“Amcor had a good first half year with earnings growth in line with our expectations and balanced across the Flexibles and Rigids packaging segments,” Amcor CEO Ron Delia said. “Cash flow and the balance sheet also remained strong and the interim dividend increased to 21.5 US cents per share.
“Some of the highlights within Amcor over the last six months include further improvements in our world-class safety performance, with the number of recordable cases decreasing by 20% compared with last year, continued sales growth with multinational and regional customers and in healthcare packaging globally and strong earnings growth in emerging markets,” Delia added. “We remain on track to deliver against the full year outlook we provided in August 2018, which has not changed.
“Amcor is uniquely positioned in the packaging industry with scale and leadership positions in both flexible and rigid packaging, a broad, global footprint and leading innovation capabilities,” Delia noted. “By combining with Bemis, there is a unique opportunity to further strengthen our industry-leading value proposition for customers and employees and to deliver the most sustainable innovations for the environment. Significant progress has been made towards completing the transaction, which is expected in the second quarter of the calendar year 2019.”