June 9 (Reuters) - Amcor Ltd (AMC) :
- Initiatives are expected to generate a pre-tax return of approximately 35% on the cash invested within three years
- The total cash investment is expected to be US$120 million to US$150 million across the 2017 and 2018 financial years
- Of the pre-tax costs, approximately US$90 to US$100 million is expected to be incurred in the 2016 financial year
- Initiatives announced are focused on the Flexibles segment
- The flexibles segment is expected to deliver pre-tax earnings growth of more than US$100 million over the next 3 years
- Footprint optimisation in Flexibles segment will likely result in the restructuring or closure of several plants in developed markets
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Last
$12.40 |
Change
-0.200(1.59%) |
Mkt cap ! $8.669B | |||
| Open | High | Low | Value | Volume |
| $12.49 | $12.51 | $12.36 | $96.33M | 7.748M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4250 | $12.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.44 | 1763 | 4 |
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| AMC (ASX) Chart |