AAmcor Corporate Venturing invests in early-stage and growth-stage packaging startups to advance sustainable packaging, new business models, and digitization across the packaging value chain. The fund provides more than capital by connecting portfolio companies to Amcor’s global network, technical resources, and market knowledge to help technologies scale. Its approach combines funding with strategic collaboration to address challenges like recyclability and waste reduction, aligning with Amcor’s broader sustainability and innovation goals. The main aim is to accelerate innovation in packaging and circular economy initiatives, leveraging Amcor’s reach to bring new solutions to market.
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Company Size
10,001+
Company Stage
IPO
Headquarters
Zurich, Switzerland
Founded
1864
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Total Funding
$2.2B
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Amcor reported first-quarter revenue of $6.1 billion, up 7% year over year, as organic volume grew 1% and higher raw material costs were passed through to customers. Adjusted EBITDA was $883 million, and adjusted earnings per share (EPS) was $0.95, flat on a constant currency basis. The packaging maker raised its quarterly dividend to $0.66 per share. It captured $60 million in synergies and remains on track for $130 million in the transition period and $650 million over three years. However, Amcor cut its transition-period adjusted EPS outlook to $1.70–$1.80 from $1.80–$1.90, citing the timing of energy and distribution cost pass-through. Free cash flow was an outflow of $820 million, and leverage rose to 3.76 times. For 2027, Amcor expects double-digit adjusted EPS growth and targets leverage of about three times by year-end.
Amcor (NYSE: AMCR) cut its adjusted earnings per share (EPS) outlook for its six-month transition period to $1.70–$1.80, from $1.80–$1.90. Rising energy and distribution costs outpaced the packaging company's ability to pass them on to customers. Revenue for the quarter ended September 30, 2026 rose 7% to $6.1 billion, with organic volume growth of 1%. Adjusted EPS was $0.95, flat year over year in constant currency after divestiture adjustments. Chief executive officer Peter Konieczny said pricing and cost actions should catch up by the end of the December quarter. Amcor still expects double-digit adjusted EPS growth in 2027. The board raised the quarterly dividend to $0.66 per share. Amcor reported a free cash outflow of $820 million but expects about $800 million of positive free cash flow in the December quarter.
Amcor reported net sales of $6,129 million for the quarter ended September 30, 2026, up 7% on the prior year. Net income was $242 million, with diluted earnings per share (EPS) of $0.52 and adjusted diluted EPS of $0.95. Adjusted EBITDA was flat at $883 million. Volumes rose 1%, led by pet food, foodservice, and beauty and wellness. Free cash outflow was $820 million, which the company blamed on resin price volatility linked to the Middle East conflict. Amcor cut its adjusted EPS outlook for the six-month transition period to $1.70–$1.80, from $1.80–$1.90, because higher energy and distribution costs take time to pass on to customers. It expects leverage of about 3.6x at December 31, 2026. The board declared a quarterly dividend of 66.0 cents per share, payable December 16, 2026.
Amcor has partnered with Chinese pet food company Ge Wu An to launch Li Kou, marking the first commercial use of inverted-cup packaging in China. The design features a bottom seal allowing pet owners to peel, flip and lift the pack so contents drop into a bowl intact, eliminating food waste and scraping. The polypropylene cup format addresses common issues with traditional tins, including damaged pull rings, sharp edges and leftover food. It also offers weight and material advantages over aluminium cans, reducing transport costs. Development took over a year through Amcor's Catalyst innovation platform, which connected the companies early in the project. The collaboration combined Ge Wu An's consumer insights with Amcor's packaging expertise to create a solution differentiating through improved user experience.
Amcor is supplying Tiptree, the preserves and spreads business owned by Wilkin & Sons, with packaging films containing certified 30% post-consumer recycled plastic for use in shrink film and pallet stretch wrap. The change covers Amcor's collation shrink film and Bontite Sustane stretch wrap. Tiptree is making the switch ahead of revisions to the UK Plastic Packaging Tax taking effect in April 2027. Under those rules, post-industrial recycled material will no longer qualify towards the 30% minimum recycled plastic requirement, with only PCR content set to count. Production takes place at Amcor's UK facilities in Leominster and Bromborough. Both products hold RecyClass Recycled Plastics Traceability Certification under EN15343, verifying the amount of PCR plastic used and confirming traceability through monitored manufacturing processes.
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Zurich, Switzerland
Founded
1864
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs