Highlights:

  • Net sales surged 70% to USD 11,194 million in 1HFY26 compared to 1HFY25.
  • Operating income increased 39% to USD 792 million year-on-year.
  • Quarterly dividend declared at USD 0.65 per CDI with payment scheduled for 17 March 2026.

Amcor PLC (ASX:AMC), a leading developer and producer of consumer packaging solutions, in its half-year results for the period ended 31 December 2025 reported significant year-on-year increases in net sales, operating income, and cash reserves. Additionally, Amcor declared a quarterly dividend of USD 0.65 per CDI, unfranked, reinforcing its commitment to shareholder returns.

Half-Year Financial Performance Surges

For the half-year ended December 2025, Amcor posted net sales of USD 11,194 million, marking a 70% increase compared to USD 6,594 million in the same period last year. Operating income climbed 39% to USD 792 million from USD 609 million in 1HFY25. Cash and cash equivalents more than doubled, reaching USD 1,057 million, a 138% increase year-on-year.

This growth was underpinned by the acquisition of Berry, which contributed incremental sales and earnings. The company highlighted the positive impact of synergy realisation, disciplined cost management, productivity enhancements, and an improved business mix. These factors helped offset softer volumes in certain markets, supporting growth in adjusted EBITDA, EBIT, and EPS despite challenging demand conditions.

Strategic Outlook and Market Position

Amcor reaffirmed its FY26 guidance, signalling confidence in synergy delivery and disciplined execution. The company expects adjusted EPS to be in the range of USD 4.00 to 4.15, reflecting a 12–17% increase year-on-year. 

The integration of the Berry acquisition is progressing well. This operational progress is expected to drive margin expansion, earnings growth, and improved business quality across both flexible and rigid packaging segments.

In addition, Amcor’s ongoing portfolio review aims to sharpen focus on higher-growth and higher-margin consumer packaging and dispensing categories. Potential divestments will target operational simplicity and improved returns, supporting long-term shareholder value.

Dividend Declaration

On 4 February 2026, Amcor declared a quarterly dividend of USD 0.65 per CDI, unfranked, for the period ended December 2025. The dividend will have an ex-date of 24 February, a record date of 25 February, and is scheduled to be paid on 17 March 2026.

Share Performance of AMC

AMC shares closed at AUD 69.65, up 6.65% intraday on 5 February 2026. The stock has gained 10.70% over the last week and 11.62% over the last month. It increased by 8.99% over three months but declined by 3.60% over six months and 13.85% over the past year. Year-to-date and quarter-to-date, AMC shares have risen approximately 11.00%. 

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency, is 05 February 2026. The reference data in this report has been partly sourced from EODHD/Others.

 

Technical Indicators Defined:

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.