Avery Dennison Corp (NYSE:AVY)
$ 205.15 0.53 (0.26%) Market Cap: 16.48 Bil Enterprise Value: 19.43 Bil PE Ratio: 24.63 PB Ratio: 6.89 GF Score: 90/100

Avery Dennison Corp Fireside Chat Hosted by Bank of America Transcript

Dec 08, 2022 / 04:00PM GMT
Release Date Price: $179.22 (-6.54%)
George Leon Staphos
BofA Securities, Research Division - MD and Co-Sector Head in Equity Research

Morning, everybody. I'm George Staphos BofA Analyst for North America Paper/Forest and Packaging. Sorry for the technical difficulties early on in the delay, but we are incredibly pleased to be hosting Mitch Butier, Chairman and Chief Executive Officer for Avery Dennison Corporation, a company I've covered for the last 25 years.

Mitch was elected to be Chief Executive Officer effective May 1, 2016, after serving as Chief Operating Officer in 2014. And prior to that, he was CFO. Mitch joined Avery in 2020. Mitch, thanks for waiting with us here and good morning. Very, very happy that you're here.

We're going to open up with some near-term discussion, pivot to 2023 and then time allow and hit some other questions in the 30 minutes on this call. So again, Mitch, good morning.

You have provided some guidance in November with your earnings call and then at (inaudible) Industry Conference calling out some of the headwinds near term and in the high end of your guidance. Can you give us

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