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Dec 28, 2019
Avery Dennison Q4 2019 Earnings Report
Avery Dennison reported strong adjusted earnings growth despite challenging market conditions and significant currency headwinds.
Key Takeaways
Avery Dennison announced its Q4 and full year 2019 results, highlighting strong adjusted earnings growth for the year despite challenging market conditions. The company is focused on protecting margins, driving growth in high-value categories like RFID, and executing productivity initiatives.
Delivered strong adjusted earnings growth in 2019 despite challenging market conditions.
Label and Graphic Materials saw solid volume improvement and expanded margins.
Retail Branding and Information Solutions delivered mid-teens profit growth.
Targeting continued progress toward 2021 goals with solid earnings growth expected in 2020.
Forward Guidance
Avery Dennison expects 2020 reported earnings per share of $6.75 to $7.00. Excluding an estimated $0.15 per share related to restructuring charges and other items, the company expects adjusted earnings per share of $6.90 to $7.15.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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