AMC News: Packaging firm Amcor reports downbeat quarter on soft consumer demand - 1st Nov 2023, 7:51am

annb0t

Top 20
Oct 31 (Reuters) - Packaging company Amcor Plc on Tuesday reported a drop in first-quarter revenue and profit, hit by softer demand for its containers and cartons as consumer goods companies looked to trim inventories in a choppy macroeconomic environment.

The Zurich-headquartered company, which provides to consumer packaged goods companies like Cadbury-maker Mondelez International, took a hit from lower volumes in categories such as healthcare, meat and liquid beverages in North America, as we...

>>> Read more: Packaging firm Amcor reports downbeat quarter on soft consumer demand
 
Top Bottom