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  "documentTitle": "Amcor plc (pro forma Amcor-Berry Global combination) (AMCR)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-03-10 00:00:00",
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  "pageNumber": 37,
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  "notes": "The slide highlights Amcor's poor performance relative to the defensive industries it serves.",
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      "text": "Though Amcor serves a mix of companies in defensive food, beverage, personal care, tobacco and healthcare industries, it is not immune to a potential recession. It will likely experience declining results much greater than the industries it serves.",
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      "text": "2008 vs 2009 Sales: -8.2%",
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      "text": "Though Amcor serves a mix of companies in defensive food, beverage, personal care, tobacco and healthcare industries, it is not immune to a potential recession. It will likely experience declining results much greater than the industries it serves.",
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      "text": "Source: Company Filings",
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      "kind": "title",
      "text": "Amcor Not Recession Resistant",
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