Avery Dennison Announces Fourth Quarter and Full Year 2018 Results

Dateline City:

GLENDALE, Calif.

4Q18 Reported EPS of $1.11, incl. pension settlement charges

Adjusted EPS (non-GAAP) of $1.52

4Q18 Net sales increased 1.9% to $1.77 billion

Organic sales change (non-GAAP) of 4.8%

FY18 Reported EPS of $5.28, incl. pension settlement charges

Adjusted EPS of $6.06

FY18 Net sales increased 8.2% to $7.16 billion

Sales change ex. currency of 6.9%
Organic sales change of 5.5%

Returned $568 mil. to shareholders via share repurchase and dividends in 2018
Expect FY19 Reported EPS of $2.70 to $2.95, incl. pension settlement charge

Adjusted EPS of $6.45 to $6.70

GLENDALE, Calif.–(BUSINESS WIRE)–Avery Dennison Corporation (NYSE:AVY) today announced preliminary,
unaudited results for its fourth quarter and year ended December 29,
2018.
Language:

English

Contact:

Media Relations: Rob Six, (626) 304-2361 [email protected] Investor Relations: Cindy Guenther, (626) 304-2204 [email protected]

Ticker Slug:

Ticker: AVY Exchange: NYSE

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