Amcor plc (AMCR) CEO Ron Delia on Q3 2022 Results - Earnings Call Transcript

Amcor plc (NYSE:AMCR) Q3 2022 Earnings Conference Call May 3, 2022 5:30 PM ET

Company Participants

Tracey Whitehead - Global Head, Investor Relations

Ron Delia - Chief Executive Officer

Michael Casamento - Chief Financial Officer

Conference Call Participants

Bryan Burgmeier - Citi

Keith Chau - MST

George Staphos - Bank of America

John Purtell - Macquarie

Adam Samuelson - Goldman Sachs

Larry Gandler - Credit Suisse

Mike Roxland - Truist Securities

Nathan Reilly - UBS

Ghansham Panjabi - Baird

Richard Johnson - Jefferies

Kyle White - Deutsche Bank

James Wilson - Jarden Australia

Andrew Scott - Morgan Stanley

Operator

Good day. My name is Savannah and I will be your conference operator for today. At this time I would like to welcome everyone to the Amcor Third Quarter 2022 results. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise, and after the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

And I would now like to turn the conference over to Tracey Whitehead, Global Head of Investor Relations. Please go ahead.

Tracey Whitehead

Thank you, Operator, and welcome everyone to our March quarter earnings call for fiscal 2022. Joining today is Ron Delia, Chief Executive Officer; and Michael Casamento, Chief Financial Officer.

Before I hand over to them, let me note a few items. On our website amcor.com under the Investors section, you'll find today's press release and presentation, which will be discussed on the call. Please be aware that we'll discuss non-GAAP financial measures and related reconciliations can be found in the press release and the presentation. Remarks will also include forward-looking statements that are based on management's current views and assumptions.

The second slide in today's presentation lists several factors that could cause future results to differ from current estimates. Please refer to our filings on the SEC website or on our own website for further details. During the question-and-answer session, we request that participants ask their question and then rejoin the queue for any additional questions.

With that I'll hand over to Ron.

Ron Delia

Thanks Tracey and thanks everyone for joining Michael and myself today to discuss Amcor's financial performance at the end of the third quarter. We'll begin with some prepared remarks before opening for Q&A. And since safety is our first and most important value we'll start on slide 3 with safety as we do in every meeting at Amcor. And we believe our ultimate goal of zero injuries is absolutely possible and we continue to make good progress. So far in fiscal 2022, we reduced the number of injuries across the company by 5% compared to the prior year and more than half of our sites have been injury-free for at least 12 months.