Avery Dennison Corporation · NYSE:AVY
Avery Dennison — Investor Presentation (May 2024)
20 slides from Avery Dennison's investor presentation, May 2024
Slide 1: Avery Dennison Company Profile 2024
Avery Dennison Company Profile 2024 2024 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 89 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 a wide range of branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect
Slide 4: Our Businesses at a Glance
Our Businesses at a Glance Materials Group Solutions Group $5.8 bil.(1) $2.6 bil.(1) Pressure-sensitive materials ● RFID solutions ● Label materials (LPM) ● Branded tag and embellishment solutions ● Graphic and reflective materials ● Data management and identification solutions ● Functional materials
Slide 5: Materials Group: 2023 Sales by Segment
AVY 2023 Sales by Segment Materials Group Materials Group Solutions Group 69% 31% Materials Group Product Category 2023 Sales by Product High-Value Label Materials Categories Graphics & Reflectives 36% Performance Tapes & Medical 2023 Financial Snapshot Other Revenue $5.8 bil. Materials Group Sales C
Slide 6: Solutions Group: 2023 Sales by Segment
AVY 2023 Sales by Segment Solutions Group Materials Group Solutions Group 69% 31% Solutions Group Product Category 2023 Sales by Product High-Value Categories Base Solutions Intelligent Labels 60% Vestcom 2022 Financial Snapshot 2023 Ext. Embellishments Revenue $2.6 bil. Sales Change Ex. Currency So
Slide 7: Intelligent Labels
Intelligent Labels Intelligent labels leverage RFID technology to provide solutions that enable omnichannel retail, more efficient supply chains, enhanced consumer experience and less waste. $1B 18% Organic Sales CAGR ● Industry-leading position; 50%+ UHF RFID share ● Targeting 20%+ growth in 2024 $0
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 ● Materials science expertise; vertically integrated in adhesives ● Advanced process technology ● Operational and commercial excelle
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: 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 11: 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 12: Appendix
Appendix 2024 Avery Dennison Company Profile Classification: Avery Dennison - Public 12
Slide 13: Company Leadership Team
Company Leadership Team May 2024 Deon Stander President and Chief Executive Officer Functions Greg Lovins SVP/Chief Financial Officer Solutions Group Materials Group Francisco Melo Ryan Yost Deena Baker-Nel President, President, SVP/Chief Human Solutions Group Materials Group Resources Officer Nick Col
Slide 14: ESG: Measuring Progress for Key Stakeholders
ESG: Measuring Progress for Key Stakeholders Employees Customers Communities Shareholders Employee Engagement Vitality Index Cum. GHG% Reduction Cumulative TSR (as of 12.31.23) *as of * Q3 2023 145% AVY S&P 500 107% Women Manager+ Service Flexibility % Certified Paper 2024 Avery Dennison Company Profi
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 > 2024 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 (2) Percentages reflect five-year compound annual growth rates, with 2018 as the base period. 2024 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 2024 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 2024 Avery Dennison Company Profile Classification: Avery Dennison - Public 19
Slide 20: Contact Us
Contact Us Have a question or comment regarding this company profile? Send an email to [email protected] Presentation updated May 2024 © 2024 Avery Dennison Corporation. All rights reserved. Avery Dennison and all other Avery Dennison brands, product names and codes are trademarks of Avery Denni