Synergies from merger
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Amcor(AMCR) - 2025 Q3 - Earnings Call Presentation
2025-04-30 20:49
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]