2024-02-07 06:06:55 ET
Amcor plc experienced a negative trend in revenue growth over the past three years. Net sales decreased by $118 million or 7% for the six months ended December 31, 2023, compared to the same period in 2022. Lower consumer and customer demand, as well as destocking in the second quarter of fiscal year 2024, contributed to this decrease. Operating expenses increased by $4 million, or 17%, for the three months ended December 31, 2023, mainly due to higher research and development expenses. The comp ... Full story available on KlickAnalytics.com