Avery Dennison (AVY) Tops Q4 EPS by 19c, FY21 EPS Guidance Beats

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Go back to Avery Dennison (AVY) Tops Q4 EPS by 19c, FY21 EPS Guidance Beats

Avery Dennison Announces Fourth Quarter and Full Year 2020 Results

February 3, 2021 6:45 AM EST

Highlights:

4Q20 Reported EPS of $2.28, up 19% Adjusted EPS (non-GAAP) of $2.27, up 31% 4Q20 Net sales increased 12.3% to $1.99 billion Sales change ex. currency (non-GAAP) of 5.2% Organic sales change (non-GAAP) of 3.2% FY20 Reported EPS of $6.61, up 85% Adjusted EPS of $7.10, up 8% FY20 Net sales declined 1.4% to $6.97 billion Sales change ex. currency of (1.7%) Organic sales change of (3.4%) Free Cash Flow of $548 million in 2020

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