Amcor full year profit rises 21%

Company News

by Rachael Jones

Packaging company Amcor (ASX:AMC) saw its full-year net profit rise 21.3 per cent to $US724 million.

Revenue rose 2.4 per cent to $US9.312 billion.

Earlier this month the company announced their plans to acquire US packaging company Bemis in an all-share combination.

Amcor said it will pay a US24 cents final dividend to shareholders of record on September 10, 2018.

Shares in Amcor (ASX:AMC) are trading 2.77 per cent lower to $13.88.
 

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