Packaging options supplier Amcor plc (NYSE: AMCR) reported monetary outcomes for the fourth quarter of 2024. The corporate additionally issued steering for fiscal 2025.
- Fourth-quarter internet earnings elevated to $257 million or $0.18 per share from $181 million or $0.12 per share a yr earlier
- Adjusted earnings per share was $0.21 within the June quarter, up 9% year-over-year on a comparable fixed foreign money foundation.
- Internet gross sales decreased to $3.53 billion within the June quarter from $3.67 billion within the prior yr interval.
- Gross revenue was $754 million within the three months, up from $722 million in This fall 2023
- For fiscal 2024, the corporate reported internet gross sales of $13.64 billion, in comparison with $14.69 billion within the prior yr
- For fiscal 2025, the administration expects adjusted earnings per share to be within the vary of 72 cents to 76 cents.
- The steering for full-year adjusted free money move is between $900 million to $1 billion
