Industry News, Printers News

Amcor Announces Results for Half-Year Ended Dec. 31, 2015

Earnings per share, on a constant currency basis, increased 10.2%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amcor announces its results for the half-year ended Dec. 31, 2015. On a constant currency basis, earnings per share (EPS) was up 10.2% to 29.3 cents, and PAT was up 6.6% to US$342.6 million. The company reported profit after tax of US$305.5 million, including the negative translation impact from the higher US dollar of US$37 million.   Returns, measured as profit before interest and tax to average funds employed of 20.2%. Operating cash flow, after net capital expenditure, was US$101.9 million...

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