Amcor plc, a global leader in responsible packaging, has released its Annual Report for Fiscal Year 2024, showcasing a powerful blend of financial resilience, innovation, and sustainability leadership. Amid a challenging macroeconomic backdrop—marked by inflation, supply chain volatility, and shifting customer demand—Amcor demonstrated strong margin preservation, innovation-driven growth, and strategic investments for the future.
This article presents the key highlights, market intelligence, and segment-wise insights drawn from the report, helping investors, analysts, and packaging professionals uncover where the $13.6 billion packaging giant is headed.
📥 [Buy Full Report PDF] – Unlock over 130 pages of financials, ESG performance, and exclusive insights into Amcor’s global packaging operations.
Email: sales@towardspackaging.com
💰 Financial Performance Snapshot (FY2024)
Amcor delivered $13.64 billion in revenue, with GAAP Net Income of $730 million, despite a 7% year-over-year decline in sales.
| Metric | FY2023 | FY2024 | Change |
|---|---|---|---|
| Net Sales | $14.69B | $13.64B | ▼ 7% |
| GAAP Net Income | $1.05B | $730M | ▼ 30% |
| Adjusted EBIT | $1.61B | $1.56B | ▼ 3% |
| Adjusted EPS | 73.3¢ | 70.2¢ | ▼ 4% |
| Free Cash Flow | $848M | $952M | ▲ 12% |
| Dividend/Share | 48¢ | 50¢ | ▲ 4.2% |
💡 Strategic Note: Amcor returned $750 million to shareholders and achieved strong free cash flow, affirming its commitment to long-term value creation and financial discipline.
🏭 Business Segment Insights
✅ Flexibles Segment (76% of Sales)
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Sales: $10.33B (▼ 7%)
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Adjusted EBIT Margin: 13.5% (↑ from 12.8%)
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Strong markets: India, China, Brazil
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Innovation Spotlight: AmFiber™ and AmPrima™ Plus sustainable packaging
💬 “Volume growth returned in Q4 FY2024, indicating recovering customer demand.”
✅ Rigid Packaging Segment (24% of Sales)
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Sales: $3.31B (▼ 7%)
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EBIT Margin: 7.8%
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North America: Beverage volumes ▼ 12%
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Latin America: Growth in Brazil and Colombia
🌱 Sustainability & Innovation: Driving the Future
Amcor is redefining the packaging landscape through ESG excellence and R&D-driven innovation:
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♻️ 10% recycled content achieved—1 year ahead of target
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🎯 Goal: 30% recycled content by 2030
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🏆 Recognitions:
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MSCI ESG Rating: A
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CDP Climate Score: B
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EcoVadis: Gold
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💡 $100M invested annually in R&D
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🚀 New launches: 100% PCR beverage bottles, curbside-recyclable paper packaging
“Sustainability is not just a priority—it’s our pathway to long-term growth.” — Amcor CEO
🌍 Global Footprint & Sales Mix
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Employees: ~41,000
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Facilities: 212 sites across 40 countries
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Sales by Region:
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North America: 48%
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Western Europe: 22%
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Emerging Markets: 27%
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ANZ: 3%
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📈 2025 Outlook: Positioned for Growth
“With improved customer demand and robust cost control, Amcor expects Adjusted EPS of 72–76¢ and Free Cash Flow of up to $1B in FY2025.”
Amcor continues to execute a strategy of:
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Investing in India and North America dairy packaging
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Scaling recycle-ready materials
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Prioritizing innovation and digital transformation
📌 Why You Should Buy the Full Report
The complete Amcor Annual Report 2024 offers over 130 pages of actionable insights for:
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📊 Investors & Analysts: Understand capital allocation, market trends, and EBIT by geography
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🏭 Packaging Buyers & OEMs: Learn about product categories, ESG certifications, and material innovation
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🌿 Sustainability Teams: Gain clarity on Amcor’s carbon footprint, decarbonization roadmap, and recyclable material stats
📥 Get Your Copy Now
🔗 Email: sales@towardspackaging.com
📄 Format: PDF | Instant Access | Verified Source
