Amcor Reports Q4 Gains and Previews 2025 Outlook

Strong Fourth Quarter

Amcor plc (NYSE: AMC) reported positive financial results for the fourth quarter of fiscal 2024. The packaging giant attributed this performance to increased sales volume following previous decline.

Share Repurchase

During fiscal 2024, Amcor repurchased approximately 3 million shares for a total of $100 million.

Positive Outlook for 2025

Amcor's interim CEO Peter Konieczny anticipates continued growth from the underlying business in fiscal 2025. The company intends to pursue efficiency improvements and strategic acquisitions.

Upcoming Results Announcement

Amcor will release its full-year results for the twelve months ended June 30, 2024 on August 1, 2024, at 7:00 pm EDT.