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Business Description: Amcor Limited (AMC) is a global packaging company with five operating divisions spread over five major geographic areas (over 42 countries); Australasia, North America, Latin America, Europe and Asia. As a packaging manufacturer, they offer a broad range of rigid plastics, flexibles, fibre, metal and glass products along with packaging-related services.
Strategy Analysis: AMC is focused on potential acquisitions and increased segment participation on order to grow the business. There will be a divestment of non-strategic businesses as well as investment into new equipment in order to lower operating costs and increase plant focus. Geographic expansion through Central and Eastern Europe via organic and acquisitive growth is being developed. The company hopes to leverage strong regional positions and an extensive product portfolio in order to further enhance their market position and capture high performance product growth.
Amcor reported NPAT up 94.9% to $356.7m for the year ended 30 June 2011. Revenues from ordinary activities were $12.41bn, up 26% from last year. Recent acquisitions have been significant contributors to earnings growth and higher returns. Diluted EPS was 28.7 cents compared to 15.6 cents last year. Net operating cash flow was $785.8m compared to $784.1m last year. The final dividend declared was 18 cents, taking the full year dividend to 35 cents compared with 29.5 cents last year. Over the past six years, the Company has undergone a substantial transformation that has included the acquisition of Alcan Packaging and Ball Plastics Packaging. The improved earnings and strong cash flow, positions the Company to accelerate growth in attractive market segments.
The Age 7/02/2012 | ISRAEL'S Foreign Minister was headed for Washington overnight amid signs that the US and its Middle East ally hold diverging views on how best to resolve the standoff over Iran's disputed nuclear program.
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The Age 6/02/2012 | AUSTRALIA has a reputation for embracing technological developments quickly. We had a record take-up of VHS, DVD and widescreen television, and it is widely claimed that the Land of Oz has more home theatres per head of population than anywhere else in the world.
Sun Herald 5/02/2012 | INVESTORS cheered during the week, perhaps convinced that the latest rearrangement of deckchairs on the good ship euro will do the trick and right the heavily listing vessel.