Latest news with #AveryDennisonCorporation
Fashion Value Chain
03-05-2025
- Business
- Fashion Value Chain
Avery Dennison Launches RFID Plant in India with AD Cobra
Avery Dennison Corporation has launched its first RFID inlay and label production facility in Pune, India, marking a major milestone under the 'Make in India' initiative. This move makes Avery Dennison the first ARC-certified manufacturer of RFID inlays in the country, deepening its investment in South Asia's RFID ecosystem. The plant opened officially on 23 April 2025 and introduced the AD Cobra inlay, a solution custom-developed to address India's unique environmental and operational requirements. This innovation aims to accelerate RFID adoption by offering better adaptability and integration for local businesses. Saurabh Agarwal, Vice President and GM, South Asia, highlighted that local production will allow the company to reduce lead times, respond swiftly to market needs, and better serve Indian clients across multiple sectors. Kelvin Tan, Director, APAC Intelligent Labels, emphasised that India's growing RFID market calls for regional innovation and localised solutions. The facility supports Avery Dennison's broad RFID technology portfolio, spanning UHF, HF, and NFC — used in apparel, FMCG, pharmaceuticals, retail, and logistics. RFID enhances inventory accuracy, streamlines supply chains, enables product authentication, and combats counterfeiting, all while improving consumer experiences and boosting brand loyalty.
Fibre2Fashion
26-04-2025
- Business
- Fibre2Fashion
US' Avery Dennison Q1 sales flat, organic growth at 2.3%
American manufacturer of adhesive materials Avery Dennison Corporation has reported total net sales of $2.1 billion in the first quarter (Q1) of 2025 ended March 29, reflecting a marginal decline of 0.1 per cent year-over-year (YoY). On a constant currency and organic basis, sales increased by 2.3 per cent. The company reported earnings per share (EPS) of $2.09, with adjusted EPS at $2.30, up 0.4 per cent and approximately 4 per cent excluding currency impacts in Q1 2025. Avery Dennison has reported net sales of $2.1 billion in Q1 2025, down 0.1 per cent YoY but up 2.3 per cent organically. Adjusted EPS rose 0.4 per cent to $2.30. Materials and Solutions segments delivered strong margins despite cost pressures. The company expects Q2 reported EPS of $2.25â€'$2.45. CEO Deon Stander highlighted the team's agility and resilience amid ongoing market uncertainty. Segment-wise, the Materials Group posted sales of $1.5 billion, down 1.1 per cent YoY but up 1.2 per cent organically. The Solutions Group recorded $668.2 million in sales, a 2.0 per cent YoY increase and a 4.9 per cent rise on an organic and constant currency basis. Materials segment's operating margin stood at 15.3 per cent, while the adjusted operating margin was 15.6 per cent, down 50 basis points (bps). The adjusted EBITDA margin was 17.7 per cent, down 60 bps, as productivity gains and higher volumes were offset by pricing and raw material costs. Despite these pressures, margins remained strong, in line with expectations, and improved by 70 bps sequentially. Solutions segment reported an operating margin of 8.7 per cent and an adjusted operating margin of 10.2 per cent, up 90 bps. Adjusted EBITDA margin improved to 17.2 per cent, up 110 bps YoY, driven by productivity gains and higher volume, partially offset by growth investments. In its supplemental presentation 'First Quarter 2025 Financial Review and Analysis,' Avery outlined key factors influencing its outlook and expects reported EPS for the second quarter of 2025 to be between $2.25 and $2.45. Excluding an estimated impact of approximately $0.05 per share from restructuring charges and other items, adjusted EPS is projected to range from $2.30 to $2.50. 'We delivered a strong first quarter, in-line with expectations, both our Materials and Solutions Groups achieved strong results in a dynamic environment. We have a proven track record of delivering strong results across cycles, due to the strength of our overall franchise,' said Deon Stander, president and chief executive officer (CEO) . 'While uncertainty is elevated, we are prepared for multiple scenarios as we progress through the year. Once again, I want to thank our agile, engaged and talented team for their focus on excellence and commitment to addressing challenges at hand.' Fibre2Fashion News Desk (SG)
Business Wire
24-04-2025
- Business
- Business Wire
Avery Dennison Increases Quarterly Dividend
MENTOR, Ohio--(BUSINESS WIRE)-- Avery Dennison Corporation (NYSE:AVY) today announced that its Board of Directors has increased the company's quarterly dividend. The board declared a quarterly dividend of $0.94 per share, representing an increase of approximately 7% over the previous dividend rate. The dividend for the second quarter is payable on June 18, 2025 to shareholders of record as of June 4, 2025. About Avery Dennison Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at
Yahoo
18-04-2025
- Business
- Yahoo
Avery Dennison Corporation (NYSE:AVY): A Compounder Facing Minor Hiccups
We came across a bullish thesis on Avery Dennison Corporation (NYSE:AVY) on ValueInvestorsClub by jso1123. In this article, we will summarize the bulls' thesis on AVY. The company's shares were trading at $183.00 when this thesis was published, vs. the closing price of $170.85 on Apr 17. A closeup of an employee's hands attaching a barcode label to a shipping box. AVY is a materials science and digital identification solutions company that provides pressure-sensitive label materials, performance tape products and other pressure-sensitive adhesive-based materials. AVY commands a 40% market share of pressure-sensitive label stock, a market where the top four players capture 80% of the market. On the other hand, its customers are highly fragmented with the top 20 players accounting for 20-30% of the market. Such dynamics allow AVY to dictate pricing and ensure AVY offers a high ROIC with low volatility. The RFID market is also largely untapped with only the apparel segment having a 40% penetration. Overall, the reach is only 5% and is expected to witness a volume growth of 20-25% and revenue growth of 15-20% due to deflationary pricing in chips. Partners like Walmart are looking to deploy RFID in ten categories of its products that would cover 50% of its floor space. Other major brands like Amazon, UPS, GAP and Uniqlo are also building the use case for RFID. Another driver for RFID is the mandate for European Digital Product Passport (DPP) which requires a digital record of information about the product. The transition of barcode standards from 1D to 2D barcodes should also ramp up the demand for RFID as a handier alternative. The demand for apparel, a segment driving 65-70% of AVY's revenue, is set to improve after a 25% drop in demand at the end of 2023. The three quarters of 2024 have been better and should ensure decent growth for AVY. The stock is trading at a level close to what it was three years ago and is down 22% in the last six months. AVY has historically traded at multiples close to the SPX but is currently at 0.7x. With the RFID segment re-accelerating in 2025, AVY can generate an EPS of $14-15 in 2027. Using a conservative multiple of 19x, the fair value should be in the range of $266-285. A lower estimate should offer a 56% gain from its current level. While we acknowledge the potential of AVY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AVY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
03-04-2025
- Business
- Yahoo
Avery Dennison to Webcast First Quarter 2025 Earnings Conference Call
MENTOR, Ohio, April 03, 2025--(BUSINESS WIRE)--Avery Dennison Corporation (NYSE: AVY), a leading global materials science and digital identification solutions company, today announced it will host its first quarter 2025 earnings conference call at 11:00 a.m. ET on Wednesday, April 23, 2025. The company's first quarter release will be issued that morning at approximately 6:45 a.m. ET. The event will be webcast live, and the replay will be available on Avery Dennison's Investor Relations website ( About Avery Dennison Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at View source version on Contacts John EbleVice President, Finance and Investor Relationsinvestorcom@ Holly BillikCorporate Communications and Media Sign in to access your portfolio
