Amcor posts $389 million Q4 net income, declares 65-cent dividend

Amcor reported a robust fourth quarter net income of $389 million, significantly reversing a loss of $39 million from the same period last year. The company's profit per share stood at $0.83, compared to a loss of $0.10 in the previous year. This marked a notable turnaround for the packaging giant, indicating strong performance in a competitive market.

The positive results are part of a larger trend for Amcor, which has been focusing on growth through strategic acquisitions. The company reported adjusted EBITDA of $1.045 billion, a 32% increase from $789 million in the prior year. Net sales reached $6.40 billion, 26% higher than last year, partly due to approximately $962 million in acquired sales after accounting for divestitures. This growth reflects a 19% increase in underlying sales, underscoring the effectiveness of Amcor's expansion strategies.

Amcor’s Board of Directors also declared a quarterly cash dividend of 65.0 cents per share, which will be paid in US dollars to shareholders trading on the New York Stock Exchange. However, in pre-market trading, Amcor's shares saw a slight decline of 1.84%, trading at $46.51. This drop may reflect investor sentiment amid the company's transition to a new reporting period.

Looking ahead, Amcor is preparing for a six-month reporting period from July 1, 2026, to December 31, 2026, as it shifts its fiscal year-end from June 30 to December 31. During this transition, the company anticipates an adjusted earnings per share of approximately $1.80 to $1.90. This strategic change aims to align its reporting with industry standards, potentially enhancing investor confidence and market performance in the long run.