{"id":90125,"date":"2020-11-06T08:10:00","date_gmt":"2020-11-05T21:10:00","guid":{"rendered":"https:\/\/www.fnarena.com\/index.php\/2020\/11\/06\/amcor-reports-strong-first-quarter-results-and-raises-outlook-for-fiscal-2021\/"},"modified":"2020-11-06T08:10:00","modified_gmt":"2020-11-05T21:10:00","slug":"amcor-reports-strong-first-quarter-results-and-raises-outlook-for-fiscal-2021","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2020\/11\/06\/amcor-reports-strong-first-quarter-results-and-raises-outlook-for-fiscal-2021\/","title":{"rendered":"Amcor reports strong first quarter results and raises outlook for fiscal 2021"},"content":{"rendered":"<p><span class=\"xn-location\">ZURICH<\/span>, Nov. 6, 2020 \/PRNewswire\/ &#8212;<\/p>\n<p><b>Highlights &#8211; Three Months Ended <span class=\"xn-chron\">September 30, 2020<\/span><\/b><\/p>\n<ul type=\"disc\">\n<li>GAAP earnings per share (EPS) of <span class=\"xn-money\">12.6 cents<\/span> per share, up 207%; <\/li>\n<li>Adjusted EPS of <span class=\"xn-money\">15.8 cents<\/span> per share, up 20% in constant currency terms; <\/li>\n<li>Adjusted EBIT of <span class=\"xn-money\">$358 million<\/span>, up 9% in constant currency terms; <\/li>\n<li>Bemis acquisition synergies of <span class=\"xn-money\">$20 million<\/span> delivered in Q1. <span class=\"xn-money\">$100 million<\/span> delivered on a transaction to date basis; <\/li>\n<li>Quarterly dividend increased to <span class=\"xn-money\">11.75 cents<\/span> per share; <\/li>\n<li><span class=\"xn-money\">$150 million<\/span> share buy-back announced today, funded by divestment proceeds; and <\/li>\n<li>Fiscal 2021 outlook for adjusted EPS growth raised to 7-12% in constant currency terms (previously 5-10%).<\/li>\n<\/ul>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbb1 prntac prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Strong start to the year and outlook for fiscal 2021 raised<br \/>&#160;<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnrbrs prnvab prnsbbs prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Amcor&#8217;s CEO Ron Delia said: &#034;Amcor&#8217;s 2021 fiscal year is off to a strong start with outstanding first quarter financial results ahead of our expectations.&#160; Demand for our products remains resilient and our teams continue to stay focused and to deliver excellent operational performance. Both segments delivered strong growth with Adjusted EBIT increasing 11% in Flexibles and 7% in Rigid Packaging, in constant currency terms.&#160; The outperformance in the first quarter gives us the confidence to raise our outlook for fiscal 2021 adjusted EPS growth to 7-12%, increase the dividend and use divestment proceeds to buy back shares.&#034;&#160; <\/span><\/p>\n<p class=\"prnews_p\">&#160;<\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#034;Our flexible packaging businesses are clearly capitalizing on the strategic and financial benefits from the transformational Bemis acquisition and cumulative cost synergies have now reached $100 million. Rigid Packaging is also building momentum with strong volume growth and mix in North America as that business continues its own transformation.&#034;&#160;<\/span><\/p>\n<p class=\"prnews_p\">&#160;<\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#034;The Amcor investment case has never been stronger.&#160; In addition to further acquisition synergies and an attractive dividend currently yielding more than 4%, organic growth from our consumer and healthcare exposure should remain resilient and will be enhanced over time from innovations delivering more sustainable packaging. With a strong balance sheet and annual free cash flow of over $1 billion, we also have substantial capacity to reinvest in the business and to pursue acquisitions.&#034; <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>  <\/p>\n<p><b>Key Financials<sup>(1)<\/sup><\/b><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>GAAP results<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019 $ million<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020 $ million<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net sales<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,141<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,097<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">66<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">198<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">EPS (diluted US cents)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4.1<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">12.6<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, <\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td rowspan=\"2\" colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Reported ?% <\/b><\/span><\/p>\n<\/td>\n<td class=\"prnsbt1 prnrbrs prnvab prnsbb1 prntar prnpl6 prnsbl1 prnpr8\"><\/td>\n<td rowspan=\"2\" colspan=\"2\" class=\"prnsbt1 prnrbrs prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Constant Currency <br \/>?%<sup>(2)<\/sup><\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted non-GAAP results<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019 $ million<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020 $ million<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen12\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net sales<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,141<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,097<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1)<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">EBITDA<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">441<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">460<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">EBIT<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">335<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">358<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">218<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">247<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">EPS (diluted US cents)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13.4<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15.8<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">18<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">20<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Free cash flow<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(173)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(190)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(10)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen21\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1)&#160; Adjusted non-GAAP results exclude items which management considers as not representative of ongoing operations. <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2) Constant currency net sales change compared with prior year excludes a 0.7% unfavorable currency impact, a 2.6% unfavorable <br \/>impact from the pass through of lower raw material costs and a 0.4% unfavorable impact from divestitures.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Note:&#160; All amounts referenced throughout this document are in US dollars unless otherwise indicated and numbers may not add up <br \/>precisely to the totals provided due to rounding.<b><br \/><\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><b>Bemis cost synergies<\/b><\/p>\n<p>The Bemis business was acquired through an all-stock transaction in June 2019.&#160;&#160; <\/p>\n<p>The Company delivered approximately <span class=\"xn-money\">$20 million<\/span> (pre-tax) of incremental cost synergies during the quarter, with the transaction to date total reaching <span class=\"xn-money\">$100 million<\/span>.&#160;&#160; The Company continues to expect total cost synergies of <span class=\"xn-money\">$180 million<\/span> (pre-tax) by the end of fiscal 2022, through overhead, procurement and footprint initiatives.&#160; <\/p>\n<p><b>Shareholder returns<\/b><\/p>\n<p><b>Dividend<\/b><\/p>\n<p>The Amcor Board of Directors today declared a quarterly cash dividend of <span class=\"xn-money\">11.75 cents<\/span> per share.&#160; The dividend will be paid in US dollars to holders of Amcor&#8217;s ordinary shares trading on the NYSE.&#160; Holders of CDIs trading on the ASX will receive an unfranked dividend of 16.55 Australian cents per share, which reflects the quarterly dividend of <span class=\"xn-money\">11.75 cents<\/span> per share converted at an average AUD:USD exchange rate of 0.7100 over the five trading days ended <span class=\"xn-chron\">October 30, 2020<\/span>.<\/p>\n<p>The ex-dividend date will be <span class=\"xn-chron\">November 23, 2020<\/span>, the record date will be <span class=\"xn-chron\">November 24, 2020<\/span> and the payment date will be <span class=\"xn-chron\">December 15<\/span>, 2020.&#160; Amcor has received a waiver from the ASX&#8217;s settlement operating rules, which will allow the Company to defer processing conversions between its ordinary share and CDI registers from <span class=\"xn-chron\">November 23, 2020<\/span> to <span class=\"xn-chron\">November 24, 2020<\/span>, inclusive.<\/p>\n<p><b>Share buy-back<\/b><\/p>\n<p>The Amcor Board of Directors has approved a <span class=\"xn-money\">$150 million<\/span> buy-back of ordinary shares and CDIs, which will be funded by divestment proceeds received during the current period.&#160; The Company expects to complete the buy-back by the end of this fiscal year. <\/p>\n<p>Amcor is committed to an investment grade credit rating and maintains strong credit metrics.&#160;&#160; With a strong balance sheet and significant annual free cash flow, the Company has substantial capacity to reinvest in the business, pursue&#160; opportunities and maintain an attractive dividend.<\/p>\n<p><b>Financial results &#8211; Three months ended <span class=\"xn-chron\">September 30, 2020<\/span><\/b><\/p>\n<p><b>Segment information<\/b><\/p>\n<p>This quarter, the Company revised the presentation of Adjusted EBIT in the reportable segments to include an allocation of certain research and development and selling, general and administrative expenses that were previously reflected in Other.&#160; This change has no impact on total Amcor Adjusted EBIT.&#160; See page 11 for further information.&#160; <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, 2019<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"8\" nowrap=\"nowrap\" class=\"prngen23\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, 2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted non-GAAP<br \/>results<sup>(1)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net sales <\/b><br \/><b>$ million<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBIT<\/b><br \/><b>$ million<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBIT \/ <br \/>Sales %<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBIT \/ Average <br \/>funds employed <br \/>%<sup>(2)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prnsbts prnsbr1 prnvab prnsbbs prntac prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net sales <br \/>$ million<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBIT<\/b><br \/><b>$ million<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBIT \/<br \/>Sales %<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen24\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBIT \/ Average <br \/>funds employed <br \/>%<sup>(2)<\/sup><\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Flexibles<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,431<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">283<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11.6<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,400<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">312<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13.0<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Rigid Packaging<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">711<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">69<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9.7<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">698<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">72<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10.3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(17)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(27)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total Amcor<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,141<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">335<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10.7<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14.1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,097<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">358<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11.6<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14.3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1)&#160; Adjusted non-GAAP measures exclude items which management considers as not representative of ongoing operations. Further details related<br \/>to non-GAAP measures and reconciliations to GAAP measures can be found under &#034;Presentation of non-GAAP financial information&#034; and in the <br \/>tables included in this release.&#160; <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2) Average funds employed includes shareholders equity and net debt, calculated using a four quarter average and LTM adjusted EBIT.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>Net sales for the Amcor Group of&#160;$3,097 million were 2% higher than last year excluding a combined unfavorable impact of 4% from currency, the pass through of lower raw material costs and divested businesses.&#160; Overall volumes were 2% higher than the prior period and price\/mix had no material impact on net sales.<\/p>\n<p><b><i>Flexibles<\/i><\/b><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen29\"><\/td>\n<td class=\"prngen30\"><\/td>\n<td colspan=\"5\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, <\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen30\"><\/td>\n<td rowspan=\"2\" colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Reported <br \/>?%<\/b><\/span><\/p>\n<\/td>\n<td class=\"prnsbt1 prnrbrs prnvab prnsbb1 prntac prnpl6 prnsbl1 prnpr8\"><\/td>\n<td rowspan=\"2\" colspan=\"2\" class=\"prnsbts prnrbrs prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Constant <\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Currency <br \/>?%<sup>(1)<\/sup><\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\"><\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019 $ million<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020 $ million<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen12\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net sales<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,431<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,400<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1)<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjusted EBIT<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">283<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">312<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjusted EBIT \/ Sales %<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11.6<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13.0<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen21\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1) Constant currency net sales change compared with prior year excludes a 0.3% unfavorable currency impact, a 1.3% <br \/>unfavorable impact from the pass through of lower raw material costs and a 0.5% unfavorable impact from divestitures.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>Overall segment volumes were 2% higher than the prior year, with volume growth in <span class=\"xn-location\">North America<\/span>, <span class=\"xn-location\">Asia Pacific<\/span> and <span class=\"xn-location\">Latin America<\/span>, offset by lower volumes in <span class=\"xn-location\">Europe<\/span>. <\/p>\n<p>Volume growth and a 1% unfavorable impact from price\/mix mainly in <span class=\"xn-location\">North America<\/span> resulted in overall sales being 1% higher than last year excluding the unfavorable impacts of currency, the pass through of lower raw material costs and divested businesses.&#160; <\/p>\n<p>In <span class=\"xn-location\">North America<\/span>, volumes grew in the mid single digit range, mainly driven by strength in the meat, cheese, condiments, pet food and home and personal care end markets as well as specialty folding cartons.&#160; This was partly offset by lower healthcare volumes. In <span class=\"xn-location\">Europe<\/span>, volumes marginally declined driven by lower confectionary, yogurt and closure volumes partly offset by higher volumes in cheese, snacks, pet food and ready meal end markets as well as specialty folding cartons.&#160;&#160;&#160;&#160;&#160; <\/p>\n<p>Volumes were higher across the Asian emerging markets, with mid single digit and double digit growth in <span class=\"xn-location\">China<\/span> and <span class=\"xn-location\">India<\/span> respectively, partly offset by lower flexible packaging and specialty folding carton volumes in <span class=\"xn-location\">Indonesia<\/span> and the Philippines.&#160; In Latin America overall volumes were higher than the prior period.&#160;&#160;&#160; <\/p>\n<p>Adjusted EBIT of <span class=\"xn-money\">$312 million<\/span> was 11.4% higher than the prior year in constant currency terms.&#160; This includes organic growth of 4.4%, primarily reflecting higher volumes and strong cost and operating performance across the business.&#160;&#160;&#160; The remaining 7.0% earnings growth reflects <span class=\"xn-money\">$20 million<\/span> of synergy benefits related to the Bemis acquisition.<\/p>\n<p>Adjusted EBIT margin of 13.0% compares with 11.6% for the prior year.<\/p>\n<p><b><i>Rigid Packaging<\/i><\/b><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen29\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, <\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen30\"><\/td>\n<td rowspan=\"2\" colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Reported<br \/>?%<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td rowspan=\"2\" colspan=\"2\" class=\"prnsbts prnrbrs prnvab prnsbbs prntac prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Constant <br \/>Currency <\/b><\/span><\/p>\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>?%<sup>(1)<\/sup><\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019 $ million<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020 $ million<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net sales<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">711<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">698<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen13\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2)<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjusted EBIT<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">69<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">72<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjusted EBIT \/ Sales %<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9.7<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">10.3<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen21\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1) Constant currency net sales change compared with prior year excludes a 2.3% unfavorable currency <br \/>impact and a 7.2% unfavorable impact from the pass through of lower raw material costs.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>Overall segment volumes were 4% higher than the prior year, with volume growth in <span class=\"xn-location\">North America<\/span> offset by lower volumes in <span class=\"xn-location\">Latin America<\/span>. <\/p>\n<p>Price\/mix had a 4% favorable impact and includes pricing to recover cost inflation in Latin America.&#160; Overall sales were therefore 8% higher than last year excluding the unfavorable impacts of currency and the pass through of lower raw material costs.&#160; <\/p>\n<p>In <span class=\"xn-location\">North America<\/span>, beverage volumes were 7% higher than the prior period with hot fill container volumes up 12%.&#160; There was growth across most beverage segments, particularly in hot fill sports drinks and juices, driven by higher consumption of packaged beverage products and launches of innovative new products in PET containers.&#160; Specialty container volumes were higher than the prior year with continuing growth in certain categories including spirits, personal care and home cleaning.&#160; <\/p>\n<p>In <span class=\"xn-location\">Latin America<\/span>, volumes were 3% lower compared with the prior period.&#160; Volumes were lower in <span class=\"xn-location\">Mexico<\/span>, <span class=\"xn-location\">Peru<\/span>, <span class=\"xn-location\">Colombia<\/span> and <span class=\"xn-location\">Argentina<\/span> and were partially offset by growth in <span class=\"xn-location\">Central America<\/span> and <span class=\"xn-location\">Brazil<\/span>.<\/p>\n<p>Adjusted EBIT of <span class=\"xn-money\">$72 million<\/span> was 7.2% higher than the prior year in constant currency terms.&#160; This reflects higher beverage and specialty container volumes, positive mix and favorable plant costs, partly offset by an unfavorable impact related to a drawdown of inventories in <span class=\"xn-location\">North America<\/span> and lower volumes in Latin America.&#160; <\/p>\n<p><b><i>Other<\/i><\/b><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen29\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted EBIT<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019 $ million<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020 $ million<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">AMVIG (equity accounted investment, net of tax)<sup> (1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Corporate expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(19)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(30)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total Other<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(17)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(27)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1) As announced on 24 September 2020, Amcor sold its investment in AMVIG.&#160; As a result no further<br \/>earnings will be recognized in relation to this investment.&#160;&#160; <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>The increase in corporate expenses primarily reflects timing differences in the current period compared to last year. <\/p>\n<p><b>Net interest and income tax expense<\/b><\/p>\n<p>Net interest expense was <span class=\"xn-money\">$37 million<\/span> compared with <span class=\"xn-money\">$53 million<\/span> in the prior period, with the decrease primarily driven by lower interest rates.&#160; Offsetting this, tax expense (adjusted to exclude amounts related to non-GAAP adjustments) was <span class=\"xn-money\">$72 million<\/span> compared with <span class=\"xn-money\">$62 million<\/span> in the prior year.&#160; Adjusted tax expense represents an effective tax rate of 22.3%.<\/p>\n<p><b>Cash flow <\/b><\/p>\n<p>Adjusted free cash outflow was <span class=\"xn-money\">$190 million<\/span>, broadly in line with the prior year notwithstanding an unfavorable impact of approximately <span class=\"xn-money\">$50 million<\/span> related to timing of cash tax payments in the US which were deferred from the fourth quarter of fiscal 2020. <\/p>\n<p><b>Balance sheet<\/b><\/p>\n<p>Net debt was <span class=\"xn-money\">$5,842 million<\/span> at 30 September 2020.&#160; Leverage, measured as net debt divided by adjusted trailing twelve month EBITDA, was 3.0 times, in line with Amcor&#8217;s expectations. <\/p>\n<p><b>Fiscal 2021 guidance<\/b><\/p>\n<p>&#160;For the twelve month period ending <span class=\"xn-chron\">30 June 2021<\/span>, the Company expects:<\/p>\n<ul type=\"disc\">\n<li>Adjusted constant currency EPS growth of approximately 7 to 12% (previously 5 to 10%), compared with adjusted EPS of 64.2 US cents per share in fiscal 2020.&#160;&#160; <br \/>&#160;- This guidance range includes pre-tax synergy benefits associated with the Bemis acquisition of approximately <span class=\"xn-money\">$50<\/span> to <span class=\"xn-money\">$70 million<\/span>. <br \/>&#160;- Assuming current exchange rates prevail for the remainder of the year, it is estimated that currency would have no material impact on reported EPS. <\/li>\n<li>Adjusted free cash flow of approximately <span class=\"xn-money\">$1.0<\/span> to <span class=\"xn-money\">$1.1 billion<\/span>.<\/li>\n<\/ul>\n<p>Amcor&#8217;s guidance contemplates a range of factors, including the COVID-19 pandemic which creates higher degrees of uncertainty and additional complexity when estimating future financial results. &#160;Amcor&#8217;s business has demonstrated resilience given it plays an important role in the supply of essential consumer goods, and while this is expected to continue, the level of earnings and free cash flow generated across the business could be impacted by COVID-19 related factors such as the extent and nature of any future operational disruptions across the supply chain, government imposed restrictions on consumer mobility and the pace of macroeconomic recovery in key global economies.&#160; The ultimate magnitude and duration of the pandemic&#8217;s future impact on the business remains uncertain at this time.<\/p>\n<p><b>Conference Call<\/b><\/p>\n<p>Amcor is hosting a conference call with investors and analysts to discuss these results on <span class=\"xn-chron\">Thursday November 5, 2020<\/span> at <span class=\"xn-chron\">5:00pm<\/span> US Eastern Standard Time \/ <span class=\"xn-chron\">9.00am<\/span> Australian Eastern Daylight Time. Investors are invited to listen to a live webcast of the conference call at our website, <a target=\"_blank\" href=\"http:\/\/www.amcor.com\/\" rel=\"nofollow\">www.amcor.com<\/a>,&#160;in the&#160;&#034;Investors&#034; section. <\/p>\n<p>Those wishing to access the call should use the following toll-free numbers, with the Conference ID 3965578:<\/p>\n<ul type=\"disc\">\n<li>US &#038; <span class=\"xn-location\">Canada<\/span> \u2013 866 211 4133 <\/li>\n<li><span class=\"xn-location\">Australia<\/span> \u2013 1800 287 011 <\/li>\n<li><span class=\"xn-location\">United Kingdom<\/span> \u2013 0800 051 7107 <\/li>\n<li><span class=\"xn-location\">Singapore<\/span> \u2013 800 852 6506 <\/li>\n<li><span class=\"xn-location\">Hong Kong<\/span> \u2013 800 901 563<\/li>\n<\/ul>\n<p>From all other countries, the call can be accessed by dialing +1 647 689 6614 (toll).<\/p>\n<p>A replay of the webcast will also be available in the Investors section on <a target=\"_blank\" href=\"http:\/\/www.amcor.com\/\" rel=\"nofollow\">www.amcor.com<\/a> following the call.<\/p>\n<p><b>About Amcor<\/b><\/p>\n<p>Amcor is a global leader in developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home and personal-care, and other products.&#160; Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that uses less materials, is increasingly recyclable and reusable, and is made with more recycled content. Around 47,000 Amcor people generate <span class=\"xn-money\">$12.5 billion<\/span> in annual sales from operations that span about 230 locations in 40-plus countries.&#160; NYSE: AMCR; ASX: AMC&#160;<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/www.amcor.com\/\" rel=\"nofollow\">www.amcor.com<\/a>&#160;&#160;I&#160; <span id=\"spanHghlt1d90\"><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/amcor\/\" rel=\"nofollow\">LinkedIn<\/a>&#160; I&#160; <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/amcorlimited\/\" rel=\"nofollow\">Facebook<\/a>&#160; I&#160; <a target=\"_blank\" href=\"https:\/\/twitter.com\/amcorpackaging\" rel=\"nofollow\">Twitter<\/a>&#160; I&#160; <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/user\/AmcorPackaging\" rel=\"nofollow\">YouTube<\/a><\/span><\/p>\n<p><b>Contact Information<\/b><\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Investors<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Tracey Whitehead<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Damien Bird<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Head of Investor Relations<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Vice President Investor Relations<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Amcor<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Amcor<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">+61 3 9226 9028<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">+61 3 9226 9070<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><a target=\"_blank\" href=\"mailto:tracey.whitehead@amcor.com\" class=\"prnews_a\" rel=\"nofollow\">tracey.whitehead@amcor.com<\/a> <\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><a target=\"_blank\" href=\"mailto:damien.bird@amcor.com\" class=\"prnews_a\" rel=\"nofollow\">damien.bird@amcor.com<\/a> <\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Media &#8211; Australia<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Media &#8211; Europe<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Media &#8211; North America<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>James Strong<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Ernesto Duran<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Daniel Yunger<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Head of Global Communications<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Citadel-MAGNUS<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Amcor <\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Kekst CNC<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">+61 448 881 174<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">+41 78 698 69 40<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">+1 212 521 4879<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><a target=\"_blank\" href=\"mailto:jstrong@citadelmagnus.com\" class=\"prnews_a\" rel=\"nofollow\">jstrong@citadelmagnus.com<\/a> <\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><a target=\"_blank\" href=\"mailto:ernesto.duran@amcor.com\" class=\"prnews_a\" rel=\"nofollow\">ernesto.duran@amcor.com<\/a> &#160;<\/span><\/p>\n<\/td>\n<td class=\"prngen6\"><\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><a target=\"_blank\" href=\"mailto:daniel.yunger@kekstcnc.com\" class=\"prnews_a\" rel=\"nofollow\">daniel.yunger@kekstcnc.com<\/a> <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>Amcor plc UK Establishment Address: 83 Tower Road North, Warmley, <span class=\"xn-location\">Bristol, England<\/span>, BS30 8XP, <span class=\"xn-location\">United Kingdom<\/span> <br \/>UK Overseas Company Number: BR020803 <br \/>Registered Office: 3rd Floor, 44 Esplanade, St Helier, JE4 9WG, Jersey<br \/>Jersey Registered Company Number: 126984, Australian Registered Body Number (ARBN): 630 385 278<\/p>\n<p><b>Cautionary Statement Regarding Forward-Looking Statements<\/b><\/p>\n<p>This document contains certain statements that are &#034;forward-looking statements&#034; within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified with words like &#034;believe,&#034; &#034;expect,&#034;, &#034;target&#034;, &#034;project&#034;, &#034;may,&#034; &#034;could,&#034; &#034;would,&#034; &#034;approximately,&#034; &#034;possible,&#034; &#034;will,&#034; &#034;should,&#034; &#034;expect,&#034; &#034;intend,&#034; &#034;plan,&#034; &#034;anticipate,&#034; &#034;estimate,&#034; &#034;potential,&#034; &#034;outlook&#034; or &#034;continue,&#034; the negative of these words, other terms of similar meaning or the use of future dates. Such statements are based on the current expectations of the management of Amcor and are qualified by the inherent risks and uncertainties surrounding future expectations generally. Actual results could differ materially from those currently anticipated due to a number of risks and uncertainties. None of Amcor or any of its respective directors, executive officers or advisors, provide any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements will actually occur. Risks and uncertainties that could cause actual results to differ from expectations include, but are not limited to:&#160; the continued financial and operational impacts of the COVID-19 pandemic on Amcor and its customers, suppliers, employees and the geographic markets in which it and its customers operate; fluctuations in consumer demand patterns; the loss of key customers or a reduction in production requirements of key customers; significant competition in the industries and regions in which Amcor operates; failure to realize the anticipated benefits of the acquisition of Bemis Company, Inc. (&#034;Bemis&#034;), and the cost synergies related thereto; failure to successfully integrate Bemis&#8217; business and operations in the expected time frame or at all; integration costs related to the acquisition of Bemis; failure by Amcor to expand its business; the potential loss of intellectual property rights; various risks that could affect our business operations and financial results due to the international operations; price fluctuations or shortages in the availability of raw materials, energy and other inputs; disruptions to production, supply and commercial risks, including counterparty credit risks, which may be exacerbated in times of economic downturn; the possibility of labor disputes; fluctuations in our credit ratings; disruptions to the financial or capital markets; and other risks and uncertainties identified from time to time in Amcor&#8217;s filings with the U.S. Securities and Exchange Commission (the &#034;SEC&#034;), including without limitation, those described under Item 1A. &#034;Risk Factors&#034; of Amcor&#8217;s annual report on Form 10-K for the fiscal year ended <span class=\"xn-chron\">June 30, 2020<\/span>. You can obtain copies of Amcor&#8217;s filings with the SEC for free at the SEC&#8217;s website (<a target=\"_blank\" href=\"http:\/\/www.sec.gov\/\" rel=\"nofollow\">www.sec.gov<\/a>). Forward-looking statements included herein are made only as of the date hereof and Amcor does not undertake any obligation to update any forward-looking statements, or any other information in this communication, as a result of new information, future developments or otherwise, or to correct any inaccuracies or omissions in them which become apparent, except as expressly required by law. All forward-looking statements in this communication are qualified in their entirety by this cautionary statement.<\/p>\n<p><b>Presentation of non-GAAP financial information<\/b><\/p>\n<p>Included in this release are measures of financial performance that are not calculated in accordance with U.S. GAAP.&#160; These measures include adjusted EBIT (calculated as earnings before interest and tax), adjusted net income, adjusted earnings per share, adjusted free cash flow and net debt.&#160; In arriving at these non-GAAP measures, we exclude items that either have a non-recurring impact on the income statement or which, in the judgment of our management, are items that, either as a result of their nature or size, could, were they not singled out, potentially cause investors to extrapolate future performance from an improper base. While not all inclusive, examples of these items include:<\/p>\n<ul type=\"disc\">\n<li>material restructuring programs, including associated costs such as employee severance, pension and related benefits, impairment of property and equipment and other assets, accelerated depreciation, termination payments for contracts and leases, contractual obligations and any other qualifying costs related to the restructuring plan; <\/li>\n<li>earnings from discontinued operations and any associated profit or loss on sale of businesses or subsidiaries; <\/li>\n<li>consummated and identifiable divestitures agreed to with certain regulatory agencies as a condition of approval for Amcor&#8217;s acquisition of Bemis; <\/li>\n<li>impairments in goodwill and equity method investments; <\/li>\n<li>material acquisition compensation and transaction costs such as due diligence expenses, professional and legal fees and integration costs; <\/li>\n<li>material purchase accounting adjustments for inventory; <\/li>\n<li>amortization of acquired intangible assets from business combinations; <\/li>\n<li>payments or settlements related to legal claims; and <\/li>\n<li>impacts from hyperinflation accounting.<\/li>\n<\/ul>\n<p>Management has used and uses these measures internally for planning, forecasting and evaluating the performance of the company&#8217;s reporting segments and certain of the measures are used as a component of Amcor&#8217;s board of directors&#8217; measurement of Amcor&#8217;s performance for incentive compensation purposes. Amcor also evaluates performance on a constant currency basis, which measures financial results assuming constant foreign currency exchange rates used for translation based on the rates in effect for the comparable prior-year period. In order to compute constant currency results, we multiply or divide, as appropriate, current-year U.S. dollar results by the current-year average foreign exchange rates and then multiply or divide, as appropriate, those amounts by the prior-year average foreign exchange rates. Amcor believes that these non-GAAP measures are useful to enable investors to perform comparisons of current and historical performance of the company. For each of these non-GAAP financial measures, a reconciliation to the most directly comparable U.S. GAAP financial measure has been provided herein. These non-GAAP financial measures should not be construed as an alternative to results determined in accordance with U.S. GAAP.&#160;&#160; The company provides guidance on a non-GAAP basis as we are unable to predict with reasonable certainty the ultimate outcome and timing of certain significant items without unreasonable effort.&#160; These items include but are not limited to the impact of foreign exchange translation, restructuring program costs, asset impairments and possible gains and losses on the sale of assets.&#160; These items are uncertain, depend on various factors and could have a material impact on U.S. GAAP earnings and cash flow measures for the guidance period.<\/p>\n<p>&#160;<\/p>\n<p>&#160;<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>U.S. GAAP Condensed Consolidated Statement of Income (Unaudited)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>($ million)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"2\" class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net sales<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,141<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,097<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cost of sales<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,594)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2,443)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Gross profit<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">547<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">654<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Selling, general and administrative expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(371)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(329)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Research and development expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(26)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(26)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Restructuring and related expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(18)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(23)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other income, net<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating income<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">141<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">276<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest expense, net<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(53)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(37)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other non-operating income (loss), net<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income from continuing operations before income taxes and equity in income (loss) of affiliated companies<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">96<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">242<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income tax expense<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(22)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(61)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Equity in income (loss) of affiliated companies, net of tax<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">19<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income from continuing operations<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">76<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">200<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income (loss) from discontinued operations, net of tax<sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(8)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">68<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">200<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net (income) loss attributable to non-controlling interests<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income attributable to Amcor plc<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">66<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">198<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">USD:EUR FX rate<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.8991<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.8558<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Basic earnings per share attributable to Amcor <\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.041<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.127<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Diluted earnings per share attributable to Amcor <\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.041<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.126<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Weighted average number of shares outstanding \u2013 Basic<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,623<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,561<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Weighted average number of shares outstanding &#8211; Diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,626<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,565<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1) Represents income\/(loss) generated from three former Bemis plants located in the United Kingdom and Ireland from July 1, 2019 to August 8, 2019.&#160;<br \/>Amcor announced the disposal of these assets to Kohlberg &#038; Company on June 25, 2019. This divestment was required by the European Commission at <br \/>the time of approving Amcor&#8217;s acquisition of Bemis on February 11, 2019.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n<p>&#160;<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td colspan=\"2\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>U.S. GAAP Condensed Consolidated Statement of Cash Flows (Unaudited)<\/b><\/span><\/p>\n<\/td>\n<td colspan=\"5\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>($ million)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"2\" class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">68<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">200<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Depreciation, amortization and impairment<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">184<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">145<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Changes in operating assets and liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(348)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(439)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other non-cash items<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(16)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net cash provided from operating activities <\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(89)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(110)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Purchase of property, plant and equipment and other intangible assets<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(115)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(114)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Proceeds from sale of property, plant and equipment and other intangible assets<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Proceeds from divestiture<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">397<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">138<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net debt (repayments) proceeds<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(237)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">258<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Dividends paid<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(188)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Share buy-back<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(58)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other, including effects of exchange rate on cash and cash equivalents<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(20)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">27<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net (decrease) increase in cash and cash equivalents<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(122)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents at the beginning of the period<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">602<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">743<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents at the end of the period<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">480<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">757<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n<p>&#160;<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prngen2\">\n<tbody>\n<tr>\n<td colspan=\"7\" class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>U.S. GAAP Condensed Consolidated Balance Sheet (Unaudited)<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>($ million)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<td colspan=\"2\" class=\"prngen38\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>June 30, 2020<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen38\"><\/td>\n<td colspan=\"2\" class=\"prngen38\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>September 30, 2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">743<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">757<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Trade receivables, net<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,616<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,673<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Inventories, net<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,832<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,784<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Property, plant and equipment, net<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,615<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,649<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Goodwill and other intangible assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,334<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">7,333<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other assets<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,303<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,270<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total assets <\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,442<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,465<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Trade payables<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2,171<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,808<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Short-term debt and current portion of long-term debt<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">206<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">238<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Long-term debt, less current portion<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,028<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,361<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Accruals and other liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,350<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3,314<\/span><\/p>\n<\/td>\n<td class=\"prngen36\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Shareholders equity<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,687<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4,744<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Total liabilities and shareholders equity<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,442<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\"><\/td>\n<td class=\"prngen39\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16,465<\/span><\/p>\n<\/td>\n<td class=\"prngen39\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n<p>&#160;<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td colspan=\"25\" nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Reconciliation of Non-GAAP Measures<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"25\" nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Reconciliation of adjusted Earnings before interest, tax, depreciation and amortization (EBITDA), Earnings before interest and tax (EBIT), Net income and Earnings <br \/>per share (EPS) <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"25\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, 2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, 2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>($ million)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBITDA<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBIT<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net <br \/>Income<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EPS <br \/>(Diluted<\/b><br \/><b>US <br \/>cents)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen40\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBITDA<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBIT<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net <br \/>Income<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EPS <br \/>(Diluted <br \/>US <br \/>cents)<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net income attributable to Amcor<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>66<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>66<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>66<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>4.1<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>198<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>198<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>198<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>12.6<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income attributable to non-controlling<br \/>interests<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(Income) loss from discontinued operations<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.4<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Tax expense<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">61<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">61<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest expense, net<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">53<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">53<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">37<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">37<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">174<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">143<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBITDA, EBIT, Net income and EPS<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>325<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>151<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>74<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>4.5<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>441<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>298<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>198<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>12.6<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Material restructuring and related costs<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1.1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.9<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net gain on disposals<sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen18\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.6)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Material transaction and other costs<sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">84<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">84<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">84<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5.2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.6<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Material impact of hyperinflation<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.9<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">0.3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Amortization of acquired intangibles<sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">68<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">68<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4.2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen26\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">41<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">41<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2.6<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Tax effect of above items<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(40)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2.5)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen28\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(10)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(0.6)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted EBITDA, EBIT, Net income and EPS <\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>441<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>335<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>218<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>13.4<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>460<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>358<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>247<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>15.8<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1) Includes $15 million gain realised upon disposal of AMVIG and losses on disposal of other non-core businesses.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2) Includes costs associated with the Bemis acquisition. The three months ended September 30, 2019 includes $58 million of acquisition related inventory fair value step-up costs.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3) The three months ended September 30, 2019 includes $26 million of sales backlog amortization related to the Bemis acquisition. <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n<p>&#160;<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td colspan=\"25\" nowrap=\"nowrap\" class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Reconciliation of adjusted EBIT by reporting segment<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"25\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, 2019<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen30\"><\/td>\n<td colspan=\"11\" nowrap=\"nowrap\" class=\"prngen23\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, 2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>($ million)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Flexibles<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Rigid <br \/>Packaging<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Other<sup>(1)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Total<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen40\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Flexibles<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Rigid <br \/>Packaging<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Other<sup>(1)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen33\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Total<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net income attributable to Amcor<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>66<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen26\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>198<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net income attributable to non-<br \/>controlling interests<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen26\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(Income) loss from discontinued <br \/>operations<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen26\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Tax expense<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">22<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen26\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">61<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest expense, net<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">53<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen28\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">37<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>EBIT<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>135<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>48<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(33)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>151<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>258<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>58<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(17)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>298<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Material restructuring and related <br \/>costs<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">17<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">8<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">14<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net gain on disposals<sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(15)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(9)<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Material transaction and other <br \/>costs<sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">67<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">16<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">84<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">5<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">9<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Material impact of hyperinflation<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">15<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen26\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">4<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Amortization of acquired<br \/>intangibles<sup>(4)<\/sup><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">67<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">68<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">40<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">41<\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted EBIT <\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>283<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>69<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(17)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>335<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen28\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>312<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>72<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(27)<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>358<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td nowrap=\"nowrap\" class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted EBIT \/ sales %<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>11.6<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>9.7<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>10.7<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen27\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>13.0<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>10.3<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td colspan=\"2\" nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen8\"><\/td>\n<td nowrap=\"nowrap\" class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>11.6<\/b><\/span><\/p>\n<\/td>\n<td nowrap=\"nowrap\" class=\"prngen20\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>%<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1) Other includes equity in income (loss) of affiliated companies, net of tax and general corporate expenses.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2) Includes $15 million gain realised upon disposal of AMVIG and losses on disposal of other non-core businesses.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(3) Includes costs associated with the Bemis acquisition. The three months ended September 30, 2019 includes $58 million of acquisition related inventory fair value step-up costs.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(4) The three months ended September 30, 2019 includes $26 million of sales backlog amortization related to the Bemis acquisition. <\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n<p>&#160;<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen14\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Reconciliations of adjusted free cash flow<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>($ million) <\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"2\" class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Net cash provided from operating activities<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(89)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(110)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Purchase of property, plant and equipment and other intangible assets<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(115)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(114)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Proceeds from sale of property, plant and equipment and other intangible assets<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Operating cash flow related to divested operations<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(32)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">\u2014<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Material transaction and integration related costs<sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">62<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">31<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted free cash flow<sup>(2)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(173)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(190)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1) The three months ended September 30, 2020 and 2019 includes cash restructuring and integration costs of approximately<br \/>$18 million in both years.&#160; <\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(2) Adjusted free cash flow excludes material transaction related costs because these cash flows are not considered to be directly <br \/>related to the underlying business.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"5\" class=\"prngen22\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months Ended September 30, <\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>($ million) <\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen33\"><\/td>\n<td colspan=\"2\" class=\"prngen33\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Adjusted EBITDA<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">441<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">460<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Interest paid, net<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(39)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(18)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Income tax paid<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(54)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(107)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Purchase of property, plant and equipment and other intangible assets<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(115)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(114)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Proceeds from sale of property, plant and equipment and other intangible assets<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">2<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Movement in working capital<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(386)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(416)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(23)<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">3<\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted free cash flow<sup>(1)<\/sup><\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(173)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen19\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>(190)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(1) Adjusted free cash flow excludes material transaction related costs because these cash flows are not considered to be directly <br \/>related to the underlying business.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prngen2\">\n<tbody>\n<tr>\n<td colspan=\"7\" class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Reconciliation of net debt<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"7\" class=\"prngen41\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>($ million)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td colspan=\"2\" class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>June 30, 2020<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td colspan=\"2\" class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>September 30, 2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Cash and cash equivalents<\/span><\/p>\n<\/td>\n<td class=\"prngen41\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(743)<\/span><\/p>\n<\/td>\n<td class=\"prngen41\"><\/td>\n<td class=\"prngen41\"><\/td>\n<td class=\"prngen36\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(757)<\/span><\/p>\n<\/td>\n<td class=\"prngen41\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Short-term debt<\/span><\/p>\n<\/td>\n<td class=\"prngen41\"><\/td>\n<td class=\"prngen41\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">195<\/span><\/p>\n<\/td>\n<td class=\"prngen41\"><\/td>\n<td class=\"prngen41\"><\/td>\n<td class=\"prngen41\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">225<\/span><\/p>\n<\/td>\n<td class=\"prngen41\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen35\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Current portion of long-term debt<\/span><\/p>\n<\/td>\n<td class=\"prngen41\"><\/td>\n<td class=\"prngen41\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">11<\/span><\/p>\n<\/td>\n<td class=\"prngen41\"><\/td>\n<td class=\"prngen41\"><\/td>\n<td class=\"prngen41\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">13<\/span><\/p>\n<\/td>\n<td class=\"prngen41\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Long-term debt excluding current portion of long-term debt<\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td class=\"prngen42\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,028<\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td class=\"prngen42\"><\/td>\n<td class=\"prngen42\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">6,361<\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Net debt<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td class=\"prngen42\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>5,492<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td class=\"prngen42\"><\/td>\n<td class=\"prngen42\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>5,842<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n<p><b>Historical adjusted EBIT by reporting segment<\/b><\/p>\n<p>During the first quarter of fiscal 2021, the Company has revised the presentation of the reportable segments Adjusted EBIT to include an allocation of certain research and development and selling, general and administrative expenses that management previously reflected in Other. The Company refines its expense allocation methodologies to the reportable segments periodically as more refined information becomes available and to align with industry or market changes. Corporate expenses are allocated to the reportable segments based primarily on direct attribution.&#160; Prior periods have been recast to conform to the new cost allocation methodology.<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tbody>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>($ million)<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Three Months<br \/>Ended <br \/>September 30, <br \/>2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen43\"><\/td>\n<td colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Six Months<br \/>Ended <br \/>December 31, <br \/>2019<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen43\"><\/td>\n<td colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Nine Months<br \/>Ended March <br \/>31, 2020<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen43\"><\/td>\n<td colspan=\"2\" class=\"prngen9\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Year Ended <br \/>June 30, 2020<\/b><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Flexibles adjusted EBIT<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">283<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">602<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">919<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">1,296<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>&#160;&#160;&#160;&#160; Flexibles adjusted EBIT margin<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td colspan=\"3\" class=\"prngen44\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>11.6<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen45\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>12.4<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen45\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>12.6<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen45\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>13.3<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Rigid Packaging adjusted EBIT<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">69<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">127<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">197<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">284<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>&#160;&#160;&#160;&#160; Rigid Packaging adjusted EBIT margin<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen44\"><\/td>\n<td colspan=\"3\" class=\"prngen44\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>9.7<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen45\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>9.5<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen45\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>9.6<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen45\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>10.4<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td colspan=\"2\" class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">Other adjusted EBIT<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(17)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(31)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(57)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td class=\"prngen26\"><\/td>\n<td class=\"prngen17\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">(83)<\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#160;&#160;&#160;&#160; <i>AMVIG (equity accounted investment, net of tax)<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen5\"><\/td>\n<td colspan=\"3\" class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntal prnpl6 prnsbl1 prnpr8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>2<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>4<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>8<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"3\" class=\"prngen47\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>12<\/i><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen37\">\n<p class=\"prnews_p\"><span class=\"prnews_span\">&#160;&#160;&#160; <i>&#160;Corporate expenses<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<td colspan=\"2\" class=\"prnsbtb0 prnrbrb0 prnvab prnsbbs prntal prnpl6 prnsblb0 prnpr6\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(19)<\/i><\/span><\/p>\n<\/td>\n<td class=\"prnsbtb0 prnrbrb0 prnvab prnsbbs prntal prnpl6 prnsblb0 prnpr8\"><\/td>\n<td colspan=\"3\" class=\"prngen50\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(35)<\/i><\/span><\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen50\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(65)<\/i><\/span><\/p>\n<\/td>\n<td class=\"prnsbtb0 prnsbr1 prnvab prnsbbs prntal prnpl6 prnsblb0 prnpr8\"><\/td>\n<td colspan=\"2\" class=\"prngen50\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><i>(95)<\/i><\/span><\/p>\n<\/td>\n<td class=\"prngen42\"><\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>Adjusted EBIT<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>335<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen28\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>699<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen28\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>1,059<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<td class=\"prngen28\"><\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\"><span class=\"prnews_span\"><b>1,497<\/b><\/span><\/p>\n<\/td>\n<td class=\"prngen8\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>&#160;<\/p>\n<p>&#160;<\/p>\n<p>Related Links :<\/p>\n<p>http:\/\/www.amcor.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZURICH, Nov. 6, 2020 \/PRNewswire\/ &#8212; Highlights &#8211; Three Months Ended September 30, 2020 GAAP earnings per share (EPS) of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[105],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/90125"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=90125"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/90125\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=90125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=90125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=90125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}