Amcor Plc Stock Price, News & Analysis

Amcor (NYSE: AMCR, ASX: AMC) has been included in the Dow Jones Sustainability Indices (DJSI) Australia Index, positioning itself among the top 12% in the packaging and containers industry for environmental, social, and governance performance. This recognition holds special significance as it comes from the country where Amcor was established 165 years ago.

The DJSI, launched in 1999, represents the first global sustainability benchmarks in the market, comprising global, regional, and country indices. These are float-adjusted, market-capitalization-weighted indices that evaluate companies based on ESG criteria.

Tracey Whitehead, Amcor's global head of investor relations, emphasized the company's commitment to providing responsible packaging solutions that benefit both customers and the environment. Amcor continues to focus on innovative change and product design advancement across various materials, while working towards shaping a circular society through strategic partnerships and investments.

Amcor (NYSE: AMCR) has completed the sale of its 50% stake in Bericap North America (BCNA) for $122 million on December 27. The proceeds will be used to reduce the company's debt. The joint venture reported fiscal 2024 total sales of approximately $190 million and adjusted EBIT of $19 million, which were previously consolidated under Amcor's Rigid Packaging business. Amcor's attributable adjusted net income from BCNA for fiscal 2024 was approximately $8 million. The company stated that, after accounting for reduced interest expenses, the transaction is not expected to impact its fiscal 2025 financial outlook.

Ancora Holdings Group has released its investment thesis on Amcor plc following the announced merger with Berry Global Group. The presentation, delivered at the Bloomberg Activism Forum, highlights the potential of the combined entity as a premium packaging company. Key financial projections include:

- Conservative synergy estimates of $650 million
- Projected proforma EBITDA of $4.5 billion
- Potential share price increase from ~$10 to ~$16
- Expected upside of 50-70%

The merger is anticipated to close in mid-2025, creating what Ancora believes will be a company with a durable free cash flow profile at a significantly discounted valuation.

Amcor and Berry have announced a merger agreement in an all-stock transaction, creating a global leader in consumer packaging solutions. Berry shareholders will receive 7.25 Amcor shares for each Berry share, valuing Berry's stock at $73.59 per share. The combined company will have $24 billion in revenues and $4.3 billion in adjusted EBITDA, including synergies. The merger expects to deliver $650 million in annual earnings synergies and over 35% adjusted cash EPS accretion. The transaction, expected to close mid-2025, will result in Amcor and Berry shareholders owning approximately 63% and 37% of the combined company, respectively.

Amcor (NYSE: AMCR) has signed an MOU with Power Roll to develop lightweight solar photovoltaic film as a low-cost alternative to silicon solar panels. The collaboration aims to revolutionize solar-powered energy with Power Roll's technology, which doesn't require rare earth minerals and can be manufactured using roll-to-roll processes. The film targets applications including fragile rooftops, facades, off-grid generation, and transport sector use. Power Roll highlights that one-third of commercial rooftops globally (12 billion m²) cannot support traditional solar panels, presenting a significant market opportunity.

Amcor (NYSE: AMCR) has received recognition at the 35th Packaging Innovation Awards for its AmPrima® Plus coffee packaging solution. The innovative mono-PE pouch offers up to 68% reduction in carbon footprint compared to traditional alternatives while maintaining product freshness. The solution addresses growing consumer demand for sustainable packaging, with research showing 44% of coffee consumers are influenced by sustainability claims. The product, designed following CEFLEX guidelines, helps brands transition to recyclable packaging solutions while maintaining performance. As of fiscal year 2024, 94% of Amcor's global flexible packaging portfolio has recycle-ready solutions available.

Amcor (NYSE: AMCR) has launched two new open-call initiatives: Amcor Lift-Off Sprints and Amcor Lift-Off Connect. The Sprints program offers funding up to $500,000 for technical collaborations with start-ups addressing R&D challenges, with two annual sessions starting early 2025. The Connect program focuses on strategic partnerships beyond R&D, with its first session on AI in manufacturing scheduled for December 4. Amcor is committing up to $3 million annually for these partnership activities, building on previous successes with start-ups in AI-powered waste recognition, reusable packaging, sustainable coatings, and bio-based PET.

Amcor (NYSE: AMCR) has secured a European patent for its AmFiber™ Performance Paper, a high-barrier paper-based packaging solution. The patent recognizes the product's innovative barrier materials and patterned sealable material, which provides unique functional attributes for food- and healthcare-grade packaging. The AmFiber portfolio, currently available globally, is suitable for various applications including snacks, beverages, meat, dairy, and personal care products. The solution offers recyclability and high-speed customer line performance, supporting Amcor's commitment to sustainable packaging solutions and circular economy initiatives.

Amcor (AMCR) reported solid Q1 FY2025 results with net sales of $3,353 million and GAAP net income of $191 million. The company achieved its third consecutive quarter of sequential volume growth improvement, with Adjusted EBIT up 3% to $365 million and Adjusted EPS increasing 5% to 16.2 cents on a comparable constant currency basis. The quarterly dividend was increased to 12.75 cents per share. Amcor reaffirmed its FY2025 guidance, projecting Adjusted EPS of 72-76 cents and Adjusted Free Cash Flow of $900-1,000 million.