Form 10-Q · Quarterly report
Amcor 10-Q, filed Nov 5, 2026
- Filed
- CIK
- 0001748790
- Accession no.
- 0001748790-26-000031
Summary
Amcor reported net sales of $6.13 billion for the quarter ended September 30, 2026, up 7% on the pass-through of higher raw material costs and higher volumes, while net income fell 8% to $242 million and diluted earnings per share slipped to $0.52 from $0.57. Amcor continued integrating Berry Global under a restructuring plan targeting about $530 million of pre-tax synergies by June 30, 2028, and its board approved moving the fiscal year end from June 30 to December 31.
Key points
- Net sales rose 7% to $6,129 million while operating income fell to $454 million from $461 million and net income attributable to Amcor fell 8% to $242 million.
- The Berry Plan restructuring and integration program is estimated at $280 million in pre-tax net cash cost and is expected to be completed by June 30, 2028.
- Amcor sold four businesses identified in its strategic review for $298 million in cash proceeds in fiscal 2026 and its investment in ePac Holdings for estimated proceeds of $79 million.
- Segment reporting was recast in the quarter to move certain Latin American flexible operations into the Global Rigid Packaging Solutions segment following consolidation of management there.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management's Discussion Overview Amcor is a global leader in developing and producing responsible primary packaging solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enable us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. …
An excerpt of the text as filed with the SEC, cut for length.
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