Avery Dennison Corporation (AVY) Presents at Jefferies Mining and Industrials Conference

John Dunigan
Equity Associate

All right. Well, thank you all very much for attending today. Last meeting of the day, so I appreciate you being here. We are lucky to have Deon Stander. Stander come with us from Avery Dennison, CEO and President. He’s going to start off with a few minutes of slides and commentary to update us on the business. And then I will kick it off with some questions, but if anybody in the audience has anything that they would like to ask, please feel free to raise your hand, and I’ll get you a mic. I appreciate it. Deon, over to you.

Deon Stander
President, CEO & Director

Thanks, John. Thank you, everybody, for being here. Looking forward to the session with everybody. Let me just give you a quick overview of our business for those of you who may not be completely familiar, and I’ll spend maybe 5 or so minutes then we get to Q&A really. So Avery Dennison is an $8.8 billion business. And what we do is material science and digital identification. Those are the 2 focus areas for our business overall. The whole thrust of our business is really focused on how we help customers solve branding and information challenges they have, largely anchored in solving problems around supply chain efficiency and waste, connecting brands and consumer circularity and where necessary, optimizing labor as well.

Our 2 largest businesses are our materials business and our Solutions business. Materials is about 70% of our portfolio, and our solutions business is about 30% of the business overall. When you step back, you