Amcor FY18 Results and FY19 Outlook
FY2018 full year result(1)
•
PAT and EPS in line with last year in constant
currency terms
•
Flexibles: USD 43m total impact from normal time lag in
recovering higher raw material costs
Rigid Plastics: weak beverage volumes in North America on
adverse customer and product mix
Outstanding cost performance across the business
USD million
Jun 17 Jun 18 Δ%
Constant
Currency
Δ%
.
Sales revenue
9,101.0
9,319.1 2.4
(0.6)
•
PBIT
1,088.2 1,085.5 (0.2)
(3.3)
PBIT margin (%)
12.0
11.6
PAT
701.2
724.0
3.3
(0.2)
•
EPS (US cents)
60.6
62.6
3.3
(0.2)
•
Free cash flow
245.3
194.1
Return on funds employed (%)
20.4
19.0
Dividend (US cents)
43.0
45.0
4.7
amcor
Ongoing net benefit from US tax reform
Solid cash flow and balance sheet
Free cash flow of USD 194 million
Net debt/ PBITDA 2.7 times
Full year dividend up 5% to 45.0 US cents per share
Constant currency earnings in line with last year
Encouraging indications entering the 2018/19 financial year
(1) Throughout this document, all references to June 18 are to statutory earnings and references to June 17 are to underlying earnings unless otherwise indicated.
Underlying earnings for June 17 are defined and reconciled on slide 37.
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