Industry News, Printers News

Amcor Reports 1Q 2024 Results

Net sales were $3,443 million for the three months ended Sept. 30, 2023.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amcor reports its first quarter 2024 result and reaffirms its outlook for fiscal 2024. For the three months ended Sept. 30, 2023, net sales were $3,443 million. GAAP net income was $152 million, with adjusted EBIT of $358 million. Adjusted free cash flow is ahead of the prior year. For fiscal 2024, Amcor expects adjusted free cash flow of $850 million to $950 million. “We executed well in our fiscal 2024 first quarter, delivering financial results in-line with our expectations, including a...

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