ASX rises; Boral, Suncorp jump on profit beat
Financials and material push ASX higher. Boral books 53 per cent profit jump. BHP suspends WA ops after fatal incident. Elders unsure of share fall. Amcor flags soft outlook.
Amcor
ASX closes up; Medibank stocks among top risers
Local stocks end the day higher led by materials and energy gains. CBA hikes home loan, savings rates. Loan values fell in September. Rio lifts after winning over Turquoise investors. Inflation boost for Amcor. AGL up as Cannon-Brookes wins backing in board battle.
How BHP won over this fund manager again
This one move by the mining giant put it back on the radar for this top-rated fund manager.
Amcor, Orora on lookout for packaging buyouts
Two industrial companies to emerge from reporting season with an interest in mergers and acquisitions are Amcor and its offshoot Orora.
Amcor exits Russia, forecasts more growth in 2023
Packaging giant Amcor will exit Russia and take a $US200m ($288m) writedown after delivering a rise in 2022 earnings, with further profit growth expected this year.
Big tick for Amcor’s pragmatic strategy
Shares in Amcor leapt 5.5 per cent as the market learned just how skilful the global packaging giant has been in managing supply chain problems and rising inflation.
Amcor to scale back operations in Russia
ASX-listed global packaging giant Amcor says it will begin scaling back operations in Russia in response to the Kremlin’s invasion of Ukraine.
ASX rises as BHP and Macquarie lead gains
ASX ends higher as mining and energy stocks gain. Boral falls on earnings hit, New Hope swings to profit, Macquarie rallies on broker upgrade and consumer confidence plunges.
Amcor passing on cost hikes as inflation bites
Amcor’s CEO Ron Delia is watching the threat of global inflation but remains confident in underlying demand for its consumer packaging products.
Why this boss is taking inflation seriously
This global giant has just pushed through the equivilent of $1.8bn in annual price rises onto customers.
Taiwan in talks with Biden’s officials in DC
The meetings come after Xi Jinping told the US President he would take ‘drastic actions’ if he felt provoked on Taiwan.
Humble Delia lets profits do talking
Ron Delia was just 43 when he took over as chief of Amcor in mid-2015. He prefers to let the group’s numbers speak for themselves and they are impressive.
Amcor surges as US, Europe open
Growth in meat, coffee and pet food packaging offset a fall in demand for healthcare as Amcor delivered a record annual profit.
Amcor cashes in on stay-home sales
Global packaging giant Amcor continues to cash in on the new COVID world order, with working from home driving demand for consumer products.
Amcor lifts outlook, looking for acquisitions
Packaging giant Amcor has lifted earnings guidance and declared a 16.55c a share dividend for the first quarter.
Amcor rides WFH demand amid ‘indefinite’ pandemic
Demand for ready meals, coffee, home cleaning and healthcare during COVID-19 has delivered for Amcor.
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Original URL: https://www.theaustralian.com.au/topics/amcor/page/2