Amcor's Aussie amputation

Amcor's earnings topped expectations but the focus was all on how much better the company would perform without the Australasian arm.

Lopping off laggards has become strategy du jour in the corporate world and Amcor’s (AMC) earnings result this morning highlighted just how much better the company will perform once it spins off its Australasian packaging and distribution arm.

The result opened a window on the amount of blue sky available to an Amcor flying solo, even with the better-than-expected performance of the slimmed down AAPD.

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