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Amcor reports year to date results and raises outlook for fiscal 2021


Amcor reports year to date results and raises outlook for fiscal 2021
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Highlights - Nine Months Ended March 31, 2021
GAAP Net Income of $684 million, up 58%; GAAP earnings per share (EPS) of 43.8 cents per share, up 63%;
Adjusted EPS of 51.5 cents per share, up 16% on a comparable constant currency basis;
Adjusted EBIT of $1,144 million, up 9% on a comparable constant currency basis;
$55 million Bemis cost synergies year to date; expect approximately $70 million in FY21 and well positioned to deliver at least $180 million by end of fiscal 2022;
Quarterly dividend higher than this quarter last year at 11.75 cents per share;
Approximately 2% of outstanding shares repurchased year to date; and ....

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KKR Acquires Natural Pet Food Group


Press release content from Business Wire. The AP news staff was not involved in its creation.
KKR Acquires Natural Pet Food Group
May 2, 2021 GMT
CHRISTCHURCH, New Zealand (BUSINESS WIRE) May 2, 2021
Natural Pet Food Group (the “Company”), a New Zealand-based premium pet food company, and KKR, a leading global investment firm, today announced the completion of KKR’s acquisition of Natural Pet Food Group. The investment will be used to support the Company’s international growth and advance its mission to supply safe, sustainably sourced high-meat pet food from New Zealand to more customers and their pets worldwide.
Neil Hinton, CEO of Natural Pet Food Group said, “My team is excited about the opportunities and connections that KKR can provide. Our business is about providing pet owners with the very best in natural, high-meat nutrition for the four-legged members of their families. KKR has an impeccable pedigree in our sector which will help us grow, ....

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