Avery Dennison Corporation · NYSE:AVY
Avery Dennison — Investor Presentation (September 2023)
20 slides from Avery Dennison's investor presentation, September 2023
Slide 1: Avery Dennison Company Profile 2023
Avery Dennison Company Profile 2023 2023 Avery Dennison Company Profile Classification: Avery Dennison - Public 1
Slide 2: Our Story
Our Story Ray Stanton (“Stan”) Avery invented the world’s first self-adhesive label as a way to merchandise objects. In 1935, he founded Avery Adhesives in downtown Los Angeles and, in 1990, the company merged with Dennison Manufacturing to form Avery Dennison. Over the past 88 years, we have grown f
Slide 3: Who We Are
Who We Are Avery Dennison is a global materials science and digital identification solutions company that provides branding and information labeling solutions and functional materials for home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals and automotive industri
Slide 4: Our Businesses at a Glance
Our Businesses at a Glance Materials Group Solutions Group $6.5 bil.(1) $2.5 bil.(1) (former LGM and IHM) (former RBIS) Pressure-sensitive materials ● RFID solutions ● Label materials (LPM) ● Branded tag and embellishment solutions ● Graphic and reflective materials ● Data management and identificatio
Slide 5: Materials Group: 2022 Sales and Financial Snapshot
AVY 2022 Sales by Segment Materials Group Materials Group Solutions Group 72% 28% 2022 Sales by Product Product Category High-Value Label Materials Categories Graphics & Reflectives 35% Performance Tapes & Medical 2022 Financial Snapshot Other Revenue $6.5 bil. 2022 Sales by Geography Sales Change Ex
Slide 6: Solutions Group: 2022 Sales and Financial Snapshot
AVY 2022 Sales by Segment Solutions Group Materials Group Solutions Group 72% 28% 2022 Sales by Product Product Category High-Value Base Solutions Categories Intelligent Labels 53% Vestcom 2022 Financial Snapshot Ext. Embellishments Revenue $2.5 bil. Sales Change Ex. Currency 2022 Sales by Geography
Slide 7: Intelligent Labels
Intelligent Labels Intelligent labels leverage RFID technology to$0.8B provide solutions that enable omnichannel retail, more efficient supply 2022 Sales by End Market End Market chains, enhanced consumer experience and less waste. $0.8B Apparel $1B Other $0.8B ~20% Org. Sales Pipeline by End Market
Slide 8: Our Competitive Advantages
Our Competitive Advantages ● Global scale; ~200 operating locations Recognized industry leader with a global footprint, including a strong presence in emerging markets ● Innovative materials science capabilities; vertically integrated in adhesives ● Innovative process technology ● Operational and co
Slide 9: Our Values
Our Values Integrity External Focus Sustainability Diversity We are driven by We get out to We are focused on the We gain strength doing the right thing. get better. long-term health of our from diverse ideas Always. business, planet and and inclusive teams. communities. Teamwork Innovation Courage
Slide 10: Our Sustainability Goals
Our Sustainability Goals 2030 Goals 2030 Targets Satisfy the recycling, composting or reuse requirements of all single-use consumer packaging and apparel with our products and solutions. Solutions Group: 100% of core product categories will meet our third-party verified Sustainable ADvantage Standard
Slide 11: Making a Material Difference
Making a Material Difference We are a force for good embedded in industries and communities worldwide. Sustainable Products Corporate Social Responsibility Diversity, Equity and Inclusion We invent products and processes that The Avery Dennison Foundation supports We believe that we gain strength fr
Slide 12: ESG: Balanced Scorecard Measuring Progress for Key Stakeholders
ESG: Balanced Scorecard Measuring Progress for Key Stakeholders Employees Customers Communities Shareholders Employee Engagement Vitality Index Cum. GHG% Reduction Cumulative TSR (as of 1.25.23) AVY * *as of 193% Q3 2022 S&P 500 100% Women Manager+ Service Flexibility % Certified Paper 2023 Avery Den
Slide 13: Appendix
Appendix 2023 Avery Dennison Company Profile Classification: Avery Dennison - Public 13
Slide 14: Company Leadership Team
Company Leadership Team Deon Stander President and Sept 2023 Chief Executive Officer Functions Greg Lovins SVP/Chief Financial Officer Solutions Group Materials Group Francisco Melo Jeroen Diderich Steve Flannery President, Solutions SVP/GM, Materials SVP/GM, Materials Deena Group Worldwide Group, NA
Slide 15: Company Videos
Company Videos Company Vision Diversity, Equity & Inclusion Avery Dennison Vision Video > Every Voice. Every Day > Our Values Sustainability Eight Values. One Team > Towards a More Sustainable Future > Careers Video Company History You Make the Difference > Gentle Giant > 2023 Avery Dennison Company
Slide 16: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures This presentation contains certain non-GAAP financial measures as defined by SEC rules. We report our financial results in conformity with accounting principles generally accepted in the United States of America, or GAAP, and also communicate with investors using cert
Slide 17: Sales Change Ex. Currency and Organic Sales Change by Segment
Sales Change Ex. Currency and Organic Sales Change by Segment (1) Totals may not sum due to rounding 2023 Avery Dennison Company Profile Classification: Avery Dennison - Public 17
Slide 18: Adjusted Operating Margin and EBITDA – Materials Group
Adjusted Operating Margin and EBITDA – Materials Group 2023 Avery Dennison Company Profile Classification: Avery Dennison - Public 18
Slide 19: Adjusted Operating Margin and EBITDA – Solutions Group
Adjusted Operating Margin and EBITDA – Solutions Group 2023 Avery Dennison Company Profile Classification: Avery Dennison - Public 19
Slide 20: Contact Us
Contact Us Have a question or comment regarding this corporate profile? Send an email to [email protected] Presentation updated September 2023 © 2023 Avery Dennison Corporation. All rights reserved. Avery Dennison and all other Avery Dennison brands, product names and codes are trademarks of Ave
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