Amcor’s latest financial results point to a significantly expanded global packaging operation following its acquisition of Berry Global, with the company’s Australian business positioned within a broader portfolio spanning flexible and rigid packaging, cartons and closures.
For the year ended 30 June 2026, Amcor reported global sales of US$23.5 billion, up 57 per cent, while adjusted EBITDA increased 68 per cent to US$3.67 billion.
The company said the strong result reflected the Berry acquisition, broad-based volume growth, cost and productivity initiatives, and synergies from combining the two businesses.
For the Australian packaging market, the significance is less about the headline financial numbers and more about the scale and breadth of the enlarged packaging supplier.
Amcor’s portfolio now covers flexible packaging, rigid packaging, cartons and closures across food, nutrition, health, beauty and wellness applications. The company operates across approximately 400 locations in more than 40 countries and employs around 75,000 people globally.
Peter Konieczny, CEO of Amcor, said the business had performed strongly despite a challenging macroeconomic environment.
He highlighted broad-based volume growth, management of input cost inflation and synergy realisation ahead of plan, as well as improved performance in non-core businesses.
Konieczny added that the company was now focused on capturing the longer-term potential of the combined operation.
“We delivered strong operating performance in the fourth quarter despite a challenging macro environment,” Konieczny said.
“Looking ahead, we are encouraged by the momentum we see across the business and the greater potential for growth and continued synergy capture following the transformative acquisition of Berry.”
Flexible packaging remains particularly important to Amcor’s overall packaging operation. The Global Flexible Packaging Solutions business generated US$12.83 billion in sales during FY2026, up 24 per cent on a constant-currency basis.
Higher volumes were recorded in markets including pet food and protein, while healthcare volumes were lower. Growth in emerging markets was led by Asia.
Rigid packaging delivered even stronger growth, reflecting the scale of the Berry addition. Full-year sales reached US$10.68 billion, representing 110 per cent growth on a constant-currency basis. Foodservice and beauty and wellness were among the markets recording higher quarterly volumes.
While the results do not provide detailed financial figures specifically for Australia, Amcor’s ASX-listed status and its Australian operations place the local market within the company’s wider global packaging strategy.
The company identifies Asia as a growth region within its flexible packaging business, with emerging-market volumes increasing during the year.
For Australian food and beverage packaging businesses, the enlarged Amcor portfolio potentially provides access to a broader range of packaging capabilities and global resources.
The company says its combined packaging operation is focused on developing solutions that are functional, appealing and more sustainable for customers and consumers.
The next phase will centre on completing the Berry integration and converting the scale of the combined business into further productivity and growth. Amcor expects adjusted EPS of US$1.80 to US$1.90 for its six-month transition period to 31 December 2026.
For Australia’s packaging sector, the key takeaway is the emergence of a substantially larger global packaging player, with the integration of Berry reshaping the scale and breadth of Amcor’s offering as it looks to support customers across increasingly diverse packaging markets.
