Emerging markets remain critical for Amcor’s success
Amcor Limited (ASX:AMC) finished the March quarter higher after a strong profit result for the half year, a result that highlighted the strength of AMC’s global packaging offer and the customer and regional diversity it brings. In particular, AMC reported solid volume demand in Europe and strong demand for drinks volume in the US and parts of Latin America. In recent years, emerging markets have been the key driver of volumes at AMC, so it is pleasing to see the larger, developed markets deliver some improved volumes. AMC continues to acquire bolt-on packaging businesses, particularly in emerging markets, noting a substantial acquisition in Latin America and small acquisitions in both India and China in recent periods.
View the March 2016 performance reports: