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Raw materials & energyCapital & Financial Markets 4 Nov 2026

Amcor cuts transition-period adjusted EPS guidance to USD 1.70-1.80 on energy and distribution costs

Amcor cut its adjusted earnings-per-share guidance for the July to December 2026 transition period to USD 1.70-1.80 from USD 1.80-1.90, citing delayed recovery of higher energy and distribution costs. It also raised expected leverage at 31 December 2026 to about 3.6x from 3.5-3.6x. Net sales for the quarter to 30 September 2026 rose 7% to USD 6,129m. Adjusted EBITDA fell 3% to USD 883m, and the free cash outflow widened to USD 820m from USD 343m.

Why this mattersAmcor's cut, tied to delayed recovery of energy and distribution costs, shows margin pressure where price pass-through lags input inflation.

  • Transition-period (July-December 2026) adjusted EPS guidance cut to USD 1.70-1.80 from USD 1.80-1.90.
  • Expected leverage at 31 December 2026 raised to about 3.6x from 3.5-3.6x.
  • Net sales rose 7% to USD 6,129m (6% at constant currency) in the quarter to 30 September 2026.
  • Adjusted EBITDA fell 3% to USD 883m; adjusted diluted EPS fell 2% to USD 0.95.
  • Free cash outflow widened to USD 820m from USD 343m, reflecting working-capital effects of resin-price volatility.
  • Berry acquisition synergies added about USD 50m in the quarter; the three-year USD 650m synergy target remains on track.
Amcor
Sources stocktitan.net
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-11-05 · Edited before publication: Style: the summary and key facts used '$' instead of 'USD'. Ordering: the guidance cut is the headline event, so it now opens the summary and the key facts. The dividend was replaced with synergy progress, which is more material.