Highlights – 3 Months Ended September 30, 2025:

• First complete quarter working as a mixed Amcor and Berry industry;
• Web gross sales $5,745 million, up 68% with the exception of foreign money affect;
• GAAP Web source of revenue $262 million together with acquisition linked prices; GAAP diluted EPS of eleven.3 cps;
• Adjusted EBITDA $909 million, up 92% and changed EBIT $687 million, up 85% with the exception of foreign money affect;
• Synergies of roughly $38 million at higher finish of anticipated field;
• Adjusted EBIT margins of 12.0%, up 110 foundation issues;
• Adjusted EPS of nineteen.3 cps, up 18% with the exception of foreign money affect; and
• Quarterly dividend larger to 13.0 cents according to proportion.

Fiscal 2026 outlook reaffirmed:

• Adjusted EPS 80-83 cps representing 12-17% consistent foreign money expansion; Isolated Money Tide $1.8-1.9 billion.

ZURICH, Nov. 5, 2025 /PRNewswire/ —

Berry International acquisition

On April 30, 2025, the all-stock acquisition of Berry International used to be finished at a hard and fast alternate ratio of seven.25 Amcor habitual stocks for every Berry proportion.

This transformational acquisition establishes Amcor as the worldwide chief in client packaging and dishing out answers for diet, condition, attractiveness and wellness with the original subject matter science and innovation features to fulfill consumers’ and customers’ sustainability aspirations. With a couple of untouched expansion alternatives and $650 million of recognized pre-tax synergies via fiscal 2028, Amcor believes it’s smartly positioned to bring vital near- and long-term price for patrons and shareholders. 

Branch reporting

The International Versatile Packaging Answers branch contains Amcor’s legacy Versatile Packaging industry and the got Berry International Flexibles industry.

The International Inflexible Packaging Answers branch contains Amcor’s legacy Inflexible Packaging industry and the got Berry International Shopper Packaging Global and Shopper Packaging North The usa companies.

Integration and synergies

Integration of the Berry industry is progressing smartly and led to roughly $38 million of synergies within the first quarter, of which roughly $5 million favorably impacted pastime expense with the excess $33 million favorably impacting adjusted EBIT. Integration is continuing in crease with expectancies and Amcor’s groups are on the right track to bring no less than $260 million of pre-tax synergy advantages within the 2026 fiscal yr, which represents 12% EPS accretion, as an immediate results of the purchase.  Amcor believes the corporate is easily positioned to succeed in the in the past introduced general pre-tax synergy advantages of $650 million by way of the tip of the 2028 fiscal yr.     

Shareholder returns

Dividend

The Board’s self assurance in Amcor’s close to and long run expansion alternatives and skill to generate vital loose coins tide is mirrored in as of late’s declaration of an larger quarterly coins dividend of 13.0 cents according to proportion (when compared with 12.75 cents according to proportion in the similar quarter utmost yr). The dividend can be paid in US greenbacks to holders of Amcor’s habitual stocks buying and selling at the NYSE. Holders of CDIs buying and selling at the ASX will obtain an unfranked dividend of nineteen.78 Australian cents according to proportion, which displays the quarterly dividend of 13.0 cents according to proportion transformed at an AUD:USD moderate alternate fee of 0.6572 over the 5 buying and selling days ended November 3, 2025.

The ex-dividend generation can be November 27, 2025 for holders of CDIs buying and selling at the ASX and November 28, 2025 for holders of stocks buying and selling at the NYSE.  For all shareholders, the file generation can be November 28, 2025 and the cost generation can be December 17, 2025. 

 Monetary effects – 3 Months Ended September 30, 2025

Branch data

Web gross sales of $5,745 million have been 68% upper than utmost yr on a continuing foreign money foundation, together with roughly $2.4 billion of got gross sales web of divestments, which represents expansion of roughly 70% and an destructive affect of roughly 1% from the go via of decrease uncooked subject matter prices. The excess yr over yr variation displays the affect of volumes and worth/combine.

Quantity efficiency used to be widely indistinguishable to the fourth quarter of fiscal 2025 and roughly 2% not up to estimated mixed volumes for the legacy Amcor and legacy Berry companies within the September quarter utmost yr, with the exception of non-core North The usa beverage.   The Corporate estimates that worth/combine had refuse subject matter affect on web gross sales.

Adjusted EBIT of $687 million used to be 85% upper than utmost yr on a continuing foreign money foundation, together with roughly $295 million of got EBIT web of divestments (represents expansion of roughly 81%).  The excess yr over yr variation principally displays synergy advantages from the Berry acquisition of roughly $33 million, disciplined price efficiency and stepped forward productiveness, partially offset by way of decrease volumes and an destructive worth/combine affect on profits.  

Adjusted EBIT margins of 12.0% have been 110 foundation issues upper than the prior yr.

International Versatile Packaging Answers branch

Web gross sales of $3,257 million have been 25% upper than utmost yr on a continuing foreign money foundation together with roughly $640 million of got gross sales web of divestments, which represents expansion of roughly 25% and a good affect of roughly 1% from the go via of upper uncooked subject matter prices.  The excess yr over yr variation displays the affect of volumes and worth/combine. 

The Corporate estimates that volumes for the International Versatile Packaging Answers branch have been 2.8% decrease in comparison to volumes for the mixed legacy Amcor and Berry companies within the September quarter utmost yr.  In North The usa, volumes have been ailing low unmarried digit % with expansion in divisions together with healthcare and attractiveness & wellness greater than offset by way of decrease volumes in divisions together with liquids, snacks and confectionary and unconverted motion pictures.  Volumes have been decrease in Europe with expansion in divisions together with healthcare and petcare greater than offset by way of decrease volumes in divisions together with attractiveness & wellness, confectionary and unconverted motion pictures.  Volumes throughout rising markets have been in crease with the prior yr reflecting expansion in Asia Pacific offset by way of quantity declines in Latin The usa.  The Corporate estimates that worth/combine had a good affect on web gross sales pushed by way of higher relative quantity efficiency of upper price packaging answers.

Adjusted EBIT of $426 million used to be 28% upper than utmost yr on a continuing foreign money foundation, reflecting roughly $75 million of got EBIT, web of divestments (represents expansion of roughly 23%).  The excess yr over yr expansion principally displays synergy advantages from the Berry acquisition and stepped forward price efficiency and productiveness, partially offset by way of decrease volumes.  

International Inflexible Packaging Answers branch

Web gross sales of $2,488 million have been 205% upper than utmost yr on a continuing foreign money foundation, together with roughly $1.7 billion of got gross sales web of divestments, which represents expansion of roughly 215% and an destructive affect of roughly 6% from the go via of decrease uncooked subject matter prices.  The excess yr over yr variation displays the affect of volumes and worth/combine. 

Quantity efficiency used to be indistinguishable to the fourth quarter of fiscal 2025 and roughly 1% not up to estimated mixed volumes for the legacy Amcor and Berry companies within the September quarter utmost yr, with the exception of non-core North The usa beverage.   In North The usa, volumes have been in crease with the prior yr with the exception of the non-core North The usa beverage industry, with expansion in divisions together with petcare and forte bins offset by way of decrease volumes in divisions together with attractiveness & wellness, meals and foodservice.  Volumes in Europe have been marginally not up to the prior yr, with expansion in divisions together with healthcare and liquids greater than offset by way of decrease volumes in divisions together with meals and attractiveness & wellness.  Volumes have been ailing low unmarried digit % throughout rising markets, essentially in Latin The usa.  The Corporate estimates that worth/combine had an destructive affect on web gross sales.

Adjusted EBIT of $295 million used to be 365% upper than utmost yr on a continuing foreign money foundation, together with roughly $240 million of got EBIT web of divestments (represents expansion of roughly 391%).  The excess yr over yr variation principally displays decrease volumes (predominantly within the North The usa beverage industry) and an destructive worth/combine affect, partially offset by way of synergy advantages from the Berry acquisition and disciplined price efficiency. 

Adjusted EBIT margins of eleven.9% have been 420 foundation issues upper than the prior yr reflecting the enhanced component of the mixed industry.

Web pastime and source of revenue tax expense

For the 3 months ended September 30, 2025, GAAP web pastime expense of $153 million compares with $75 million utmost yr.  Adjusted web pastime expense for the 3 months ended September 30, 2025 of $140 million used to be $65 million upper than utmost yr because of larger acquisition linked web debt.  GAAP source of revenue tax expense used to be $49 million when compared with $43 million utmost yr. Adjusted tax expense for the 3 months ended September 30, 2025 of $99 million when compared with $54 million utmost yr. Adjusted tax expense for the 3 months ended September 30, 2025 represents an efficient tax fee of 18.0%, when compared with 18.6% within the prior yr.

Isolated Money Tide

For the 3 months ended September 30, 2025, loose coins outflow used to be $343 million, in-line with expectancies upcoming investment roughly $115 million of web acquisition linked coins prices.  Previous to investment of acquisition linked coins prices coins tide larger by way of greater than $160 million when compared with utmost yr. Web debt used to be $13,999 million at September 30, 2025.  

Fiscal 2026 steering reaffirmed

For the fiscal yr finishing June 30, 2026, the Corporate continues to be expecting:

• Adjusted EPS of roughly 80 to 83 cents according to proportion, which represents consistent foreign money expansion of 12% to 17% when compared with 71.2 cents according to proportion in fiscal 2025. This contains pre-tax synergy advantages linked to the Berry International acquisition of no less than $260 million.
• Isolated Money Tide of roughly $1.8 billion to $1.9 billion, which is upcoming deducting roughly $220 million of web coins integration and transaction prices linked to the Berry International acquisition.

Alternative steering concerns come with:

• Capital expenditure between $850 to $900 million;
• Web pastime expense of roughly $570 to $600 million; and
• An efficient tax fee between 19% and 21%.

Amcor’s steering for fiscal 2026 displays a complete twelve months possession of the Berry International industry and does now not keep in mind the affect of doable portfolio optimization movements that could be finished during the yr.

Amcor’s steering contemplates a field of things which form a point of lack of certainty and complexity when estimating pace monetary effects.  Additional data may also be discovered below ‘Cautionary Statements Referring to Ahead-Having a look Statements’ on this drop.  Reconciliations of the fiscal 2026 projected non-GAAP measures don’t seem to be incorporated herein for the reason that particular person elements don’t seem to be recognized with walk in the park as particular person monetary statements for fiscal 2026 have now not been finished.

Convention Name

Amcor is website hosting a convention name with buyers and analysts to talk about those effects on Wednesday November 5, 2025 at 5:30pm US Japanese Usual Life / Thursday November 6, 2025 at 9:30am Australian Japanese Sunlight Life. Buyers are invited to hear a are living webcast of the convention name at our web page, www.amcor.com, within the “Investors” category.

The ones wishing to get entry to the decision must utility refer to toll-free numbers, with the Convention ID: 6121370

• USA: 800 715 9871 (toll loose)
• USA: 646 307 1963 (native)
• Australia: 1800 519 630 (toll loose), 02 9133 7103 (native)
• United Kingdom: 0800 358 0970 (toll loose), 020 3433 3846 (native)
• Singapore: +65 3159 5133 (native)
• Hong Kong: +852 3002 3410 (native)

From all alternative international locations, the decision may also be accessed by way of dialing +1 646 307 1963 (toll).

A replay of the webcast can be to be had within the ‘Buyers” category at www.amcor.com following the decision.

About Amcor

Amcor is the worldwide chief in growing and generating accountable client packaging and dishing out answers throughout quite a lot of fabrics for diet, condition, attractiveness and wellness divisions. Our international product innovation and sustainability experience allows us to resolve packaging demanding situations world wide each moment, generating a field of versatile packaging, inflexible packaging, cartons and closures which might be extra sustainable, useful and interesting for our consumers and their customers. We’re guided by way of our function of raising consumers, shaping lives and protective the pace. Supported by way of a constancy to protection, over 75,000 society generate $23 billion in annualized gross sales from operations that span over 400 places in additional than 40 international locations.        NYSE: AMCR; ASX: AMC 

www.amcor.comI  LinkedIn  I  YouTube

Cautionary Observation Referring to Ahead-Having a look Statements 

Except in a different way indicated, references to “Amcor,” the “Company,” “we,” “our,” and “us” on this file the following Amcor plc and its consolidated subsidiaries. This file accommodates sure statements which might be “forward-looking statements” throughout the that means of the defend harbor provisions of the U.S. Non-public Securities Litigation Reform Work of 1995. Ahead-looking statements are normally recognized with phrases like “believe,” “expect,” “target,” “project,” “may,” “could,” “would,” “approximately,” “possible,” “will,” “should,” “intend,” “plan,” “anticipate,” “commit,” “estimate,” “potential,” “ambitions,” “outlook,” or “continue,” the unfavorable of those phrases, alternative phrases of indistinguishable that means, or the utility of pace dates. Such statements are in response to the modern expectancies of the control of Amcor and are certified by way of the inherent dangers and uncertainties situation pace expectancies normally. Latest effects may just fluctuate materially from the ones lately expected because of a variety of dangers and uncertainties. Neither Amcor nor any of its respective administrators, govt officials, or advisors, handover any illustration, pledge, or contract that the incidence of the occasions expressed or implied in any forward-looking statements will in reality happen or if any of them do happen, what affect they are going to have at the industry, result of operations or monetary status of Amcor. Must any dangers and uncertainties form into latest occasions, those tendencies will have a subject matter hostile impact on Amcor’s industry, together with the power to effectively notice the anticipated advantages of the merger of Amcor and Berry International Staff, Inc. Dangers and uncertainties that would motive latest effects to fluctuate from expectancies come with, however don’t seem to be restricted to: dangers bobbing up from the mixing of the Amcor and Berry International Staff, Inc., (“Berry”) companies because of the merger finished on April 30, 2025 (the “Transaction” or “Merger”); possibility of endured considerable and sudden prices or bills as a result of the Transaction; possibility that the predicted advantages of the Transaction will not be learned when anticipated or in any respect; possibility that the Corporate’s vital indebtedness might restrict its flexibility and build up its borrowing prices; possibility that the Merger-related tax liabilities will have a subject matter affect at the Corporate’s monetary effects; possibility that the strategic assessment of our portfolio might motive disruptions to our industry or won’t lead to of completion of a transaction to restructure or divest non-core companies or won’t form supplementary price for our shareholders; adjustments in client call for patterns and buyer necessities in various industries; possibility of lack of key consumers, a discount of their manufacturing necessities, or consolidation amongst key consumers; vital festival within the industries and areas wherein we function; an incapability to make bigger our modern industry successfully via both natural expansion, together with product innovation, investments, or acquisitions; difficult international financial statuses; affects of working across the world; worth fluctuations or shortages within the availability of uncooked fabrics, power and alternative inputs, which might adversely impact our industry; manufacturing, provide, and alternative business dangers, together with counterparty credit score dangers, that could be exacerbated in occasions of financial volatility; pandemics, epidemics, or alternative weakness outbreaks; an incapability to draw, form, and conserve our professional body of workers and top key transitions; exertions disputes and an incapability to resume collective bargaining assurances at applicable phrases; bodily affects of weather alternate; vital disruption at a key production facility; cybersecurity dangers, which might disrupt our operations or possibility of lack of our delicate industry data; screw ups or disruptions in our data era programs which might disrupt our operations, compromise buyer, worker, provider, and alternative knowledge; emerging rates of interest that build up our borrowing prices on our variable fee indebtedness and will have alternative unfavorable affects; foreign currencies fee possibility; a vital write-down of approval and/or alternative intangible belongings; a failure to uphold an efficient machine of inner keep an eye on over monetary reporting; an incapability of our insurance coverage insurance policies, together with our utility of a captive insurance coverage corporate, to handover sufficient coverage towards all the key operational dangers we are facing; an incapability to preserve our highbrow constituent rights or highbrow constituent infringement claims towards us; litigation, together with product legal responsibility claims or litigation linked to Environmental, Social, and Governance (“ESG”) issues, or regulatory tendencies; expanding scrutiny and converting expectancies from buyers, consumers, providers, and governments with admire to our ESG practices and loyalty to bring about supplementary prices or publicity to supplementary dangers; converting ESG govt laws together with climate-related regulations; converting environmental, condition, and protection regulations; adjustments in tax regulations or adjustments in our geographic mixture of profits; and adjustments in industry coverage, together with tariff and customized laws or failure to agree to such laws.  Those dangers and uncertainties are supplemented by way of the ones recognized from generation to generation in our filings with the Securities and Trade Fee (the “SEC”), together with with out limitation, the ones described below Section I, “Item 1A – Risk Factors” in our Annual File on Mode 10-Ok for the fiscal yr ended June 30, 2025, and as up to date by way of our quarterly stories on Mode 10-Q. You’ll download copies of Amcor’s filings with the SEC for loose on the SEC’s web page (www.sec.gov). Ahead-looking statements incorporated herein are made simplest as of the generation hereof and Amcor does now not adopt any legal responsibility to replace any forward-looking statements, or any alternative data on this conversation, because of untouched data, pace tendencies or in a different way, or to proper any inaccuracies or omissions in them which grow to be obvious, with the exception of as expressly required by way of regulation. All forward-looking statements on this conversation are certified of their entirety by way of this cautionary commentary.

Presentation of non-GAAP data

Integrated on this drop are measures of economic efficiency that don’t seem to be calculated based on U.S. GAAP. Those measures come with adjusted EBITDA and EBITDA (calculated as profits prior to pastime and tax and depreciation and amortization), adjusted EBIT and EBIT (calculated as profits prior to pastime and tax), adjusted web source of revenue, adjusted profits according to proportion, adjusted loose coins tide, and web debt.  In arriving at those non-GAAP measures, we exclude pieces that both have a non-recurring affect at the source of revenue commentary or which, within the judgment of our control, are pieces that, both because of their nature or dimension, may just, have been they now not singled out, doubtlessly motive buyers to extrapolate pace efficiency from an fallacious bottom. Observe that hour amortization of got intangible belongings is excluded from non-GAAP adjusted monetary measures, the income of the got entities and all alternative bills except in a different way said, are mirrored in our non-GAAP monetary efficiency profits measures. Day now not all inclusive, examples of this stuff come with: subject matter restructuring systems, together with related prices similar to worker severance, pension and linked advantages, impairment of constituent and kit and alternative belongings, speeded up depreciation, termination bills for agreements and rentals, contractual duties, and any alternative qualifying prices linked to restructuring plans; subject matter gross sales and profits from disposed or ceased operations and any related benefit or loss on sale of companies or subsidiaries; adjustments within the honest price of financial hedging tools on business paper and contingent acquire attention; pension settlements; impairments in approval and fairness mode investments; subject matter acquisition repayment and transaction prices similar to due diligence bills, skilled and criminal charges, financing-related bills; and integration prices; subject matter acquire accounting changes for stock; amortization of got intangible belongings from industry mixture; features or losses on vital constituent and divestitures and important constituent and alternative impairments, web of insurance coverage cure; sure regulatory and criminal issues; affects from extremely inflationary accounting; bills linked to the Corporate’s Prominent Government Officer transition; and affects linked to the Russia-Ukraine battle.

Amcor additionally evaluates efficiency on a related consistent foreign money foundation, which measures monetary effects assuming consistent foreign currencies alternate charges old for translation in response to the typical charges in impact for the related prior yr duration. To deliver to compute related consistent foreign money effects, we multiply or divide, as suitable, current-year U.S. greenback effects by way of the modern yr moderate foreign currencies charges and nearest multiply or divide, as suitable, the ones quantities by way of the prior-year moderate foreign currencies charges. We nearest alter for alternative pieces affecting comparison. Day now not all inclusive, examples of things affecting comparison come with the residue between gross sales or profits within the modern duration and the prior duration linked to disposed, or ceased operations. Related consistent foreign money web gross sales efficiency additionally excludes the affect from passing via actions in uncooked subject matter prices.  

Control has old and makes use of those measures internally for making plans, forecasting and comparing the efficiency of the Corporate’s reporting sections and sure of the measures are old as a constituent of Amcor’s Board of Administrators’ dimension of Amcor’s efficiency for incentive repayment functions. Amcor believes that those non-GAAP measures are helpful to allow buyers to accomplish comparisons of modern and ancient efficiency of the Corporate. For every of those non-GAAP monetary measures, a reconciliation to essentially the most without delay related U.S. GAAP monetary measure has been equipped herein. Those non-GAAP monetary measures must now not be construed as an backup to effects motivated based on U.S. GAAP. The Corporate supplies steering on a non-GAAP foundation as we’re not able to expect with cheap walk in the park the closing consequence and timing of sure vital forward-looking pieces with out unreasonable attempt.  This stuff come with however don’t seem to be restricted to the affect of foreign currencies translation, restructuring program prices, asset impairments, conceivable features and losses at the sale of belongings, sure tax linked occasions, and issue in making correct forecasts and projections in reference to the legacy Berry International industry given recency of get entry to to all related data. This stuff are unsure, rely on numerous elements, and will have a subject matter affect on U.S. GAAP profits and coins tide measures for the steering duration.

Presentation of mixed quantity efficiency

To deliver to handover essentially the most significant comparability of result of quantity efficiency by way of patch and finish marketplace for Amcor plc and for every of its reportable sections, the Corporate has incorporated remark to replicate Amcor’s estimate of year-over-year quantity efficiency for the 3 months ended September 30, 2025 when compared with estimated mixed volumes for the legacy Amcor and Berry International companies for the 3 months ended September 30, 2024. The mixed quantity efficiency data has been offered for informational functions and Amcor believes this data displays the affect of the combo together with allocation of volumes around the mixed manufacturing footprint since Would possibly 1, 2025.  For the avoidance of indecision, mixed quantity efficiency data isn’t supposed to be, and used to be now not, ready on a foundation in line with professional forma monetary data required by way of Article 11 of Legislation S-X.

Dividends

Amcor has won a waiver from the ASX’s agreement working regulations, which is able to permit the Corporate to defer processing conversions between its habitual proportion and CDI registers from November 27, 2025 to November 28, 2025 inclusive. 

SOURCE Amcor