AMC 0.48% $14.40 amcor plc

Its flying alright. Great report Amcor reports first half...

  1. 12,083 Posts.
    lightbulb Created with Sketch. 1756
    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%)
 
watchlist Created with Sketch. Add AMC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.