Earnings per share (EPS) was 60.6 US cents, up 10.1% on a constant currency basis; with free cash flow of US$245.3 million.
“Amcor’s strong full-year results reflect the progress we have made on our strategic investments and the benefits of our broad mix of geographic exposures.,” Amcor CEO Ron Delia said. “Underlying PBIT and EPS grew 9% and 10% respectively on sales growth of 4% for the year, and cash flow was at the high end of our expectations.
“Earnings were up strongly in both the Flexibles and Rigid Plastics segments, driven by organic growth and acquisitions,” Delia added. “Across developed markets, earnings grew at rates which exceeded overall market growth. In emerging markets, we delivered increased earnings in the face of difficult conditions in several countries. Important progress was made against our strategic priorities with investments in the Alusa and Sonoco acquisitions and the proactive restructuring initiatives in the Flexibles segment.”