Slide 1: Safe Harbor Statement
Safe Harbor Statement 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,
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. 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 c
Slide 3: Second Quarter Review
Second Quarter Review Reported EPS of $1.69; adj. EPS (non-GAAP) of $1.72, in line with our expectations Reported sales declined 3.2%, including a negative 4.7% impact from currency translation Organic sales change (non-GAAP) of 1.6%, as overall strength in high value categories was partially offset
Slide 4: Sales Trend Analysis
Sales Trend Analysis * Totals may not sum due to rounding. 2Q18 3Q18 4Q18 1Q19 2Q19 Reported Sales Change 14.0% 4.8% 1.9% (2.0%) (3.2%) Organic Sales Change 7.5% 6.1% 4.8% 2.4% 1.6% Acquisitions 2.5% 0.0% 0.0% 0.0% 0.0% Sales Change Ex. Currency* 10.0% 6.1% 4.8% 2.4% 1.6% Currency Translation 4.0% (
Slide 5: Second Quarter Sales and Margin Analysis
Second Quarter Sales and Margin Analysis 2Q19 Reported Ex. Currency Organic Sales Change: Label and Graphic Materials (4.1%) 0.9% 0.9% Retail Branding and Information Solutions 0.4% 4.4% 4.4% Industrial and Healthcare Materials (5.0%) (0.1%) (0.1%) Total Company (3.2%) 1.6% 1.6% Reported Adjusted (N
Slide 6: Label and Graphic Materials Second Quarter Segment Overview
LABEL AND GRAPHIC MATERIALS Reported sales of $1.21 bil., down 4.1% On organic basis, sales up 0.9%, as prior year pricing actions more than offset modest decline in volume High value categories up mid-single digits across the segment Label and Packaging Materials flat Combined Graphics and Reflecti
Slide 7: Retail Branding and Information Solutions; Industrial and Healthcare Materials
RETAIL BRANDING AND INFORMATION SOLUTIONS Reported sales of $418 mil., up 0.4% On organic basis, sales up 4.4% driven primarily by continued strength in RFID RFID solutions up more than 20% Reported operating margin increased 110 basis points to 12.0%, as productivity and higher volume more than off
Slide 8: 2019 EPS Guidance: Contributing Factors to 2019 Results
Adjusted EPS (non-GAAP) $6.50 – $6.65 Contributing Factors to 2019 Results $6.45 – $6.70 Previous Updated 2019 EPS Guidance Reported sales change of (0.5)% to 0% (previously ~1.0%) including ~2.5 point headwind from currency translation at recent rates Organic sales growth of 2.0% to 2.5% (previousl
Slide 9: 2019 EPS Guidance
2019 EPS Guidance Previous Updated Reported EPS $3.10 - $3.35 $3.15 - $3.30 Add Back: Est. pension settlement charges (largely in Q1) ~$3.15 ~$3.15 Est. restructuring charges and other items ~$0.20 ~$0.20 Adjusted EPS (non-GAAP) $6.45 - $6.70 $6.50 - $6.65 Contributing Factors to 2019 Results © Repo
Slide 10: Avery Dennison
A AVERY DENNISON