Financial Performance - In fiscal year 2024, the Flexibles Segment accounted for approximately 76% of consolidated net sales, while the Rigid Packaging Segment accounted for approximately 24%[24][25]. - Amcor's goodwill and other intangible assets amounted to $6.7 billion as of June 30, 2024, with annual reviews for impairment based on market conditions and business strategy changes[113]. - The company is exposed to foreign exchange rate risks, particularly with currencies like the Euro and Brazilian Real, which may negatively affect reported cash flow and financial results[109]. - Amcor's cash flow from operations is typically lower in the first half of the fiscal year and higher in the second half due to seasonal demand patterns[39]. - Changes in tax laws, including the OECD's proposed 15% global minimum tax, could impact the company's financial condition and effective tax rate starting July 1, 2024[136]. Sustainability and Innovation - Amcor spends approximately $100 million annually on research and development (R&D) to drive innovation in packaging solutions[33]. - The company aims to use 30% recycled materials in its products by 2030, having increased its target from previous commitments[16]. - Amcor's sustainability strategy includes a commitment to achieve net zero emissions by 2050, with near-term science-based targets validated in fiscal year 2024[36]. - The company has identified three key elements of responsible packaging: product innovation, consumer participation, and waste management infrastructure[32]. - The company is committed to achieving net zero greenhouse gas emissions by 2050, with interim emissions targets approved by the Science Based Targets initiative[125]. Workforce and Diversity - Amcor employs around 35,000 employees in the Flexibles Segment across 160 manufacturing and support facilities in 36 countries[24]. - As of June 30, 2024, Amcor had approximately 41,000 employees globally, with 31% in North America, 29% in Europe, 21% in Latin America, and 19% in the Asia Pacific region[42]. - Approximately 43% of Amcor's workforce is covered by collective bargaining agreements, with 20% of those agreements set to expire within one year as of June 30, 2024[42]. - As of June 30, 2024, 44% of Amcor's Board and 27% of its Global Management Team are composed of women, reflecting the company's commitment to diversity, equity, and inclusion[52]. - Amcor's fiscal years 2023-2027 Human Capital Strategy focuses on ensuring the right people are in the right jobs to drive growth, emphasizing talent development and succession planning[45]. Health and Safety - During fiscal year 2024, Amcor reduced the number of injuries by 12%, with 73% of its sites being injury-free, and a Total Recordable Incident Rate (TRIR) of 0.27, which is an improvement over fiscal year 2023[44]. - The company’s commitment to health and safety is reflected in its global Environment, Health, and Safety standards, aiming for a culture of care and an injury-free workplace[43]. Regulatory and Legal Compliance - Amcor's operations are subject to various governmental laws and regulations, and the company believes it is in substantial compliance with applicable health and safety and environmental laws[38]. - The company has been subject to Section 404 of the Sarbanes-Oxley Act since fiscal year 2020, which requires maintaining adequate internal controls over financial reporting[115]. - The company is subject to environmental, health, and safety laws, which may result in increased operational costs and liabilities[132]. - The company faces potential increased costs due to evolving ESG regulations, including compliance with climate-related rules and extended producer responsibility[126]. - The company operates under Jersey law, which may not provide the same level of legal certainty as U.S. jurisdictions, potentially affecting investor rights[138]. Risk Management - The company has implemented a hedging policy to manage foreign exchange fluctuations, although ineffective hedges could adversely impact financial results[111]. - The company utilizes a captive insurance company, Amcor Insurances Pte. Ltd., to retain a portion of its insurable risk, which may lead to significant financial implications if claims exceed reserves[117]. - A significant portion of the company's assets is located outside the U.S., complicating the enforcement of civil liabilities against its directors and officers[139]. - U.S. court judgments may face enforcement limitations outside the U.S., including in Australia and Jersey[140]. - The Royal Court of Jersey has non-exclusive jurisdiction for actions against the company, but is the sole forum for derivative shareholder actions[140]. - There is uncertainty regarding the enforcement of exclusive forum provisions for fiduciary duty breach claims in U.S. or Jersey courts[140].

Amcor plc (NYSE:AMCR) Q4 2024 Earnings Conference Call August 16, 2024 5:30 PM ET Company Participants Tracey Whitehead - Head of Investor Relations Peter Konieczny - Interim Chief Executive Officer Michael Casamento - Chief Financial Officer Conference Call Participants Ghansham Panjabi - Baird Keith Chau - MST Financial Services Adam Samuelson - Goldman Sachs Daniel Kang - CLSA Anthony Pettinari - Citi George Staphos - Bank of America James Wilson - Jarden Australia Brook Campbell-Crawford - Barrenjoey Ri ...

Amcor (AMCR) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this packaging company would post earnings of $0.17 per share when it actually produced earnings of $0.18, delivering a surprise of 5.88%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Amcor, which belongs to the ...

Fiscal 2024 Full Year results (twelve months ended June 30, 2024) Peter Konieczny Interim CEO Michael Casamento CFO August 15, 2024 US August 16, 2024 Australia NYSE: AMCR | ASX: AMC Disclaimers 2 Cautionary Statement Regarding Forward-Looking Statements This document contains certain statements that are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified with words lik ...

Exhibit 99.1 LEASE Amcor reports fiscal 2024 results and provides outlook for fiscal 2025 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; • Adjusted EBIT of $454 million, up 4% on a comparable constant currency basis; and • Adjusted EPS of 21.1 cps, up 9% on a comparable constant currency basis. Fiscal 2024 Full ...

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;Adjusted EBIT of $454 million, up 4% on a comparable constant currency basis; andAdjusted EPS of 21.1 cps, up 9% on a comparable constant currency basis.Fiscal 2024 Full Year Highlights: Net sales of $13,640 million;GAAP Net Income of $730 million;  GAAP diluted EPS of 50.5 ...

Amcor Plc (AMCR) is scheduled to report fourth-quarter fiscal 2024 results on Aug 15, after the closing bell.The Zacks Consensus Estimate for AMCR’s fiscal fourth-quarter revenues is pegged at $3.66 billion, indicating a 0.3% decline from the year-ago reported figure.The consensus estimate for earnings is pegged at 21 cents per share. The Zacks Consensus Estimate for AMCR’s fiscal fourth-quarter earnings has moved up 5% in the past 60 days. The estimate indicates year-over-year growth of 10.5%. Image Source ...

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ZURICH, Aug. 1, 2024 /PRNewswire/ -- Amcor plc (NYSE: AMCR; ASX: AMC) will announce its full year results for the twelve months ended 30 June 2024 after the US market closes on Thursday 15 August 2024.  A conference call and webcast to discuss the results will be held at 5.30pm US Eastern Daylight Time on Thursday 15 August 2024 / 7.30am Australian Eastern Standard Time on Friday 16 August 2024. For those wishing to participate in the call please use the following dial-in numbers:USA:                        ...

Stocks with long histories of dividend growth have stood the test of time. Among the most striking examples of such reliability are dividend aristocrats, a group of just 68 stocks within the S&P 500 index that have raised their dividends for at least 25 consecutive years.These dividend growth stocks have outlasted competitive threats, navigated recessions and kept raising dividends through it all. Better still, we can narrow this list of excellent dividend stocks to just those with yields above 4%.In this a ...