Shares of AMCOR are trading over 4% higher, to one-month high of $15.22, as the company reported a 3.8% rise in underlying net profit to USD 308 million.
The street had been expecting an underlying profit of USD 290 million.
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Revenue rose 1.8% to USD 4.5 billion. AMCOR declared an interim dividend of USD 19.5 cents per share, compared to a USD 19 cent dividend during the same period last year.
AMCOR shares are up over 11% since trading as low as 13.65 in mid-November. Technical resistance will now be found in the $15.50 area.
