Amcor reports fiscal 2024 results

Amcor Interim CEO Peter Konieczny said: “Amcor finished fiscal 2024 strongly, as the underlying businessdelivered another sequential improvement in volume and earnings growth, with fourth quarter adjusted EPS up9%, ahead of the expectations we set out in April. Volumes returned to year on year growth in the quarter ascustomer demand improved and our teams maintained their outstanding focus on managing costs, drivingstrong margin expansion. Annual adjusted free cash flow was at the top end of our guidance range and up 12%on last year.

June 2024 Quarter Highlights:

  • Another sequential improvement in volumes and earnings growth;
  • Net sales of $3,535 million; volumes returned to growth, up 1%;
  • GAAP net income of $257 million; GAAP diluted earnings per share (EPS) of 17.8 cps;

Fiscal 2024 Full Year Highlights:

  • Net sales of $13,640 million;
  • GAAP Net Income of $730 million; GAAP diluted EPS of 50.5 cps;
  • Cash returns to shareholders of approximately $750 million: annual dividend increased to 50.0 cents pershare and $30 million of shares repurchased.Fiscal 202
    details at: https://www.amcor.com/media/news/amcor-reports-full-year-2024-financial-results
Back To Top
×Close search
Search