News: Amcor H1 profit falls 9%

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Amcor Limited's (ASX:AMC) first half net profit after significant items has fallen 9 per cent in the same period its net profit before significant items increased 14 per cent.

The packaging company’s fall in profit after significant items was impacted by a strong Australian dollar, restructuring and acquisition costs.

Amcor’s profit before significant items was boosted by savings from its Alcan and Ball acquisitions.

CEO Ken McKenzie says the first-half result represented a record underlying profit, returns and interim dividend.



An unfranked interim dividend of 18 cents per share has been declared.