secwatch.observer — SEC 8-K summary
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Issuer:     Amcor plc (AMCR)
CIK:        0001748790
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001748790-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amcor H1 adj EPS +8% CC; raises buyback to $500M; maintains FY23 guidance
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- H1 adj EPS 36.6 cps (+8% CC); GAAP EPS 46.1 cps (+65%) includes $215M Russia gain.
- Q2 adj EPS 18.5 cps (+7% CC); net sales $3.64B (+1% CC) with volumes down 2%.
- Board approved additional $100M buyback; total FY23 expected up to $500M; dividend raised to 12.25 cps.
- Completed sale of Russian business for ~$365M cash; acquired MDK (China medical packaging) for ~$50M sales.
- FY23 guidance: adj EPS 77-81 cps, FCF $1.0-1.1B; more cautious on demand, interest/tax headwind ~4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748790/000174879023000005/0001748790-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748790/000174879023000005/amcr-20230207.htm
  HTML page:      https://secwatch.observer/filing/0001748790-23-000005

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