Amcor Announces Strong Fiscal 2024 Results and Outlook

Financial Highlights

Amcor reports robust financial performance for the fiscal year 2024, with strong results in the fourth quarter exceeding expectations.

Key highlights include:

• Volume growth in the fourth quarter, reversing the declining trend seen in previous quarters.
• Share repurchases of approximately 3 million shares, totaling $30 million.

Outlook for Fiscal 2025

Amcor anticipates continued strong growth in the underlying business for fiscal 2025.

Interim CEO Peter Konieczny stated that Amcor expects positive performance driven by:

• Sustained demand from key end markets.
• Ongoing cost optimization initiatives.