Description

Amcor Limited’s $5.9 Billion Quarter — Berry Global Integration Unlocks Scale!

Amcor Limited reported third quarter fiscal 2026 results reflecting continued progress following its combination with Berry Global, completed one year ago. The integration has proceeded smoothly, enabling the company to meet synergy targets earlier than initially projected, with $77 million in synergies delivered during the quarter and $170 million year-to-date. Management expects full-year synergy realization of $270 million, exceeding the original $260 million target, and anticipates cumulative synergies of $650 million over three years. This synergy capture is a key contributor to the company’s earnings growth despite a modestly challenging volume environment. Revenue for the quarter was $5.9 billion, supported significantly by the Berry acquisition, with adjusted earnings per share (EPS) increasing 6% year-over-year to $0.96 and 11% year-to-date to $2.79. The core portfolio, accounting for approximately $20 billion in revenue, showed resilience with EBIT up about 4% year-to-date despite volume declines of roughly 1.