Key Highlights

  • Amcor plc (ASX:AMC) CDIs trade ex-dividend on 3 September 2026 (NYSE shares 4 September) for an unfranked Dividend of 92.0 Australian cents per CDI, payable 24 September 2026
  • Full-year net sales for the year ended 30 June 2026 rose 57% to $23,506 million, largely reflecting the Berry acquisition
  • Full-year Net Income increased to $1,106 million from $511 million in the prior year, while adjusted EBITDA rose 68% to $3,673 million
  • Fourth-quarter net income was $389 million, reversing a prior-year loss of $39 million in the same quarter

Amcor plc (ASX:AMC) is set to trade ex-dividend on the ASX on Thursday, 3 September 2026, one day ahead of the ex-dividend date for its New York Stock Exchange-listed shares on 4 September 2026. The Board declared a quarterly Cash Dividend of 65.0 cents per share, up from 63.75 cents per share previously declared (12.75 cents per share before adjustment for the 1-for-5 Reverse Stock Split effected on 14 January 2026). Holders of CHESS Depositary Interests (CDIs) trading on the ASX will receive an unfranked dividend of 92.0 Australian cents per share, reflecting conversion of the US dollar dividend at an average AUD:USD Exchange Rate of 0.7043 over the five trading days ended 10 August 2026. The Record Date for both ASX and NYSE holders is 4 September 2026, with payment due on 24 September 2026.

Fourth-Quarter Results

For the three months ended 30 June 2026, Amcor reported net sales of $6,398 million, an increase of 26% on a reported basis compared with the prior-year quarter. This included approximately $962 million of acquired sales net of divestitures, representing growth of approximately 19%. The pass-through of higher raw material costs contributed a favourable impact of approximately $280 million, or roughly 6% of growth, while movements in foreign exchange rates added approximately 2%. The remaining year-over-year variation of approximately negative 1% reflected the net impact of volumes and price/mix, with the company estimating that volumes were approximately 0.5% higher than combined legacy Amcor and legacy Berry volumes in the prior-year June quarter, while price/mix had an unfavourable impact of approximately negative 1%.

Adjusted EBIT for the quarter was $836 million, up 37% on a reported basis, including approximately $96 million of acquired EBIT net of divestitures. Net income for the quarter was $389 million, compared with a net loss of $39 million in the prior-year period. Adjusted EBITDA for the quarter reached $1,045 million, up from $789 million, an increase of 32%. Diluted Earnings per Share were $0.83 compared with negative $0.10 in the prior-year quarter, while adjusted diluted EPS rose 23% to $1.23 from $1.00.

GAAP net interest expense for the quarter was $150 million and GAAP income tax expense was $97 million. Including acquisition-related financial benefits of approximately $15 million, adjusted net interest expense was $150 million and adjusted tax expense was $116 million, representing an effective tax rate of 16.8%. Adjusted net interest expense was $36 million higher than the prior year, primarily reflecting increased acquisition-related net debt.

Full-Year Results

For the twelve months ended 30 June 2026, net sales reached $23,506 million, an increase of 57% on a reported basis, largely reflecting approximately $7.9 billion of acquired sales net of divestitures, or growth of approximately 52%. The pass-through of raw material cost movements added approximately $240 million, or 2% of growth, while foreign exchange movements contributed a favourable 5%. The remaining negative 2% year-over-year variation reflected the net impact of volumes and price/mix.

Adjusted EBIT for the full year was $2,813 million, up 63% on a reported basis, including approximately $842 million of acquired EBIT net of divestitures, or growth of approximately 49%. Full-year net income increased to $1,106 million from $511 million in the prior year. Adjusted EBITDA rose 68% to $3,673 million from $2,186 million. Diluted EPS was $2.38 compared with $1.60 in the prior year, while adjusted diluted EPS increased 13% to $4.02 from $3.56.

GAAP net interest expense for the year was $610 million and GAAP income tax expense was $181 million. Including acquisition-related financial benefits of approximately $45 million, adjusted net interest expense was $581 million and adjusted tax expense was $368 million, representing an effective tax rate of 16.5%. Free Cash Flow for the year was $1,303 million, after funding approximately $290 million in net transaction, restructuring and integration costs. Net Debt stood at $12,897 million at 30 June 2026.

Outlook

For the six-month transition period ending 31 December 2026, the company outlined guidance for adjusted diluted EPS in a range of $1.80 to $1.90.

Conclusion

Amcor's full-year results reflect a period of substantial growth in reported net sales and earnings, driven predominantly by the integration of the Berry Acquisition alongside synergy realisation and cost management initiatives. The company returned to quarterly profitability after a prior-year net loss, while net debt increased in connection with the acquisition, and the Board has proceeded with a dividend increase for both NYSE and ASX-listed holders ahead of the upcoming six-month transition reporting period.