Amcor plc
For the period ended Dec 31, 2023. Filed Feb 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 7, 2024
AMCR$45.19+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
| Three Months Ended December 31, | Six Months Ended December 31, | |||
|---|---|---|---|---|
| ($ in millions, except per share data) | 2023 | 2022 | 2023 | 2022 |
| Net sales | $3,251 | $3,642 | $6,694 | $7,354 |
| Cost of sales | (2,630) | (2,980) | (5,428) | (6,024) |
| Gross profit | 621 | 662 | 1,266 | 1,330 |
| Selling, general, and administrative expenses | (299) | (298) | (601) | (600) |
| Research and development expenses | (28) | (24) | (55) | (49) |
| Restructuring and other related activities, net | (24) | 213 | (52) | 212 |
| Other income/(expenses), net | (28) | 6 | (46) | 8 |
| Operating income | 242 | 559 | 512 | 901 |
| Interest income | 11 | 11 | 21 | 20 |
| Interest expense | (89) | (79) | (174) | (138) |
| Other non-operating income, net | 1 | 3 | — | 3 |
| Income before income taxes and equity in loss of affiliated companies | 165 | 494 | 359 | 786 |
| Income tax expense | (28) | (33) | (67) | (91) |
| Equity in loss of affiliated companies, net of tax | (1) | — | (2) | — |
| Net income | $136 | $461 | $290 | $695 |
| Net income attributable to non-controlling interests | (2) | (2) | (4) | (4) |
| Net income attributable to Amcor plc | $134 | $459 | $286 | $691 |
| Basic earnings per share: | $0.093 | $0.309 | $0.198 | $0.465 |
| Diluted earnings per share: | $0.092 | $0.307 | $0.198 | $0.461 |
Note: Per share amounts may not add due to rounding. See accompanying notes to condensed consolidated financial statements.
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