Key highlights

  • Amcor reported FY26 net sales of $23.5 billion, up 57%, and adjusted EBITDA of $3,673 million in a filing dated 12 August 2026.
  • Free Cash Flow was $1,303 million, up 41%, and the quarterly Dividend was set at 65.0 cents per share.
  • Guidance for the six months ending 31 December 2026 is adjusted diluted EPS of $1.80 to $1.90.

Amcor plc (NYSE: AMCR; ASX: AMC) released its results for the fourth quarter and full year ended 30 June 2026 on 12 August 2026, by filing a Form 8-K with the ASX. Figures are in US dollars. The announcement reflected the first full-year effect of the April 2025 combination with Berry and gave an outlook for a six-month transition period.

About Amcor

Amcor develops and produces consumer packaging and dispensing solutions, including flexible and rigid packaging, cartons and closures, for nutrition, health, beauty and wellness categories. It describes operations across about 400 locations in more than 40 countries, with 75,000 employees and about $23 billion in annual sales.

Full-year results

Net sales were $23,506 million, up 57% on a reported basis, largely because of the Berry acquisition, which contributed about $7.9 billion. Adjusted EBITDA was $3,673 million compared with $2,186 million, up 68%. Free cash flow was $1,303 million, up 41%, after funding about $290 million of net transaction, restructuring and related costs.

The company said synergy benefits from the Berry Acquisition were approximately $240 million for the year, partly offset by lower volumes.

June quarter

Fourth-quarter net sales were $6,398 million, up 26%, including about $962 million from the Berry Business that was not in the prior-year quarter. Adjusted EBITDA was $1,045 million compared with $789 million, up 32%. Quarterly synergy benefits were approximately $100 million.

Net sales growth also reflected the pass-through of higher raw material costs. The company estimated that volumes were about 0.5% higher than combined volumes in the prior year quarter.

Dividend and outlook

The board declared a quarterly dividend of 65.0 cents per share, compared with 63.75 cents on a split-adjusted basis, following a 1-for-5 Reverse Stock Split on 14 January 2026. Holders of CDIs on the ASX will receive an unfranked dividend of 92.0 Australian cents per share, with an ex-dividend date of 3 September 2026.

For the six months ending 31 December 2026, which the company calls a transition period, it expects adjusted diluted EPS of $1.80 to $1.90.

Risks to consider

Much of the reported growth reflects the acquisition rather than organic Volume growth, and volumes were only about 0.5% higher in the quarter. The company referred to input cost Inflation and a challenging macro environment.

Integration of Berry and delivery of synergies are still in progress, and the company noted that non-core businesses needed improvement. Results are exposed to raw material prices, currency and consumer demand.

Catalysts to watch

Items to watch include the EPS outcome for the six-month transition period, further Berry synergies, volume trends, the 65.0 cent quarterly dividend, and the ex-dividend date of 3 September 2026 for CDI holders.