|
Price: $10.0200
$-0.11 
-1.086%
|
| Day's High:
| $10.27
| Week Perf:
| -4.3 %
|
| Day's Low: |
$ 9.99 |
30 Day Perf: |
-1.76 % |
| Volume (M): |
12,090 |
52 Wk High: |
$ 11.48 |
| Volume (M$): |
$ 121,144 |
52 Wk Avg: |
$10.05 |
| Open: |
$10.26 |
52 Wk Low: |
$8.78 |
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|
| Market Capitalization (Millions $) |
14,499 |
| Shares
Outstanding (Millions) |
1,447 |
| Employees |
35,000 |
| Revenues (TTM) (Millions $) |
13,550 |
| Net Income (TTM) (Millions $) |
779 |
| Cash Flow (TTM) (Millions $) |
-92 |
| Capital Exp. (TTM) (Millions $) |
513 |
Amcor Plc
Amcor Plc Overview
Amcor Plc is a prominent global packaging company renowned for its innovative and sustainable packaging solutions. Founded in 1860, Amcor is headquartered in Zurich, Switzerland. Over the years, the company has established itself as a leading player in the packaging industry, providing a diverse range of products for various sectors, including food, beverage, healthcare, pharmaceuticals, personal care, and home care.
Global Operations
With operations spanning more than 40 countries and over 250 sites worldwide, Amcor employs a workforce of over 35,000 individuals. The company serves customers in excess of 100 countries, demonstrating its extensive global reach. This broad operational footprint enables Amcor to meet the packaging needs of various industries and adapt to regional market dynamics.
Product Offerings
1. Flexible Packaging:
Flexible packaging is the largest segment of Amcors business. This category includes a variety of products like pouches, bags, and wraps made from materials such as plastic, aluminum, and paper. These flexible packaging solutions are versatile and find applications across different sectors, specifically in snack foods, frozen meals, pet food, and personal care items. Amcors flexible packaging not only enhances product longevity but also ensures convenience and functionality.
2. Rigid Packaging:
Amcors rigid packaging solutions are characterized by containers made from plastic, glass, and metal. These solutions are critical in industries like food and beverage, healthcare, and pharmaceuticals, where product integrity and safety are paramount. The company has also made strides in offering sustainable rigid packaging options that emphasize recyclability and reduced environmental impact.
3. Specialty Cartons:
This product category encompasses advanced paper-based packaging solutions such as folding cartons, microflute cartons, and paperboard laminates. Specialty cartons are predominantly used in the pharmaceutical, personal care, and home care sectors. Amcor's expertise in this domain allows it to deliver unique packaging designs that cater to specific consumer needs while also addressing sustainability concerns.
Sustainability Initiatives
Amcor Plc places a strong emphasis on sustainability and minimizing its environmental footprint. The company has set ambitious targets for reducing greenhouse gas emissions and increasing the incorporation of recycled materials into its packaging products. Amcor actively pursues initiatives to promote a circular economy by designing packaging that encourages recycling and reuse. This commitment to sustainability not only aligns with global environmental goals but is also increasingly important to consumers and businesses alike.
Acquisition Strategy and Growth
In recent years, Amcor has successfully grown through strategic acquisitions. Notably, in 2019, the company acquired Bemis Company, Inc. a leading provider of flexible and rigid packaging solutions in the Americas. This acquisition significantly enhanced Amcors presence in North America, broadening its product portfolio and reinforcing its market position in the region. Such strategic moves are part of Amcors long-term strategy to expand its capabilities and adapt to evolving market demands.
Conclusion
Amcor Plcs extensive product offerings, commitment to sustainability, and strategic growth initiatives position it as a leader in the global packaging industry. Its active engagement in sustainability efforts and innovation further establishes its role in shaping the future of packaging. As consumer preferences shift toward greener options and more innovative designs, Amcor remains well-positioned to meet the demands of diverse industries while contributing positively to environmental sustainability.
Company Address: 83 Tower Road North Warmley, Bristol 0
Company Phone Number: 9753200 Stock Exchange / Ticker: NYSE AMCR
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| Business Update
Published Wed, Dec 11 2024 8:41 AM UTC
Amcor plc: A Strategic Investment Opportunity or a Risky MergerIn the ever-evolving landscape of the packaging industry, Amcor plc (NYSE: AMCR; ASX: AMC) has recently found itself at the center of attention. At the Annual Bloomberg Activism Forum, Ancora Holdings Group LLC released a thorough investment thesis on Amcor, outlining a positive but cautiously optimistic view of ...
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| Business Update
Published Tue, May 7 2024 3:47 PM UTC
Amcor's Bottles of the Year Program: Fusing Innovation and Responsibility Amid Financial SetbacksAmcor Plc (NYSE: AMCR, ASX:AMC), a titan in the realm of responsible packaging solutions, has unveiled its Bottles of the Year program as a part of this year?s National Packaging Design Day celebrations in Ann Arbor, Michigan. This initiative from Amcor, recurring annually, aims ...
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| Amcor Plc
Amcor Plc, a leading global provider of responsible packaging solutions, recently announced the retirement of its Chief Executive Officer (CEO), Ron Delia, after a successful nine-year tenure. While this news marks a significant transition for the company, it comes at a time when Amcor is striving to solidify its long-term fiscal outlook. Against this backdrop, it is crucial to understand how recent financial results, including a decline in stock performance, revenue weakness, and improved profit margins, will impact Amcor going forward.
Stock Performance:
Amcor Plc's stock has observed a decline of -19.17% from a year ago, resulting in a year-to-date performance of -8.31%. Additionally, the stock is trading only 5.8% above its 52-week low. This decline in stock value suggests investor concern and highlights the need for a careful analysis of Amcor's financial prospects.
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| Personnel Announcements
Published Tue, Mar 19 2024 8:15 PM UTC
By
Zurich - In a surprising turn of events, Amcor, a global leader in responsible packaging solutions, announced the retirement of its Chief Executive Officer (CEO), Ron Delia, after a successful nine-year tenure. The decision, which Delia personally conveyed to the Board of Directors, marks a significant transition for the company as it strives to solidify its lon...
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| Amcor Plc
Amcor Plc, a global leader in packaging solutions, recently reported its financial results for the second quarter of 2024. Unfortunately, the numbers were not very promising, with a significant decline in income per share, profits, and revenue compared to the same period last year. The company's net earnings also took a major hit, dropping by over 70% compared to the previous year.
The decrease in revenue can be attributed to various factors, including slowing demand and potentially other market challenges. The company's operating margin and net margin also saw declines, indicating a decrease in overall profitability. Despite these challenges, Amcor Plc remains a strong player in the packaging industry, with a solid reputation for quality and innovation.
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| Per Share |
Current |
| Earnings (TTM) |
0.53 $ |
| Revenues (TTM) |
9.36 $
|
| Cash Flow (TTM) |
- |
| Cash |
0.3 $
|
| Book Value |
2.76 $
|
| Dividend (TTM) |
0.5 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
0.53 $
|
| Revenues (TTM) |
9.36 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.3 $
|
| Book Value |
2.76 $ |
| Dividend (TTM) |
0.5 $ |
|
|
| |
| Flexibles |
|
 76.11 % |
of total Revenue |
| Rigid Packaging |
|
23.89 % |
of total Revenue |
| Reportable Flexibles |
|
76.11 % |
of total Revenue |
| Reportable Rigid Packaging |
|
23.89 % |
of total Revenue |
| North America |
|
48.82 % |
of total Revenue |
| North America Flexibles |
|
30.78 % |
of total Revenue |
| North America Rigid Packaging |
|
18.04 % |
of total Revenue |
| Latin America |
|
13.93 % |
of total Revenue |
| Latin America Flexibles |
|
8.08 % |
of total Revenue |
| Latin America Rigid Packaging |
|
5.85 % |
of total Revenue |
| Europe |
|
24.99 % |
of total Revenue |
| Europe Flexibles |
|
24.99 % |
of total Revenue |
| Asia Pacific |
|
12.26 % |
of total Revenue |
| Asia Pacific Flexibles |
|
12.26 % |
of total Revenue |
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