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Amcor reports fiscal 2023 results and provides outlook for fiscal 2024

PR Newswire - Wed Aug 16, 2023

June 2023 quarter:

GAAP diluted EPS of 12.3 cps; Adjusted EPS of 19.3 cps

Fiscal 2023 Full Year Highlights

ZURICH, Aug. 16, 2023 /PRNewswire/ -- 

Amcor CEO Ron Delia said: "Throughout fiscal 2023, our teams did an excellent job proactively recovering inflation and reducing costs in a highly challenging environment.  Adjusted EBIT grew modestly in comparable constant currency terms and we returned $1.2 billion of cash to shareholders. After delivering earnings growth of 8% in the first half, demand softened considerably and customer destocking persisted through the last two quarters of the year.

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