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Packaging firm Amcor beats quarterly sales, profit estimates on higher prices
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Packaging firm Amcor beats quarterly sales, profit estimates on higher prices
Aug 12, 2026 5:43 AM

Aug 12 (Reuters) - Amcor ( AMCCF ), beat Wall Street

estimates for fourth-quarter results on Wednesday, as the

packaging firm managed to pass along higher raw material costs

to its customers and bettered volumes in categories including

pet food and beauty.

The Switzerland-based firm has leaned on higher prices,

cost-cutting and a focus on its key segments to protect margins

as consumer-goods customers remain cautious on inventory

restocking amid macroeconomic uncertainty.

Here are some details:

* Amcor ( AMCCF ), which supplies packaging materials to companies

such as PepsiCo ( PEP ) and Procter & Gamble, has also

benefited from last year's acquisition of smaller peer Berry

Global.

* Amcor ( AMCCF ) posted quarterly sales of $6.40 billion, beating

analysts' estimates of $6.05 billion, according to data compiled

by LSEG.

* Its adjusted profit of $1.23 per share for the quarter

ended June 30 also topped estimates of $1.19 per share.

* Quarterly volumes in its flexible packaging segment - a

major revenue contributor - rose about 1%, while volumes in

rigid packaging business fell 1% after declining 4% a year ago.

* The company said its quarterly sales were boosted by about

$280 million because of it passing on increase in raw material

costs to customers.

* Amcor ( AMCCF ), which is transitioning the end of its financial

year to December 31 from June 30, forecast adjusted profit per

share of $1.80 to $1.90 for the six-month period.

* Shares of the company, which have risen nearly 14% this

year, were down 2% at $46.50 in premarket trading.

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