Amcor reported earnings for the three and six months ended December 31, 2024, reflecting the impact of its recent combination with Berry Global. For the three-month period, Amcor posted net sales of USD 5.02 billion and adjusted EBIT of USD 585 million. For the six-month period, net sales were USD 11.44 billion with adjusted EBIT of USD 1.26 billion. By segment, Global Rigid Packaging Solutions recorded net sales of USD 2.38 billion and adjusted EBIT of USD 220 million for the quarter. Global Flexible Packaging Solutions reported net sales of USD 3.16 billion and adjusted EBIT of USD 396 million. Corporate costs for the quarter were USD 31 million. Amcor highlighted that adjusted EBIT in Global Rigid Packaging Solutions rose by 15 percent for the quarter, with flat volumes excluding non-core businesses. Additionally, the reported net sales in this segment increased threefold, up by 200 percent, to USD 1.5 billion, mainly due to acquisitions. Adjusted EBIT for Global Rigid Packaging Solutions also tripled, rising by 308 percent, or USD 175 million. The company provided year-over-year comparisons using estimated combined figures for legacy Amcor and Berry Global, excluding divested businesses and currency impacts, to reflect the effect of the recent business combination.
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