Amcor

Amcor (NYSE: AMCR) is a global leader in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal-care, and other products. The company was listed on the NYSE in 2019 following its acquisition of Bemis Company.

Amcor works with leading companies worldwide to protect their products, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures and services. The company's main product offerings include:

• Flexible packaging for dry, fresh and prepared foods

• Packaging for coffee, tea and ready-to-drink beverages

• Flexible packaging for home and personal care products

• Flexible packaging for pharmaceuticals

• Sterilisable medical device packaging

• Industrial product packaging

Amcor is focused on making packaging that is increasingly light-weighted, recyclable and reusable, and made using an increasing amount of recycled content. In fiscal year 2023, Amcor generated USD 14.7 billion in annual sales from operations spanning 218 locations in 41 countries, with approximately 41,000 employees worldwide.

The company is pursuing several sustainability initiatives, including a commitment to develop all its packaging to be recyclable, compostable or reusable by 2025. Amcor is also investing in startups and technologies focused on more sustainable packaging solutions through its Amcor Lift-Off initiative and corporate venturing activities.

In fiscal 2023, Amcor reported net sales of USD 14.7 billion and adjusted EBIT of USD 1.6 billion. The company returned approximately USD 1.2 billion to shareholders through dividends and share repurchases. For fiscal 2024, Amcor is projecting adjusted earnings per share of 67-71 cents and adjusted free cash flow of USD 850-950 million.