Avery Dennison Corp 2024 IR

The report summarizes Avery Dennison's strategic, financial, and sustainability performance for the fiscal year ending December 28, 2024. The company achieved strong top- and bottom-line growth, with net sales reaching $8.8 billion and adjusted EPS increasing by 19.4%. Key highlights include the recovery of base businesses from inventory destocking, significant growth in high-value categories like Intelligent Labels, and the delivery of approximately $63 million in restructuring savings. On the sustainability front, the company largely achieved its 2025 goals, including a 54% cumulative reduction in Scope 1 and 2 greenhouse gas emissions since 2015. Additionally, the company advanced its 2030 objectives by shifting to a materials-based Scope 3 measurement methodology and earning a platinum rating from EcoVadis.

Company: Avery Dennison Corp

Sector: Materials

Country: United States

Year: 2024

Type: IR

Pages: 244

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Avery Dennison Corp

Avery Dennison Corp 2024 Integrated Report

Integrated Report

The report summarizes Avery Dennison's strategic, financial, and sustainability performance for the fiscal year ending December 28, 2024. The company achieved strong top- and bottom-line growth, with net sales reaching $8.8 billion and adjusted EPS increasing by 19.4%. Key highlights include the recovery of base businesses from inventory destocking, significant growth in high-value categories like Intelligent Labels, and the delivery of approximately $63 million in restructuring savings. On the sustainability front, the company largely achieved its 2025 goals, including a 54% cumulative reduction in Scope 1 and 2 greenhouse gas emissions since 2015. Additionally, the company advanced its 2030 objectives by shifting to a materials-based Scope 3 measurement methodology and earning a platinum rating from EcoVadis.

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Document Details

Report Year

2024

Reporting Period

Dec 31, 2023 - Dec 28, 2024

Fiscal Year

2024

Published

Mar 7, 2025

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Women in Management

Net Zero Target

Employees