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AVY - Avery Dennison News Story

$219.06 -1.4  -0.6%

Last Trade - 14/05/21

Sector
Basic Materials
Size
Large Cap
Market Cap £12.90bn
Enterprise Value £14.19bn
Revenue £5.18bn
Position in Universe 626th / 6846

BRIEF-Avery Dennison Reports Q4 Adjusted Earnings Per Share $1.52

Wed 30th January, 2019 11:57am
Jan 30 (Reuters) - Avery Dennison Corp  AVY.N :
    * AVERY DENNISON ANNOUNCES FOURTH QUARTER AND FULL YEAR 2018
RESULTS
    * Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.52
    * Q4 SALES $1.77 BILLION VERSUS REFINITIV IBES ESTIMATE OF
$1.79
BILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $1.50 -- REFINITIV IBES
DATA
    * SEES FY 2019 EARNINGS PER SHARE $2.70 TO $2.95
    * Q4 EARNINGS PER SHARE $1.11
    * QTRLY ORGANIC SALES CHANGE (NON-GAAP) OF 4.8%
    * AVERY DENNISON - SEES 2019 ADJUSTED EPS OF $6.45 TO $6.70
    * AVERY DENNISON - ANTICIPATES COMPLETION OF U.S. PENSION
PLAN
TERMINATION WILL REDUCE REPORTED EPS BY ABOUT $3.55 DURING Q1
    * FY2019 EARNINGS PER SHARE VIEW $6.60 -- REFINITIV IBES
DATA
    * ANTICIPATES IT WILL CONTRIBUTE ADDITIONAL $50 TO 60
MILLION
DURING 2019, TO FULLY FUND PENSION PLAN & COMPLETE TRANSACTION

Source text for Eikon:  ID:nBw5dKvQQa 
Further company coverage:  AVY.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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