Industry News, Printers News

Amcor Announces 2018 Full Year Results for Year Ended June 30, 2018

Reports encouraging signs heading into the 2019 financial year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amcor announced its results for the year ended June 30, 2018. Sales were $9.32 billion, up 2.4% from 2017. Statutory profit for the year was $244.1 million. Profit after tax of $724 million is in line with last year on a constant currency basis, as is earnings per share (EPS) at 62.6 cents. Returns, measured as profit before interest and tax to average funds employed, was 19%. Free cash flow was $194.1 million.   “We are encouraged by early indications that the short-term challenges our indust...

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