AMC 0.99% $15.26 amcor plc

Ann: Form 8-K - 1Q 2021 Results, page-32

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    Its flying alright. Great report

    Amcor reports first half results and raises outlook for fiscal 2021 Highlights - Six Months Ended December 31, 2020
    • GAAP Net Income of $417 million, up 65%; GAAP earnings per share (EPS) of 26.5 cents per share, up 71%;
    • Adjusted EPS of 33.3 cents per share, up 16% in constant currency terms;
    • Adjusted EBIT of $743 million, up 8% in constant currency terms;
    • $35 million Bemis cost synergies in H1; expect approximately $70 million (previously $50-$70 million) in FY21;
    • A further $200 million of share repurchases approved bringing the total announced in fiscal 2021 to $350 million;
    • Quarterly dividend higher than last year at 11.75 cents per share; and
    • Fiscal 2021 outlook for adjusted EPS growth raised to 10-14% in constant currency terms (previously 7-12%)
 
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