Industry News, Printers News

Amcor Announces Full-Year Results for 2017

Company reports sales of US$9.1 billion, free cash flow of US$245.3 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amcor reported its fiscal year results for the year ended June 30, 2017. Sales were $9,101.0 billion, a decrease of 3.4% from 2016. Statutory profit for the year was US$597.0 million, while underlying profit for the year was US$701.2 million, up 9.6% on a constant currency basis.   Earnings per share (EPS) was 60.6 US cents, up 10.1% on a constant currency basis; with free cash flow of US$245.3 million.   “Amcor’s strong full-year results reflect the progress we have made on our strategic in...

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