narrowed adjusted EPS range to approximately 72 to 74 cents per share for the year ended June 30, 2025[44] - Amcor expects adjusted Free Cash Flow of approximately $900 million to $1,000 million for the year ended June 30, 2025[44] Merger and Synergies - The merger with Berry Global closed, and integration has commenced earlier than anticipated[11,45] - Amcor expects to deliver $260 million of synergy benefits in fiscal year 2026[21,22] - Amcor has clear visibility to $650 million total synergies expected by year 3[19,22,24] - Amcor anticipates $280 million in one-time cash benefits from working capital efficiencies offsetting costs to achieve synergies[20,24] Segment Performance - Flexibles segment net sales up 1% to $2,605 million in 3Q25[31] - Rigid Packaging segment net sales down 3% to $728 million in 3Q25[36]

Financial Performance - Amcor reported net sales of $9,927 million for the nine months ended March 31, 2025, a decrease of 2% compared to the previous year[9]. - Adjusted EPS for fiscal 2025 is projected to be between 72-74 cents per share, with adjusted free cash flow expected to be $900-1,000 million[1]. - Adjusted EBIT for the nine months ended March 31, 2025, was $1,112 million, reflecting a 3% increase on a comparable constant currency basis[11]. - The Flexibles segment reported net sales of $7,667 million, up 1% compared to the previous year, with an adjusted EBIT margin of 13.1%[21]. - The Rigid Packaging segment experienced a 10% decline in net sales to $728 million, primarily due to the divestment of the Bericap Joint Venture[28]. - Net sales for the nine months ended March 31, 2025, were $9,927 million, an 8% decrease compared to $10,105 million in the prior year, with a 2% unfavorable impact from foreign exchange rates[32]. - Adjusted EBIT for the same period was $171 million, approximately 1% lower than last year, with an adjusted EBIT margin of 7.6%, which is 10 basis points higher than the previous year[35]. - Adjusted free cash outflow for the nine months ended March 31, 2025, was $17 million, a significant decline from an inflow of $115 million in the prior year, primarily due to higher inventories[39]. - The company reported a net income of $557 million for the nine months ended March 31, 2025, compared to $479 million in the prior year[52]. - For the three months ended March 31, 2025, adjusted EBITDA was $477 million, a decrease of 4% compared to the previous year[56]. - Net income attributable to Amcor for the nine months ended March 31, 2025, increased to $550 million, up from $473 million in the same period last year, representing a growth of 16.3%[58]. - Adjusted EPS for the three months ended March 31, 2025, was 13.6 US cents, compared to 12.9 US cents for the same period in 2024, reflecting a growth of 5.4%[56]. - The company reported adjusted free cash flow of $20 million for the three months ended March 31, 2025, down from $63 million in the same period last year[56]. - Adjusted EBIT for the three months ended March 31, 2025, was $384 million, a decrease of 3% from $397 million in the same period last year[61]. - The adjusted EBIT margin for the three months ended March 31, 2025, was 11.5%, compared to 11.6% in the same period last year[61]. Merger and Integration - The merger with Berry Global is expected to deliver $650 million in identified synergies over three years, with $260 million of pre-tax synergies anticipated in fiscal 2026[2]. - The company is positioned for faster integration with Berry Global following the merger closure, enhancing its customer offerings and innovation capabilities[2]. - Amcor completed the merger with Berry Global Group, Inc. on April 30, 2025, which is expected to enhance operational synergies[67]. - Risks associated with the merger include integration challenges, unexpected costs, and potential litigation, which could adversely affect business operations[67]. Cash Flow and Debt - Cash and cash equivalents increased to $2,045 million as of March 31, 2025, up from $457 million at the beginning of the year[53]. - Net debt as of March 31, 2025, was $6,752 million, with leverage at 3.5 times adjusted trailing twelve-month EBITDA, expected to decrease to approximately 3.4 times by June 30, 2025[40]. - Net debt increased from $6,111 million as of June 30, 2024, to $6,752 million as of March 31, 2025[66]. Market and Economic Conditions - North America beverage comparable constant currency net sales and volumes declined in the high single-digit range, while Latin America saw mid-single-digit growth due to favorable price/mix benefits[34]. - Management has indicated that rising interest rates could increase borrowing costs and negatively impact financial condition[68]. - The company faces significant competition and changing consumer demand patterns, which may affect its ability to expand effectively[67]. - The company is exposed to various risks including cybersecurity threats, climate change impacts, and regulatory changes that could affect operations[68]. Tax and Regulatory - For the nine months ended March 31, 2025, GAAP income tax expense was $141 million, compared to $107 million in the prior year, with an effective tax rate of 17.8%[38]. - The company emphasizes the importance of non-GAAP measures such as adjusted EBITDA and adjusted net income for evaluating performance, excluding non-recurring items[69]. - Amcor's guidance is provided on a non-GAAP basis due to uncertainties in predicting certain significant forward-looking items[71]. - The company has received a waiver from ASX's settlement operating rules, allowing deferral of processing conversions between its ordinary share and CDI registers from May 21, 2025, to May 22, 2025[72]. Inflation and Restructuring - The impact of highly inflationary accounting for the nine months ended March 31, 2025, was $8 million, compared to $55 million in the same period last year[58]. - The company incurred restructuring and related expenses of $35 million for the nine months ended March 31, 2025, down from $82 million in the same period last year[58].

Core Insights - Amcor has successfully completed its all-stock combination with Berry Global, enhancing its position as a global leader in consumer and healthcare packaging solutions [2][3][4] - The merger is expected to deliver significant synergies, with an estimated $650 million in total synergies by the end of fiscal year 2028, leading to an adjusted EPS accretion of approximately 12% in fiscal year 2026 [1][4] - The company anticipates annual cash flow exceeding $3 billion by fiscal year 2028, providing substantial capacity for organic reinvestment, value-accretive M&A, and shareholder returns through dividends and share repurchases [1][4] Financial Projections - Amcor expects to achieve $260 million in pre-tax synergies in fiscal 2026, contributing to the overall EPS growth [4] - By the end of fiscal 2028, total pre-tax synergy benefits are projected to reach approximately $650 million, along with an additional $280 million in one-time cash benefits from working capital improvements [4] - The expected annual cash flow of over $3 billion by fiscal 2028 will enhance the company's ability to invest in growth and return value to shareholders [1][4] Strategic Positioning - The merger allows Amcor to refine its portfolio, enhance average growth rates, margins, and cash generation, positioning the company to meet evolving customer and consumer needs [2][3][5] - Amcor's CEO emphasized the importance of leveraging the combined company's global footprint and enhanced innovation capabilities to drive consistent growth and improve margins [4][5] - The integration of Amcor and Berry Global is expected to create a stronger company with a broader offering for customers, ultimately driving long-term value creation for shareholders [4][5]

Core Viewpoint - Amcor Plc (AMCR) is set to report its third-quarter fiscal 2025 results on April 30, with revenue expectations of $3.51 billion, reflecting a 2.9% increase year-over-year, and earnings per share estimated at 18 cents, indicating no change from the previous year [1] Financial Estimates - The Zacks Consensus Estimate for AMCR's fiscal third-quarter revenues is $3.51 billion, indicating a 2.9% growth from the year-ago figure [1] - The consensus estimate for earnings is 18 cents per share, which has decreased by 5.3% over the past 60 days [1][2] - The Earnings ESP for AMCR is -2.17%, suggesting a lower likelihood of an earnings beat this quarter [3] Volume and Segment Performance - Amcor's total volume growth was negative for seven consecutive quarters until Q4 of fiscal 2024, where it saw a 1% increase, followed by 2% growth in both Q1 and Q2 of fiscal 2025 [4] - The Flexible segment is projected to achieve a volume growth of 4.9% in Q3, with sales expected to reach $2.68 billion, representing a 3% year-over-year increase [7] - The Rigid Packaging segment is estimated to have a 4.1% rise in volumes, with sales projected at $0.85 billion, indicating a 4% year-over-year growth [8] Market Dynamics - Amcor has been facing supply shortages and price volatility in certain resins and raw materials due to market dynamics and inflation, which are expected to impact Q3 earnings [6] - Overall price/mix benefits are anticipated to be a negative 1.9% for the quarter [5] Recent Developments - The European Commission has approved the merger between Amcor and Berry Global Group, which is set to close on April 30, 2025, pending certain conditions [9] - Over the past year, Amcor's shares have increased by 10.6%, outperforming the industry, which saw a 2.3% decline [10]

ZURICH, April 25, 2025 /PRNewswire/ -- Amcor plc ("Amcor") (NYSE: AMCR, ASX: AMC) will announce its fiscal 2025 third quarter results for the three month period ended March 31, 2025, after the U.S. market closes on Wed., April 30, 2025. A conference call and webcast to discuss Amcor's results will be held at 5.30 p.m. U.S. Eastern Daylight Time on Wed., April 30 / 7.30 a.m. Australian Eastern Standard Time on Thurs., May 1. For those wishing to participate in the call, please use the following dial-in numbe ...

Core Points - The European Commission has granted unconditional approval for the merger between Amcor and Berry, allowing the companies to proceed towards closing the transaction, expected on April 30, 2025 [1][2] Company Overview Amcor - Amcor plc is a global leader in responsible packaging solutions, generating $13.6 billion in annual sales in fiscal year 2024, with operations in 212 locations across 40 countries [4] - The company focuses on innovative packaging that is recyclable, reusable, and made with recycled content [4] Berry - Berry Global Group, Inc. is recognized for its innovative packaging solutions, emphasizing sustainability and serving a diverse customer base globally [5] - The company employs over 34,000 people across more than 200 locations, leveraging its capabilities to support the circular economy [5]

The market expects Amcor (AMCR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the st ...

Amcor Plc (AMCR) announced the completion of construction of its state-of-the-art coating facility for healthcare packaging in Selangor, MY. This move expands Amcor’s existing healthcare packaging plant in Selangor.AMCR’s Facility to Set Standard EfficiencyWith the construction of the new facility, Amcor created an integrated campus that will enable the company to produce top and bottom substrates for medical device packaging in Asia. This will result in improved supply-chain stability and shorter lead time ...

ZURICH, April 14, 2025 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has been recognized with an 'AA' rating by MSCI ESG Research for its strong sustainability performance. This rating underscores Amcor's commitment to environmental, social and governance (ESG) leadership and highlights its progress in advancing more sustainable packaging solutions. Amcor has been recognized with an ‘AA’ rating by MSCI ESG Research for its stro ...

Amcor (AMCR) shares rallied 5.3% in the last trading session to close at $9.02. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 14.3% loss over the past four weeks.Amcor’s shares got a boost yesterday after U.S President Trump announced a 90-day pause on certain tariffs for most countries (except China). Amcor operates in around 212 principal manufacturing sites spanning more than 40 countries.This packaging ...