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Company News Summary

Amcor Provides MD's Address to Shareholders

11 Oct 2018  |  10:57:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: MD's Address to Shareholders

Amcor provided MD's address to shareholders. In the flexibles segment, it continues to expect solid PBIT growth, in constant currency terms, for the full fiscal year 2019. Earnings in the first half are expected to be modestly higher than the prior year based on current expectations for raw material costs in Q2. The free cash flow is between $200 to 300m for the year 2018. It will generate sales of US$13bn, EBITDA of US$2.2bn and annual cash flow of more than US$1bn.

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