Paper & Packaging

Amcor provided a robust update for the nine months to March yet detail is lacking on just how cost pressures will pan out

Amcor achieved a strong result in the first half, ramping up its buyback program and setting the stage for further acquisitions

Amcor has upgraded guidance and announced a new buyback, providing a pleasing outlook for the rest of FY21.

Orora has strengthened its packaging business in North America in the first quarter, with earnings growth that surprised to the upside, while Australasia remains flat.

Amid a significant increase in community awareness around the sustainability of plastic, Amcor has outlined its agenda for technological improvement, sustainability and value creation.

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Orora has divested its fibre business and Morgan Stanley believes the ongoing review is an opportunity to unlock value, in North America in particular.

A brief look at important company events and economic data releases next week.

Australian company Licella, is an interesting case study in plastic-recycling disruption. FNArena examines the way in which disruptive companies in this sector are forcing a foot in the door of a tightly held industry.

Amcor has upgraded earnings growth guidance, a rare occurrence in the current environment, and the stock’s dividend yield remains a key feature.

Michael Gable of Fairmont Equities suggest that after a period of consolidation, Amcor appears ready to head higher.