Avery Dennison Corporation · NYSE:AVY

Avery Dennison — Q2 2015 Earnings Presentation

8 slides from Avery Dennison's earnings presentation, Jul 29, 2015

  1. Slide 1: Forward-looking statements

    Certain statements contained in this document are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements, and financial or other business targets, are subject to certain

  2. Slide 2: 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. These non-GAAP financial measures are not in accordance with, nor are they a substitute for or superior to, the comparable GAAP financial measures. Reconciliations of non-GAAP f

  3. Slide 3: Second Quarter Overview

    Second Quarter Overview Solid quarter, in line with our overall expectations Sales up approx. 4% on organic basis Operating margin, as reported, improved 200 basis points due to productivity initiatives, higher volume, lower restructuring costs and the net impact of price and raw material input cost

  4. Slide 4: Sales Trend Analysis

    2Q14 3Q14 4Q14 1Q15 2Q15 Organic Sales Change 4.0% 3.2% 0.5% 3.0% 3.7% Currency Translation 0.1% 0.4% (3.7)% (7.2)% (9.5)% Extra Week -- -- ~4.5% ~3.0% -- Product Line Divestiture -- -- -- -- (0.4)% Reported Sales Change* 4.1% 3.6% 1.3% (1.4)% (6.2)% Sales Trend Analysis * Totals may not sum due to

  5. Slide 5: Segment Sales and Margin Analysis

    Segment Sales and Margin Analysis 2Q15 Reported Organic Sales Growth: Pressure-sensitive Materials (6)% 6% Retail Branding and Information Solutions (7)% (2)% Vancive Medical Technologies (12)% (1)% Total Company (6)% 4% Adjusted As Reported (Non-GAAP) 2Q15 2Q14 2Q15 2Q14 Operating Margin: Pressure-

  6. Slide 6: Second Quarter Segment Overview

    Second Quarter Segment Overview PRESSURE-SENSITIVE MATERIALS (PSM) Reported sales of $1.11 bil., down approx. 6% Sales up approx. 6% on organic basis Label and Packaging Materials sales up mid-single digits on organic basis Combined sales of Graphics and Performance Tapes up mid-single digits on org

  7. Slide 7: Contributing Factors to 2015 Results

    Contributing Factors to 2015 Results At recent rates, reported net sales down 5.5% to 6% Organic sales growth of 3.5% to 4% (adjusted for 2014 benefit from extra week of sales) Raised low end of range relative to previous estimate of 3% to 4%, reflecting strong first half results Loss of extra week

  8. Slide 8: Avery Dennison - Inspired Brands. Intelligent World.

    A AVERY Inspired Brands. DENNISON intelligent World” wademarts of Avery Dennison Corporation. All “Company nas and afer information

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