m_and_a
confidence high
sentiment neutral
materiality 0.70
Amcor pro forma shows combined FY2024 revenue $23.3B, net income $764M from Berry merger
Amcor plc
- Combined FY2024 net sales $23,321M; net income attributable to Amcor $764M; diluted EPS $0.33.
- Nine months to Mar 2025 net sales $17,235M; net income $803M; diluted EPS $0.34.
- Total merger consideration ~$10.4B ($8.2B equity + $2.2B debt); Amcor issued $2.2B notes at ~5.14% to refinance Berry debt.
- Pro forma total assets $37.9B, goodwill $12.1B, other intangibles $6.6B reflecting purchase price allocation.
- Berry's HHS segment (HHNF & Specialty Tapes) disposed prior to close, removed from continuing ops in pro forma.
item 9.01