To date, Amcor's global packaging operations have been minimally affected, having been deemed as life-essential services. Furthermore, with plastic packaging tied intimately to the consumption of household staples, I anticipate Amcor's packaging volume to be minimally affected by the impending economic fallout. Importantly, I believe Amcor's balance sheet exhibits requisite strength. In the current, highly uncertain environment, I judge Amcor’s liquidity as sufficient and also expect financial leverage to remain well within internal targets.
Business Overview
By revenue, Amcor is among the largest packaging companies in the world with ~$13B in annual sales. Its portfolio