Another fantastic result. Well done to the team from a very happy shareholder.
Amcor (NYSE:AMCR) up 4.3% in premarket, after it reported a 42.3% rise in FY statutory net profit to $612M, propelled by earnings from the acquisition of Bemis and continued strong demand for its products despite COVID-19.The company reported full year net sales of $12.5B, up substantially on the prior year on a statutory basis, but below consensus of $12.7B.Annual dividend was increased to $0.46, including quarterly dividend of $0.115 declared today, which translates to A$0.16 dividend, unfranked.It said Bemis' integration was well ahead of original expectations, with pre-tax synergy benefits of $80M. CEO Ron Delia said “we made excellent progress in this first year of integration, with cost synergies ~30% higher than original expectations and performance across the combined flexibles packaging business building momentum".In terms of guidance for the new financial year, Amcor forecast free cash flow of ~$$1-$1.1B, and EPS growth of 5-10%.
- Forums
- ASX - By Stock
- Result Webast
Another fantastic result. Well done to the team from a very...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMC (ASX) to my watchlist
|
|||||
Last
$15.24 |
Change
0.130(0.86%) |
Mkt cap ! $9.120B |
Open | High | Low | Value | Volume |
$15.25 | $15.27 | $15.22 | $13.75M | 902.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 4480 | $15.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.24 | 8218 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 17186 | 15.230 |
14 | 8454 | 15.220 |
13 | 3749 | 15.210 |
9 | 8778 | 15.200 |
7 | 8619 | 15.190 |
Price($) | Vol. | No. |
---|---|---|
15.250 | 24656 | 23 |
15.260 | 6188 | 10 |
15.270 | 6209 | 19 |
15.280 | 5351 | 9 |
15.290 | 6533 | 6 |
Last trade - 14.15pm 23/07/2024 (20 minute delay) ? |
Featured News
AMC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online