Industry News, Printers News

Amcor Reports Fiscal 2019 Full Year Results

Company reported $9.458 billion in sales in FY 2019, up slightly from FY 2018, while free cash flow was $733.4 million, up from $643 million the previous year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Amcor plc reported results for the fiscal year (FY) ended June 30, 2019.      The company reported $9.458 billion in sales in FY 2019, up slightly from $9.319 billion in FY 2018. GAAP net income was $430.2 million, down from $575 million in FY 2018. Cash flow from operating activities of $776.1 million, a decline from $871.4 million in FY 2018, while free cash flow was $733.4 million, up from $643 million the previous year.   “2019 was a transformative year for Amcor, marked by the successful co...

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