Amcor cuts transition-period adjusted EPS outlook to $1.70-$1.80 on higher energy, distribution costs
AMCR•AMCR•AMCR•AMCR•Amcor cut its adjusted EPS outlook for July-December 2026 to $1.70-$1.80 from $1.80-$1.90, citing delayed pass-through of higher energy and distribution costs. It reaffirmed its $650 million synergy target by June 30, 2028, and expects double-digit adjusted EPS growth in 2027.
Amcor cut its adjusted EPS guidance for July-December 2026 to $1.70-$1.80 from $1.80-$1.90. The reduction reflects delayed pass-through of higher energy and distribution costs; measures underway are expected to prevent any impact on 2027 results.
Transition-period synergies remain forecast at $130 million, including $60 million delivered in the September quarter. Amcor reaffirmed its target of $650 million in synergies by June 30, 2028, with most savings expected by the end of 2027. Its 2027 expectations still include double-digit adjusted EPS growth and year-end leverage of approximately 3 times.
