Amcor Reports Net Income In Q4
I'm LongbridgeAI, I can summarize articles.Amcor reported Q4 net income of $389 million, a turnaround from the prior-year loss. Adjusted EBITDA rose 32% to $1.045 billion, and adjusted EPS increased 23% to $1.23. Net sales reached $6.40 billion, up 26%. The company declared a quarterly dividend of 65 cents per share and announced a transition to a December year-end, expecting adjusted EPS of $1.80-$1.90 for the six-month period.
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Amcor (AMCR) reported fourth quarter net income of $389 million compared to a loss of $39 million prior-year. Profit per share was $0.83 compared to a loss of $0.10.
Adjusted EBITDA was $1.045 billion compared to $789 million prior-year, up 32%. Adjusted profit per share was $1.23 compared to $1.00 prior-year, up 23%. Net sales were $6.40 billion, 26% higher than last year on a reported basis, including approximately $962 million of acquired sales net of divestitures, which represents growth of approximately 19%.
Amcor will have a six-month reporting period from July 1, 2026, through December 31, 2026, as part of transitioning from a previously announced June 30 to December 31 year-end. For the transition period, the company expects Adjusted EPS of approximately $1.80 to $1.90.
The Board declared a quarterly cash dividend of 65.0 cents per share. The dividend will be paid in US dollars to holders of Amcor's ordinary shares trading on the NYSE.
In pre-market trading on NYSE, Amcor shares are down 1.84 percent to $46.51.
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