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: First Quarter Review
First Quarter Review Pension settlement charges drove a loss in reported income; reported EPS of ($1.74) Adj. EPS (non-GAAP) of $1.48, in line with our expectations Reported sales declined 2.0%, including negative 4.4% impact from currency translation Organic sales change (non-GAAP) of 2.4% Reported
Slide 4: Sales Trend Analysis
Sales Trend Analysis * Totals may not sum due to rounding. 4.8% 1.9% (2.0%) 6.1% 4.8% 2.4% 0.0% 0.0% 0.0% 6.1% 4.8% 2.4% (1.3%) (2.9%) (4.4%) 4.8% 1.9% (2.0%)
Slide 5: First Quarter Sales and Margin Analysis
First Quarter Sales and Margin Analysis 1Q19 Reported Ex. Currency Organic Sales Change: Label and Graphic Materials (3.3%) 1.4% 1.4% Retail Branding and Information Solutions 3.2% 7.0% 7.0% Industrial and Healthcare Materials (5.1%) (1.0%) (1.0%) Total Company (2.0%) 2.4% 2.4% Reported Adjusted (No
Slide 6: Label and Graphic Materials; Retail Branding and Information Solutions
LABEL AND GRAPHIC MATERIALS Reported sales of $1.2 bil., down 3.3% Sales up 1.4% on organic basis driven by prior year pricing actions; volume/mix down modestly Label and Packaging Materials up modestly on organic basis Combined Graphics and Reflective Solutions up low-single digits on organic basis
Slide 7: Industrial and Healthcare Materials
INDUSTRIAL AND HEALTHCARE MATERIALS Reported sales of $164 mil., down 5.1% Sales down 1.0% on organic basis Industrial categories down low-single digits on organic basis; up mid-single digits excluding products serving global automotive markets Healthcare categories up low-single digits on organic b
Slide 8: Adjusted EPS (non-GAAP) $6.45 – $6.70 Contributing Factors to 2019 Results
Adjusted EPS (non-GAAP) $6.45 – $6.70 Contributing Factors to 2019 Results $6.45 – $6.70 Previous Updated 2019 EPS Guidance Reported sales growth of ~1.0%, including ~2.5 pt headwind from currency translation at recent rates Organic sales change of ~3.5% (previously ~4%) Currency translation headwin
Slide 9: 2019 EPS Guidance
2019 EPS Guidance Previous Updated Reported EPS $2.70 - $2.95 $3.10 - $3.35 ‘Add Back: Est. pension settlement charges (largely in Q1) ~$3.55 ~$3.15 Est. restructuring charges and other items ~$0.20 ~$0.20 Adjusted EPS (non-GAAP) $6.45 - $6.70 $6.45 - $6.70 Contributing Factors to 2019 Results ‘© Re
Slide 10: Avery Dennison
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