Amcor reports record full year earnings and strong outlook for fiscal 2022

Zurich, aug. 17, 2021 /prnewswire/ -- 2 021 fiscal year highlights gaap net income of $939 million, up 53%; gaap earnings per share (eps) of 60.2 cps, up 58%; adjusted eps of 74.4 cps, up 16% on a comparable constant currency basis, above guidance range; adjusted free cash flow of $1.1 billion, at upper end of guidance range; bemis integration completed - financial targets exceeded and stronger foundation for growth: approximately $75 million of cost synergies in fy21 and expect total to exceed original $180 million target by at least 10%; strong cash returns to shareholders: annual dividend increased to 47.0 cents per share, including 11.75 cents per share declared today. $350 million shares repurchased in fy21 (approximately 2% of outstanding shares); accelerating sustainability agenda and delivery of responsible packaging solutions; and fiscal 2022 outlook: adjusted eps growth of 7-11% on a comparable constant currency basis and adjusted free cash flow of $1.1-$1.2 billion.
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