Amcor plc is a global leader in developing and producing responsible packaging solutions across a variety of materials for food, beverage, pharmaceutical, medical, home and personal-care, and other products. The company's global product innovation and sustainability expertise enable it to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons, and closures. Amcor is focused on making packaging that is increasingly recyclable, reusable, lighter weight, and made using an increasing amount of recycled content.

The company operates through two reportable segments: Flexibles and Rigid Packaging. The Flexibles segment develops and supplies flexible packaging globally, while the Rigid Packaging segment manufactures rigid packaging containers and related products in the Americas. Amcor's sales are made through a variety of distribution channels, but predominantly through its direct sales force. The company considers itself to be a significant participant in the markets in which it operates.

• Employees: Approximately 41,000 (as of June 30, 2024)
• Geographic Footprint: Operations in 40 countries
• Headquarters: Warmley, Bristol, United Kingdom
• Founded: More than 150 years ago
• Number of locations/facilities: 212
• Revenue: $13.64 billion (FY2024)
• Key Subsidiaries/Brands: Amcor Flexibles North America, Amcor UK Finance, Amcor Finance (USA), Amcor Group Finance

• Interim CEO: Peter Konieczny
• CFO: Michael Casamento
• Executive VP and Chief Human Resources Officer: Susana Suarez Gonzalez
• Executive VP and General Counsel: Deborah Rasin
• Board Chair: Graeme Liebelt

Peter Konieczny has served as Interim CEO since 2024. Michael Casamento has been CFO since 2015. Other executives have served in their roles since 2022 or later.

• Annual Revenue: $13.64 billion (FY2024)
• Net Income: $730 million (FY2024)
• Total Assets: $16.524 billion (as of June 30, 2024)
• Employees: Approximately 41,000 (as of June 30, 2024)
• Key Financial Highlights: Net sales decreased by 7% in FY2024 compared to FY2023. Net income attributable to Amcor plc decreased by 30% in FY2024 compared to FY2023.

Amcor offers a range of innovative and differentiated packaging products and services, including:

• Flexible Packaging: Polymer resin, aluminum, and fiber-based flexible packaging.
• Rigid Packaging: Rigid packaging containers and related products.
• Specialty Cartons: Specialty cartons
• Closures: Closures

Amcor operates through two reportable segments:

• Flexibles Segment: Accounts for approximately 76% of consolidated net sales (FY2024).
• Rigid Packaging Segment: Accounts for approximately 24% of consolidated net sales (FY2024).

Amcor's business strategy consists of a focused portfolio, differentiated capabilities, and the aspiration to be the leading global packaging company. The company aims to consistently create superior value for shareholders through dividends, organic growth, and targeted acquisitions and share buybacks. Amcor is focused on responsible packaging solutions, with a commitment to making all packaging recyclable, compostable, or reusable by 2025 and increasing the use of recycled materials to 30% by 2030. The company invests approximately $100 million a year in research and development.

Key strategic initiatives include product innovation, consumer participation, and waste management infrastructure. Amcor has developed a decarbonization strategy focused on renewable electricity, supply chain footprint reduction, recycled materials, product redesign, and operational efficiency.

Amcor operates in the highly competitive packaging industry. The company considers itself a significant participant in the markets in which it operates. Key areas of competition include service, sustainability, innovation, quality, and price. Major competitors include AptarGroup, Inc., Ball Corporation, Berry Global Group, Inc, CCL Industries Inc., Crown Holdings, Inc., Graphic Packaging Holding Company, Huhtamaki Oyj, International Paper Company, Mayr-Melnhof Karton AG, O-I Glass, Inc., Sealed Air Corporation, Silgan Holdings Inc., and Sonoco Products Company, and a variety of privately held companies.

• Market Risks: Changes in consumer demand, significant competition, and an inability to expand the current business effectively through organic growth or acquisitions.
• Operational Risks: Challenging global economic conditions, impacts of operating internationally, price fluctuations or shortages in the availability of raw materials, energy and other inputs, and supply chain disruptions.
• Financial Risks: A significant increase in indebtedness or a downgrade in the credit rating, rising interest rates, and foreign exchange rate risk.
• Regulatory Risks: Changes in environmental, health, and safety laws, and changes in tax laws.
• Cybersecurity Risks: Disruptions to operations or loss of sensitive business information due to cyber-attacks.