Sunday, February 16, 2025

Amcor Reports Strong Q2 2025 Results, Reaffirms Fiscal Outlook

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On the 13th day of December in 2024, Amcor had a net sale of $3.24 billion for the reported quarter and $6.59 billion in the first half of the fiscal 2025 year. For Q2 Amcor’s net sales demonstrate stable growth which the company has reinforced confidence in their strategy. Amcor has released their financial results for the second quarter and half of the 2025 fiscal year and confirmed resilience in operations against challenging markets.

The diluted EPS for the quarter was 11.3 cents along with a net income of $163 million. Adjusted EBIT and adjusted EPS set new records with 5% increase of comparable constant or $363 million and increased of 5% to 16.1 cents. For the first half of the Fiscal 2025 year, GAAP net income set record with $354 million and a diluted EPS of 24.4. Adjusted EBIT for the period grew by 4% to $728 million and Adjusted EPS postered a 5% boom to 32.2 cents.

Amcor CEO Peter Konieczny pointed to the company’s stable financials, noting volume advancement in each of the last four quarters. He also expressed confidence that Amcor would meet its fiscal 2025 guidance of 72-76 cents adjusted EPS and free cash flow of $900 million to $1 billion.

Important this quarter was Amcor’s announced merger with Berry Global, which is expected to strengthen the company’s market position and produce synergies of roughly $650 million. This merger enhances Amcor’s ability to provide sustainable packaging solutions and broadened its portfolio in the consumer and healthcare sectors. The transaction is expected to close mid 2025.

With respect to segments, the Flexibles division delivered $2.51 billion in net sales for the quarter, which was 1% higher than last year due to greater volumes in important regions. The Rigid Packaging Segment suffered a 5% drop in net sales to $730 million due to weaker demand in North American beverages.

Amcor also declared a quarterly cash dividend of 12.75 cents per share payable March 18, 2025, further demonstrating its commitment to returning capital to shareholders. The board of directors reinforced its confidence in Amcor’s growth strategy.

Fueled by strong financial performance, a potential merger, innovation, and forward-looking operational efficiency, Amcor is poised to take advantage of growth opportunities in the international packaging marketplace.