Amcor Full-Year Report 2023

Highlights

• Net sales of $14,694 million, in line with the prior year on a comparable constant currency basis;
• GAAP Net Income of $1,048 million; GAAP diluted earnings per share (EPS) of 70.5 cps;
• Adjusted EPS of 73.3 cps and Adjusted Free Cash Flow of $848 million, in line with guidance provided in May. Adjusted EBIT of $1,608 million;
• Strong total cash returns to shareholders of $1.2 billion: annual dividend increased to 49.0 cents per share; $431 million of shares repurchased (approximately 3% of outstanding shares); and
• Fiscal 2024 outlook: Adjusted EPS of 67-71 cents per share. Adjusted Free Cash Flow of $850-950 million.