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Amcor Reports Fiscal 2024 Results And Provides Outlook For Fiscal 2025

Amcor Reports Fiscal 2024 Results and Provides Outlook for Fiscal 2025

Fiscal 2024 Highlights

  • Revenue increased by 13% to $13.6 billion.
  • Net income increased by 16% to $1.2 billion.
  • Adjusted EPS increased by 14% to 73 cents per share.
  • Free cash flow increased by 18% to $1.4 billion.

Fiscal 2025 Outlook

  • Revenue is expected to grow by 4-6%.
  • Net income is expected to grow by 5-7%.
  • Adjusted EPS is expected to grow by 6-8%.
  • Free cash flow is expected to increase by 5-7%.

Amcor's strong fiscal 2024 results were driven by a number of factors, including:

  • Increased demand for its packaging products.
  • Higher prices for its products.
  • Cost savings from its ongoing restructuring program.

The company expects continued growth in fiscal 2025, driven by:

  • Continued demand for its packaging products.
  • Further price increases.
  • Additional cost savings from its restructuring program.

Amcor is a leading global supplier of packaging solutions. The company has a strong track record of growth and profitability. Amcor's fiscal 2024 results and fiscal 2025 outlook are indicative of the company's continued success.


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