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Amcor talks Berry synergies at 1-year mark

Meanwhile, the company has taken a $500 million hit due to effects of the war with Iran — but it has passed on “the vast majority” of inflation costs to customers.

Amcor brought in $23.5 billion in net sales and $1.1 billion in net income for its full fiscal year 2026, which ended June 30.Strong volume growth occurred in the food service, pet care and protein categories, while liquids and beauty and wellness volumes were flat. Overall, trends have improved as the year has progressed, said CFO Stephen Scherger. Sales growth for flexibles was primarily driven by the acquisition of Berry Global last year, he said.

During fiscal Q4, Amcor hit the one-year mark since it completed the Berry acquisition. Integration largely is finished and synergies are tracking ahead of expectations. The company achieved approximately $285 million in synergies in fiscal 2026, about 10% ahead of initial projections. That’s also nearly half of the company’s three-year target of $650 million, with the bulk expected to be realized in 2027. 

Amcor talks Berry synergies at 1-year mark | Packaging Dive

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