Industry News, Printers News

Amcor Announces Profit Result for Year Ended June 30, 2014

Profit increased to $737 million, up 24.6 percent

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amcor anoounced its full year results for the year ended June 30, 2014. Statutory profit for the year from continuing operations was $737.0 million, compared with $589.2 million for the year ended June 30, 2013.   Profit after tax was $737.0 million, up 24.6%. Earnings per share (EPS) was 61.1 cents, up 24.7%. On a constant currency basis, EPS was up 9.2%. Operating cash flow after net capital expenditure of $890.6 million. Net cash from operating activities was $1,171.0 million; and the annua...

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