The sharemarket fell for a second day in a row, closing 1 per cent lower. NAB is the first major lender to lift rates after RBA’s 11th hike. Gabriel Govinda, better known online as Fibonarchery, sentenced to imprisonment and fined. CBA cuts 230 jobs.
The world’s largest packaging company has pushed through billions of dollars in price hikes to its customers to combat soaring inflation, which helped it grow sales and profit.
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.
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.
This one move by the mining giant put it back on the radar for this top-rated fund manager.
Two industrial companies to emerge from reporting season with an interest in mergers and acquisitions are Amcor and its offshoot Orora.
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.
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.
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 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’s CEO Ron Delia is watching the threat of global inflation but remains confident in underlying demand for its consumer packaging products.
This global giant has just pushed through the equivilent of $1.8bn in annual price rises onto customers.
The meetings come after Xi Jinping told the US President he would take ‘drastic actions’ if he felt provoked on Taiwan.
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.
Growth in meat, coffee and pet food packaging offset a fall in demand for healthcare as Amcor delivered a record annual profit.
Global packaging giant Amcor continues to cash in on the new COVID world order, with working from home driving demand for consumer products.
Packaging giant Amcor has lifted earnings guidance and declared a 16.55c a share dividend for the first quarter.
Demand for ready meals, coffee, home cleaning and healthcare during COVID-19 has delivered for Amcor.
Original URL: https://www.theaustralian.com.au/topics/amcor/page/2