Amcor plc Announced Quarterly Dividend of 11.5 cps

  • May 12, 2020 AEST
  • Team Kalkine

Amcor plc (ASX:AMC) released FY 2020 results for nine-month period ended 31 March 2020. The snippet of the performance as mentioned below.

  • Quarterly dividend distribution of 11.5 cps was declared.
  • Pre-tax synergy benefits of $55 million (YTD) because of Bemis integration.
  • Net income was $433 million.
  • Adjusted EBIT of $1,059 million, an increase of 6.9 per cent (in constant currency terms) on pcp basis.
  • Adjusted free cash flow was $367 million, an increase of $217 million on pcp basis.
  • Earnings per share was 26.9 cps and Adjusted EPS was 44.7 cps.
  • Guidance for FY 2020 (all figures in constant currency terms)
    • Adjusted EPS growth of around 11-12 per cent (previously 7-10%).
    • Net interest cost is likely to lie in between $190 - $200 million (previously $210 - $230 million)

 


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