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AI English summary of an SEC filing — figures as filed

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Avery Dennison said net sales for fiscal 2024 were $8,755.7 million, up 4.7%, and adjusted earnings per share (non-GAAP) were $9.43, up 19%. Reported earnings per share were $8.73.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Avery Dennison said net sales for fiscal 2024 were $8,755.7 million, up 4.7%, and adjusted earnings per share (non-GAAP) were $9.43, up 19%. Reported earnings per share were $8.73.

  2. The company said net sales for Q4 2024 were $2,185.7 million, up 3.6%, and adjusted earnings per share (non-GAAP) were $2.38, up 10%. Reported net income was $174.0 million.

  3. Avery Dennison said operating cash flow for 2024 was $938.8 million and adjusted free cash flow (non-GAAP) was $699.5 million. The company returned $525 million to shareholders through dividends and share repurchases in the year.

  4. The company said it expects reported earnings per share for fiscal 2025 of $9.55 to $9.95. Excluding an estimated $0.25 per share impact of restructuring charges and other items, it expects adjusted earnings per share of $9.80 to $10.20.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Full-year net sales $8.8 billion, adjusted EPS $9.43

Avery Dennison said net sales for fiscal 2024 were $8,755.7 million, up 4.7%, and adjusted earnings per share (non-GAAP) were $9.43, up 19%. Reported earnings per share were $8.73.

Source · Based on the filing body and exhibits

Q4 net sales $2,185.7 million, adjusted EPS $2.38

The company said net sales for Q4 2024 were $2,185.7 million, up 3.6%, and adjusted earnings per share (non-GAAP) were $2.38, up 10%. Reported net income was $174.0 million.

Source · Based on the filing body and exhibits

Full-year operating cash flow and shareholder returns

Avery Dennison said operating cash flow for 2024 was $938.8 million and adjusted free cash flow (non-GAAP) was $699.5 million. The company returned $525 million to shareholders through dividends and share repurchases in the year.

Source · Based on the filing body and exhibits

Fiscal 2025 EPS guidance

The company said it expects reported earnings per share for fiscal 2025 of $9.55 to $9.95. Excluding an estimated $0.25 per share impact of restructuring charges and other items, it expects adjusted earnings per share of $9.80 to $10.20.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.