Profit results for year ended 30 June 2010

26 August, 2010:

Highlights

Profit after tax and before significant items of $409.2 million, up 13.5%.
The negative translation impact from the higher Australian dollar on profit after tax and before significant items on the legacy Amcor businesses is estimated to be approximately $58 million.
Operating cash flow of $566.8 million.
Final dividend of 17.0 cents per share equal to the final dividend last year.
Free cash flow of $280.6 million.
Earnings per share before significant items of 35.2 cents, down 13.9%. This reduction is due to the additional shares on issue resulting from the equity raising to partially fund the Alcan Packaging acquisition.
Significant items, primarily relating to the acquisition of former Alcan Packaging businesses and planned restructuring, were an after tax expense of $226.2 million.
Acquisition of the former Alcan Packaging businesses completed on 2 February 2010.
Acquisition of the Ball Plastics assets completed on 3 August 2010.

Full details in PDF version, below.

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