Berry Global Group, Inc. (NYSE:BERY) today reported results for its third fiscal 2017 quarter, referred to in the following as the June 2017 quarter. “This continues to be an exciting year for Berry as we celebrate our 50th year in business while also achieving a milestone in the quarter with our placement into the Fortune 500. We achieved quarterly records for net sales and operating EBITDA and continued our work integrating the AEP acquisition. Adjusted free cash flow improved 20 percent, and adjusted net income per diluted share was also 13% higher at 93 cents,” said Tom Salmon, CEO of Berry.
Amcor’s Chief Executive Officer, Ron Delia said: “As a packaging leader, our commitment to responsible packaging is integral to the success of our business. Innovative, responsible packaging protects the product, extends its shelf life and can reduce a significant amount of waste throughout the supply chain.
“This year, I am particularly proud of our multi-year agreement to support the World Food Programme (WFP). This is the most significant global partnership of its kind for Amcor, and by working closely with WPF, we can provide financial support and packaging expertise that will help improve the shelf life and safety of WFP food.”
Performance highlights for 2015 include: •Surpassed EnviroAction* five year targets with a reduction of 28% in greenhouse gas emissions intensity; 60% waste to landfill intensity reduction; and 20% decrease in water use intensity;
•Since launching the Amcor Community Program last year, to date Amcor has invested about half a million US dollars in communities through this program; and
•67% of manufacturing sites certified to international food safety management standards to ensure we are producing high quality products that are safe to use.
Amcor continues to be recognised by global and regional sustainability indices for our sustainability performance. We are included in the Dow Jones Sustainability World Index, the Climate Disclosure Leadership Index for Australia, the MSCI Global Sustainability Index series, the Ethibel Excellence Investment Register and the FTSE4Good Index.
Amcor received a gold rating in the 2014 Corporate Social Responsibility assessment conducted by EcoVadis, a global platform for the evaluation of companies’ social and environmental performance.
Our innovative packaging solutions were also recognised, receiving a number of industry awards in the past year. These include: Gold and Silver Flexible Packaging Association Achievement awards, three European Aluminium Foil Association awards, and two World Packaging Organisation’s Worldstar awards. Each of the winning design innovations delivered a reduced environmental footprint and other sustainability benefits.