Thursday 21. August 2008
Amcor: RESULTS FOR 12 MONTHS ENDED JUNE 30, 2008
Amcor announces profit after tax and before significant items of $369.1 million, down 7%. Translation impact from the higher Australian dollar on profit after tax and before significant items was negative $32 million. Profit before interest and tax for the continuing businesses increased 9.4%, in constant currency terms. The final dividend remains steady at 17 cents per share giving a full year dividend of 34 cents per share. Free cash flow of $112.4 million, after the dividend payment. Significant items, primarily relating to planned restructuring, was a loss of $110.3 million, compared to a profit of $136.7 million in the 2006/07 year.