Amcor Q1 Report 2022

Results

Net Sales $3,712m +3% (+15% including 12% pass through of higher raw material costs)

EBIT $392m +9% (comparable constant currency)

Segment Performance

Flexibles

First quarter highlights
• Net sales of $2.8bn includes price increases of ~$270m (10% growth) related to higher raw material costs
• Net sales growth of 3% reflects price/mix benefits across all business units. Overall volumes 1% lower
• Strong volume growth in global healthcare business
• Good volume growth in Asian emerging markets
• Adjusted EBIT growth of 11%
• Reflects overall sales growth, ongoing focus on mix, recovery of inflation and outstanding cost performance