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Amcor announces 2019 Full Year Results. Highlights below

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ASX:AMC   AMCOR PLC
Highlights:

• GAAP net income of $430.2 million; Cash flow from operating activities of $776.1 million;

• Adjusted EBIT of $1,075.4 million, up 5.7% in constant currency terms;

• Adjusted net income of $729.5 million, up 9.0% in constant currency terms;

• Adjusted cash flow after dividends of $192.7 million;

• 2019 total dividend increased to 45.5 US cents per share,
including 12.0 US cents per share dividend declared today;

• All-stock Bemis acquisition completed 11 June 2019 and $180 million of pre-tax cost synergies over three years reconfirmed;

• Proceeds from required divestments to drive shareholder value through a $500 million share buy-back and $50 million in strategic investments to advance Amcor’s sustainability agenda. Amcor’s CEO Mr Ron Delia said: “2019 was a transformative year for Amcor, marked by the successful completion

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