secwatch.observer — SEC 8-K summary
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Issuer:     Amcor plc (AMCR)
CIK:        0001748790
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001748790-23-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amcor Q1 FY2024 adjusted EPS 15.6c, net sales $3.44B -7% YoY; reaffirms FY guidance
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- Net sales $3,443M (-7% reported, -6% constant currency); volumes down ~8% due to destocking.
- GAAP diluted EPS 10.5c; adjusted EPS 15.6c; adjusted EBIT $358M (-5% constant currency).
- Quarterly dividend raised to 12.5c/share (from 12.25c); $30M shares repurchased in Q1.
- Reaffirmed FY2024 adjusted EPS guidance of 67-71c and adjusted FCF of $850-950M.
- Leverage 3.3x net debt/EBITDA; expects to return to ~3.0x by June 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748790/000174879023000034/0001748790-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748790/000174879023000034/amcr-20231031.htm
  HTML page:      https://secwatch.observer/filing/0001748790-23-000034

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