Amcor plc reported its first-quarter fiscal 2025 results on October 31, 2024, with net sales of $3,353 million, a 3% decrease on a reported basis compared to the prior year. Adjusted diluted EPS increased by 5% on a comparable constant currency basis to 16.2 cents per share, while adjusted EBIT grew by 3% to $365 million.
The company's adjusted EBIT margin improved by 50 basis points to 10.9% over the prior year, driven by higher volumes, strong cost performance, and benefits from restructuring initiatives. Overall volumes were up approximately 2% compared to the same quarter last year, representing a sequential improvement.
Amcor reaffirmed its adjusted EPS outlook for the twelve-month period ending June 30, 2025, expecting it to be in the range of $0.72 to $0.76 per share. The Board of Directors also declared a quarterly cash dividend of 12.75 cents per share, an increase from 12.5 cents per share in the same quarter last year.
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