Sharpening our global business for long-term growth

Over the past year, Amcor has been deliberate about strengthening its business and positioning the company for sustainable, long-term growth. The combination with Berry Global has broadened Amcor’s capabilities and scale in focused categories, while reinforcing a shared culture centered on people, customers and disciplined execution.

A key step has been simplifying the business portfolio. Amcor identified non-core businesses early and has moved quickly to find better owners for them. Through the first three quarters of fiscal 2026, the company has divested or agreed to divest six businesses, reducing complexity and freeing up capital for higher value-creating investments. This shift is allowing greater focus on categories with stronger customer relevance and clearer growth potential, particularly in the protein, foodservice, liquids, beauty & wellness, pet care and healthcare categories.

That discipline also applies to the geographic markets where the company chooses to operate. Examples include Amcor’s presence in Africa, where the company recently divested its businesses in Morocco and South Africa, allowing resources to be redirected toward markets with stronger demand and clearer growth opportunities. Another example is Russia, a market Amcor exited in 2022 and then again in 2026 by selling operations acquired through the combination with Berry Global.

As Amcor exits a market, preserving customer relationships and the foundations for future success becomes an important consideration. The company implements detailed plans for product supply or transfers. Similarly, all contracts with customers — including major brands, private label and distributors — are governed by a robust framework to ensure full compliance with applicable regulations, including exports.

As a result, the North American and European markets have gained significance as a pillar of Amcor’s future. The company has made significant investments across these manufacturing networks to strengthen technological capabilities, innovation and service levels to meet customers’ growth plans.

A defining trait of the new Amcor is also its global reach and scale. In addition to attractive, more developed geographies, the company enjoys leadership positions in emerging markets like Mexico and Brazil to capture faster growth opportunities. Amcor’s combined rigid and flexible packaging platform is supporting global and regional food, beverage and healthcare customers as local production demand increases. Expanded scale is improving service consistency and enabling the rollout of higher value packaging solutions across domestic and export markets.

Similarly, Amcor is a household name for packaging in China and India, where customers increasingly seek partners that combine strong local execution with global standards. Amcor’s Asia Pacific Innovation Center now holds China National Accreditation Service for Conformity Assessment accreditation, helping customers move faster with trusted testing and problem solving. In India, targeted investments and academic partnerships are expanding capabilities in flexible and recyclable packaging to support future demand.

Across all regions, the approach is consistent: focus on attractive categories, leverage Amcor’s scale and material science expertise, and build long-term customer partnerships. With a more focused portfolio and clear priorities, Amcor is better positioned to deliver resilient performance and sustained growth over time.