AI Earnings Predictions for Amcor plc (AMCR)

EX-99.1

2 exhibit991q12026transition.htm

EX-99.1

Document

Exhibit 99.1

Amcor Reports Solid Results for

Quarter ended September 30, 2026

Net sales of $6,129 million up 7% over prior-year

Diluted EPS of $0.52; Adjusted Diluted EPS of $0.95

GAAP Net Income of $242 million

Adjusted EBITDA $883 million, flat to prior year1

Updates Outlook for Transition Period

ZURICH, November 4, 2026 — Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, today reported results for the quarter ended September 30, 2026.

Amcor CEO Peter Konieczny said, “We delivered solid operating results this quarter, with broad-based organic volume growth of 1%, led by 3% volume growth in the focus categories. Synergy realization was in line with expectations, and we are on track to achieve our three-year $650 million target.

Energy and distribution costs accelerated late in the quarter, which is creating a headwind in the transition period. Actions to address these inflationary pressures are underway, and we do not expect these higher costs to impact 2027 results.

Building on our broad-based momentum, we are focused on driving long-term sustainable volume growth, and we remain confident in delivering on our medium and long-term financial commitments.”

($ in millions, except EPS)

Key Financials (2)(3) Three Months Ended September 30,Reported ∆%

GAAP results20262025

Net sales$6,129 $5,745 7

Net income attributable to Amcor plc242 262 (8)

Diluted EPS$0.52 $0.57 (9)

Reported ∆%Constant Currency ∆%

Three Months Ended September 30,

Adjusted non-GAAP results20262025

Net sales$6,129 $5,745 76

EBITDA883 909 (3)(3)

EBIT689 687 ——

Net income440 448 (2)(2)

Diluted EPS0.95 0.97 (2)(3)

Free Cash Flow$(820)$(343)

All amounts referenced throughout this document are in US dollars and numbers may not add up to the totals provided due to rounding.

(1) Excluding $21 million impact from divestments.

(2) Adjusted non-GAAP results exclude items not considered representative of ongoing operations. Further details on non-GAAP measures and reconciliations to GAAP measures can be found under "Presentation of non-GAAP information”.

(3) All prior periods presented in this release have been retroactively adjusted to reflect the 1-for-5 reverse stock split effected on January 14, 2026. Further details can be found under 'Reverse Stock Split'.

1

Financial Results

Three months ended September 30, 2026

Net sales of $6,129 million were 6% higher than last year on a constant currency basis, including an unfavorable impact from divestitures of approximately $112 million, or (2%) on net sales. The pass through of movements in raw material costs had a favorable impact of approximately $435 million, or 8% on net sales and the remaining 1% year over year increase reflects the net impact of volumes and price/mix.

Volumes were approximately 1% higher compared to the September quarter last year. Excluding non-core and divested businesses, volumes were approximately 1.5% higher than prior year. Volume growth was broad-based across nearly all end markets, led by strong growth in pet food, foodservice and beauty and wellness, and was partially offset by lower unconverted film volumes in North America. Across regions, volumes increased in all geographies, led by emerging markets. Price/mix did not have a material impact on net sales.

Adjusted EBIT of $689 million was in line with last year on a constant currency basis, including an unfavorable impact from divestitures of approximately $17 million, or (3%). The remaining 3% year-over-year variation mainly reflects synergy benefits from the Berry acquisition of approximately $50 million and higher volumes partly offset by expected incentive rebuild and the timing of pass-through of higher energy and distribution costs.

Adjusted EBIT margin of 11.2% was impacted by 90-basis point dilution related to increased sales dollars associated with passing through higher raw material costs. Excluding this impact, Adjusted EBIT margin was 12.1%, which was up 10 basis points to prior year on a comparable basis.

Net interest expense was $153 million and adjusted income tax expense was $96 million inclusive of acquisition related financial benefits of approximately $10 million. GAAP income tax expense was $58 million. Adjusted tax expense represents an effective tax rate of 18% in line with the same period last year. Net interest expense was $13 million higher than the prior year adjusted net interest expense primarily as a result of higher interest rates.

Free cash outflow of $820 million, after funding approximately $31 million of Berry related net restructuring and integration costs, was lower than prior year due to working capital impacts driven by resin price volatility related to the Middle East conflict.

Net debt was $14,011 million at September 30, 2026.

Dividend

Based on its confidence in the company's growth trajectory and its disciplined capit

amcr-20260506

0001748790False00017487902026-05-062026-05-060001748790us-gaap:CommonStockMember2026-05-062026-05-060001748790amcr:GuaranteedSeniorNotesDue2027Member2026-05-062026-05-060001748790amcr:FivePointFourFiveZeroPercentGuaranteedSeniorNotesDue2029Member2026-05-062026-05-060001748790amcr:ThreePointTwoZeroPercentGuaranteedSeniorNotesDue2029Member2026-05-062026-05-060001748790amcr:ThreePointNineFiveZeroPercentGuaranteedSeniorNotesDue2032Member2026-05-062026-05-060001748790amcr:ThreePointSevenFiveZeroPercentGuaranteedSeniorNotesDue2033Member2026-05-062026-05-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 6, 2026

AMCOR PLC

(Exact name of registrant as specified in its charter)

Jersey001-3893298-1455367

(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)

83 Tower Road North

Warmley, Bristol

United KingdomBS30 8XP

(Address of principal executive offices)(Zip Code)

+44 117 9753200

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading symbol(s)Name of each exchange on which registered

Ordinary Shares, par value $0.05 per shareAMCR New York Stock Exchange

1.125% Guaranteed Senior Notes Due 2027AUKF/27New York Stock Exchange

5.450% Guaranteed Senior Notes Due 2029AMCR/29New York Stock Exchange

3.200% Guaranteed Senior Notes Due 2029AUKF/29New York Stock Exchange

3.950% Guaranteed Senior Notes Due 2032AMCR/32 New York Stock Exchange

3.750% Guaranteed Senior Notes Due 2033AUKF/33New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On May 6, 2026, Amcor plc (the “Company”) issued a press release regarding financial results for the third quarter and first nine months of fiscal year 2026. The press release is furnished as Exhibit 99.1 hereto. The Company is not including the information contained on its website as part of, or incorporating it by reference into, this Current Report on Form 8-K.

The information in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

Exhibit Index

Exhibit No.Description

99.1 Third Quarter and First Nine Months of Fiscal Year 2026, Earnings Press Release

104Cover Page Interactive Data File. The cover page XBRL tags are embedded within the inline XBRL document

Cautionary Statement Regarding Forward-Looking Statements

This Current Report on Form 8-K (including the Exhibits hereto) contains certain statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. The Company has identified some of these forward-looking statements with words like “believe,” “target,” “project,” “may,” “could,” “would,” “approximately,” “possible,” “will,” “should,” “expect,” “intend,” “plan,” “anticipate,” “commit,” “estimate,” “potential,” “ambitions,” “outlook” or “continue,” the negative of these words, other terms of similar meaning or the use of future dates. Such statements are based on the current expectations of the management of the Company, and are qualified by the inherent risks and uncertainties surrounding future expectations generally. Actual results could differ materially from those currently anticipated due to a number of risks and uncertainties. None of the Company or any of its respective directors, executive officers, or adv