Kelley talked about the decision to exit the joint venture on Nov. 3 while on the floor of Pack Expo in Chicago. Bericap, based in Budenheim, Germany, will pay Amcor $122 million for the 50 percent of ...
Analyst Gabrial Hajde of Wells Fargo maintained a Hold rating on Amcor (AMCR – Research Report), retaining the price target of $10.80.
Amcor noted the deal during its first fiscal 2025 earnings call, in which new CEO Peter Konieczny also discussed the ...
Amcor Plc operates as a holding company ... The Flexibles segment develops and supplies flexible packaging globally. The Rigid Plastics segment manufactures rigid plastic containers and related ...
The company also generated $8.1bn in revenue from products that met global recyclability standards in the year.
Due to the low value/weight ratio of plastic packaging, it is imperative to reduce the transportation of finished products to control costs. Amcor’s plants are strategically located near ...
This business supplies plastic bottles for mostly discretionary ... We maintain our AUD 17.80 fair value estimate for narrow-moat Amcor. Currently, shares screen as undervalued, trading at about ...
and 95% of rigid packaging by weight was recyclable in practice and at scale. Amcor also surpassed its goal of including 10% post-consumer recycled plastic one year ahead of schedule and purchased ...
Amcor has reported 94% of its flexible packaging portfolio by area offering recyclable solutions, while 95% of its rigid ...
And whereas for plastic, we're building within ... which both sit in the Rigid Packaging segment. From a net income perspective at an Amcor level, the group level, after taking out the minority ...