Slide 1: Fiscal 2025 First Quarter Results
Fiscal 2025 First Quarter Results (three months ended September 30, 2024) October 31, 2024 US November 1, 2024 Australia Peter Konieczny CEO Michael Casamento CFO
Slide 2: Disclaimers
Disclaimers 2 Cautionary Statement Regarding Forward-Looking Statements This document contains certain statements that are “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are genera
Slide 3: Safety
Safety 3 Guided by our values. Always our number one priority. Sustained excellence 11.2 4.1 2.0 2.8 1.4 [x.x] Recordable-case frequency rate (per million hours worked) 1Q25 TRIR Includes impact of acquired businesses 201520102005 2020 Notes: Recordable Case Frequency Rate (RCFR) expresses injuries
Slide 4: Strategic priorities and actions taken
4 Further orient portfolio towards faster growing higher margin categories through organic growth and M&A Champion the best substrate solutions to eliminate waste, lower carbon footprint and increase recycling rates Growth oriented customer first mindset and leverage global scale and capabilities Gr
Slide 5: Vision and value creation model
5 Established, long-term track record enhanced by higher levels of volume- driven organic growth Consistent delivery of attractive and sustainable value aligned with Amcor’s Shareholder Value Creation Model Partner of choice to solve for sustainability across multiple substrates, driving circularity
Slide 6: Key messages
6 Key messages Another quarter of sequentially improving volume growth First quarter financial result in line with expectations Reaffirming full year guidance Evolving strategic focus to unlock value 6
Slide 7: First quarter financial result in line with expectations
+5% vs pcp First quarter financial result in line with expectations 7 -2% vs pcp Another quarter of volume growth and sequential improvement $3,353m Net sales +3% vs pcp $365m EBIT EPS 16.2 cents Notes: EBIT and EPS presented on an adjusted basis and growth rates for these and Net sales exclude the
Slide 8: Flexibles segment
Flexibles segment Notes: CCC refers to Comparable Constant Currency. CCC growth reconciliations can be found in the appendix. Non-GAAP measures exclude items which are not considered representative of ongoing operations. Further details related to non-GAAP measures including Adjusted EBIT and reconc
Slide 9: Rigid Packaging segment
September quarter highlights • Third quarter of sequential improvement in overall volumes. Volumes down 4%, a ~1% point improvement on 4Q24 • North America beverage volumes down high single digit rates largely reflecting expected soft consumer and customer demand • Adjusted EBIT up 2% reflecting • S
Slide 10: Cash flow and balance sheet
Cash flow and balance sheet 10 Notes: Non-GAAP measures exclude items which are not considered representative of ongoing operations. Further details related to non-GAAP measures including Adjusted EBITDA and Adjusted Free Cash Flow and reconciliations to U.S. GAAP measures can be found in the append
Slide 11: Fiscal 2025 guidance reaffirmed
11 Fiscal 2025 guidance reaffirmed Amcor’s guidance contemplates a range of factors which create a higher degree of uncertainty and additional complexity when estimating future financial results. Refer to slide 2 for further information. Reconciliations of the fiscal 2025 projected non-GAAP measures
Slide 12: Key messages
12 Key messages Another quarter of sequentially improving volume growth First quarter financial result in line with expectations Reaffirming full year guidance Evolving strategic focus to unlock value 12
Slide 13: Appendix slides
Appendix slides Supplementary schedules and reconciliations
Slide 14: FX translation impact
FX translation impact 14 EUR 20-30% Other currencies(2) 20-30% USD 45-55% EUR:USD Euro stronger vs USD, Average USD to EUR rate 1Q25 0.9105 vs 1Q24 0.9189 1Q25 USD million impact on Adjusted Net income 1% 1 Other currencies(2):USD Other currencies weighted average vs USD weaker for 1Q25 vs 1Q24 aver
Slide 15: Reconciliations of non-GAAP financial measures
Reconciliations of non-GAAP financial measures 15
Slide 16: Reconciliations of non-GAAP financial measures
Reconciliations of non-GAAP financial measures 16
Slide 17: Reconciliations of non-GAAP financial measures
Reconciliations of non-GAAP financial measures 17