Amcor plc Earnings Recaps
Q2 2026
Feb 4, 2026
Amcor's Q2 FY2026 results reflect robust integration following the Berry acquisition, with adjusted EPS up 7% year-over-year and strong progress toward synergy realization.
Key takeaways
- Adjusted EPS of $0.86, maintaining momentum towards double-digit growth for the fiscal year.
- Synergies accelerated to $55 million in Q2, totaling $93 million for the first half, reinforcing confidence in meeting $160 million synergy target for FY2026.
- Free cash flow reached $289 million, with a quarterly dividend increase to $0.65 per share, underscoring commitment to shareholder returns.
- Core portfolio performance outpaced overall business, with adjusted EBIT margins around 12%, reflecting effective cost management and productivity gains.
- Ongoing evaluation of $2.5 billion in non-core assets aimed at positioning for sustainable long-term growth.
Q4 2025
Aug 14, 2025
Amcor's Q4 and full-year results reflect a strategic transformation following the Berry Global acquisition, positioning the company for strong future growth with anticipated adjusted EPS growth of 12% to 17% for fiscal 2026.
Key takeaways
- Q4 net sales and EBITDA saw significant increases due to the Berry acquisition, though legacy business volumes fell 1.7% below expectations.
- Integration efforts are progressing well, with a targeted $650 million in total synergies expected by fiscal 2028, including $260 million in fiscal 2026.
- New management structures have been established for the North American beverage business to address operational challenges and improve efficiency.
- Positive customer feedback and early business wins indicate successful initial integration and the value creation potential from the merger.
- A strategic portfolio review identifies non-core segments for potential divestiture, enhancing focus on Amcor's core consumer packaging and dispensing solutions.