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Amcor Announces Results for Year Ended June 30, 2016

Records free cash flow of $311.2 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amcor announced its results for the year ended June 30, 2016. Statutory profit for the year was $244.1 million. Profit after tax of $671.1 million, up 7.5% on a constant currency basis. Earnings per share (EPS) was up 11.3% to 57.7 cents on a constant currency basis. Returns, measured as profit before interest and tax to average funds employed, was 21.6%. Free cash flow was $311.2 million.   “Today, Amcor reported a strong full year result with growth in earnings, returns and cash flow deliver...

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