Amcor benefits from pantry hoarding and oil price plunge
Simon EvansSenior reporter
Packaging giant Amcor has three in-built positives to enable it to navigate the coronavirus economic turmoil better than most companies, but that hasn't stopped a 22 per cent slide in its share price since February 11.
More than 90 per cent of Amcor’s revenue stems from the sale of packaging for defensive consumer markets such as food, beverages, hygiene, medicine and healthcare products.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
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