Avery Dennison Investor Presentation August 2014

Size: px
Start display at page:

Download "Avery Dennison Investor Presentation August 2014"

Transcription

1 Avery Dennison Investor Presentation August 2014 Unless otherwise indicated, the discussion of the company s results is focused on its continuing operations, and comparisons are to the same period in the prior year. 1 Avery Dennison Investor Presentation

2 Forward-Looking Statements Certain statements contained in this document are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of These forward-looking statements, and financial or other business targets, are subject to certain risks and uncertainties. Actual results and trends may differ materially from historical or anticipated results depending on a variety of factors, including but not limited to risks and uncertainties relating to the following: fluctuations in demand affecting sales to customers; the financial condition and inventory strategies of customers; changes in customer order patterns; worldwide and local economic conditions; fluctuations in cost and availability of raw materials; our ability to generate sustained productivity improvement; our ability to achieve and sustain targeted cost reductions; impact of competitive products and pricing; loss of significant contracts or customers; collection of receivables from customers; selling prices; business mix shift; changes in tax laws and regulations, and uncertainties associated with interpretations of such laws and regulations; outcome of tax audits; timely development and market acceptance of new products, including sustainable or sustainably-sourced products; investment in development activities and new production facilities; fluctuations in currency exchange rates and other risks associated with foreign operations; integration of acquisitions and completion of potential dispositions; amounts of future dividends and share repurchases; customer and supplier concentrations; successful implementation of new manufacturing technologies and installation of manufacturing equipment; disruptions in information technology systems; successful installation of new or upgraded information technology systems; data security breaches; volatility of financial markets; impairment of capitalized assets, including goodwill and other intangibles; credit risks; our ability to obtain adequate financing arrangements and maintain access to capital; fluctuations in interest and tax rates; fluctuations in pension, insurance, and employee benefit costs; impact of legal and regulatory proceedings, including with respect to environmental, health and safety; changes in governmental laws and regulations; changes in political conditions; impact of epidemiological events on the economy and our customers and suppliers; acts of war, terrorism, and natural disasters; and other factors. We believe that the most significant risk factors that could affect our financial performance in the near-term include: (1) the impact of economic conditions on underlying demand for our products; (2) competitors' actions, including pricing, expansion in key markets, and product offerings; and (3) the degree to which higher costs can be offset with productivity measures and/or passed on to customers through selling price increases, without a significant loss of volume. For a more detailed discussion of these and other factors, see Risk Factors and Management s Discussion and Analysis of Results of Operations and Financial Condition in our 2013 Form 10-K, filed on February 26, 2014 with the Securities and Exchange Commission and subsequent quarterly reports on Form 10-Q. The forward-looking statements included in this document are made only as of the date of this document, and we undertake no obligation to update these statements to reflect subsequent events or circumstances, other than as may be required by law. Use of Non-GAAP Financial Measures This presentation contains certain non-gaap financial measures as defined by SEC rules. As required by these rules, we have defined, qualified, and reconciled these non-gaap financial measures to the most directly comparable GAAP financial measures, in the Appendix of this document.

3 Overview > Sustainable competitive advantages in two core businesses» Global reach, scale» Product breadth, technical expertise, innovation» Service, quality 2013 Sales by Segment and End Market RBIS 26% > #1 share positions worldwide > Premium pricing and above industry margins PSM 73% Vancive Medical Technologies 1% > Targeting double-digit adjusted EPS CAGR through 2018 > Strong, consistent FCF with solid balance sheet enabling significant return of cash to shareholders Industrial / Durable 17% Logistics & Shipping 17% Medical / Healthcare 5% Retail Apparel 22% Non-durable Consumer Goods 39% 2013 Net Sales (as reported) = $6.1 billion 3 Avery Dennison Investor Presentation

4 2013 Sales by End Market Emerging Markets ~30% Other* 5% Latin Eastern America Europe & 8% MENA Western 8% Asia U.S. Europe (ex-japan) 25% 29% 14% Asia 30% * Canada, Australia, South Africa, and Japan Eastern U.S. Europe 37% & MENA 9% Latin America 7% Other* 5% Western Europe 23% 4 Avery Dennison Investor Presentation

5 Pressure-Sensitive Materials (PSM) > Leading manufacturer of self-adhesive film and paper label material > Packaged goods end markets:» Home & Personal Care» Food & Beverage» Pharmaceutical FINANCIAL SNAPSHOT 2013 Sales $4.5 bil. Organic Sales Growth 4.7% Adjusted Operating Margin* 10.2% > Variable information end markets:» Shipping Labels» Bar Codes > 10,000+ printing company customers serving packaged goods and logistics companies around the globe > Large and growing addressable markets» 38% of segment sales in emerging markets * Excluding restructuring charges and other items 5 Avery Dennison Investor Presentation

6 Pressure-Sensitive Materials (PSM) > Our products enable:» Increased shelf appeal of consumer packaged goods» Maximized design options for a wide range of containers» Printing with a broad range of inks, resolutions and finishing techniques» Label application at high speed» High-impact fleet and architecture branding» Bonding solutions (tapes) with greater functionality and/or lower total applied cost Rigid Film Squeezable Film Coated Paper Thermal Paper Graphics & Tapes 6 Avery Dennison Investor Presentation

7 Industry leader in expanding market > Unmatched scale and global footprint» 2.5 times larger than nearest competitor» Local manufacturing and distribution across the globe > Industry-leading service, quality, and technical expertise > Innovation leader in the space» Significant benefits from manufacturing adhesives > Unique commercial relationships and market insights 7 Avery Dennison Investor Presentation

8 Retail Branding & Information Solutions (RBIS) FINANCIAL SNAPSHOT > Global leader (>5x nearest competitor) in branding & information solutions for apparel industry» Branding solutions: graphic tags, packaging, labeling, embellishments» Information solutions: inventory tracking & routing, loss prevention, price management, brand protection 2013 Sales $1.6 bil. Organic Sales Growth 4.9% Adjusted Operating Margin* 6.3% * Excluding restructuring charges and other items 8 Avery Dennison Investor Presentation

9 Key Drivers of Value Creation Market Segment Leadership Share growth within key highvalue segments Accelerate RFID Adoption» Mid-term growth projection of 20%+» 3-yr CAGR ( ) ~40% Global Supply Chain Optimization Global leadership in integrated, end-to-end inventory & loss prevention solutions Faster, highly-flexible, capital efficient supply chain and manufacturing footprint Exterior Embellishment Share Gains Performance innovation & leading brand partnership 9 Avery Dennison Investor Presentation

10 Market Segment Strategy Segments RBIS Segment Share Projected Segment Unit CAGR * RBIS Segment Share * Key Growth Drivers Performance / Outdoor Athletic 2-4% Innovation Embellish/labels Global compliance & protection Sustainable solutions Innovation Premium Fashion 2-4% Creative packaging and labels Brand protection & consistency Global compliance Creativity Fast Fashion 2-4% Blended in-plant /Service Bureau Quick response products/solutions Global compliance/automation Speed Contemporary Fashion 1-3% Inventory visibility & accuracy Price management Global compliance/automation Simplification Value 0-2% Global Compliance Blended in-plant /Service Bureau Private brand development Cost * Internal assessment / plan 10 Avery Dennison Investor Presentation

11 Improving RBIS s Productivity / Asset Utilization Key Actions > Implemented hub and spoke structure > Plant closures > Sites repurposed to fast response units > Technology consolidations > Standardized org structures > Integrated supply chain > Lean manufacturing culture > Digital conversion» Increased digital printing capacity to 30%+ in 2013; ~60% increase since 2011» Targeting 50%+ digital printing capacity by 2015 ~1.4 mil Sq Ft Global Reduction 2009 o 58 Sites o 6.6 mil Sq Footage o 50 Mfg Sites 2013 o 48 Sites o 5.2 mil Sq Ft ( ~20%) o 39 Mfg / Fast Response Sites Sales per Sq Ft Reliability % $308 $ % $ % Avery Dennison Investor Presentation

12 Portfolio Overview Long-Term Targets ( ) 2013 SALES ORGANIC SALES GROWTH (5-YEAR CAGR) GAAP EBIT MARGIN ADJ.* EBIT MARGIN (BY 2018) PSM $4.5 bil. 4-5% 10-11% 10-11% RBIS $1.6 bil. 4-5% % 10-11% Vancive Medical Technologies $74 mil. 10%+ ~10% ~10% * Excluding restructuring charges and other items 12 Avery Dennison Investor Presentation

13 Targeting Continued Strong Progress Through 2018 Organic Sales Growth (CAGR (1) ) 4% 5% 2018 Operating Margin Adjusted (2) EPS Growth (CAGR (1) ) 2018 Return on Total Capital (ROTC) (3) Net Debt to EBITDA 9% 10% (up ~ 2 pts vs 2013 adj (2) ) 12% 15%+ 16%+ (up 4+ pts vs 2013) 1.7x to 2.0x (1) Reflects five-year compound annual growth rates, with 2013 as the base period (2) Excluding restructuring charges and other items (3) Net operating profit, excluding restructuring charges and other items, after taxes divided by average invested capital 13 Avery Dennison Investor Presentation

14 Capital discipline is a key contributor to value creation Fixed Asset (Net PP&E) Turnover (1) Operational Working Capital % of Sales (2) 15% 12% 9% 6% 3% 0% Net Debt / Adj. EBITDA (3) Long-Term Target (annual average) Impact of Discontinued Operations (1) WholeCo annual net sales divided by 2-point average consolidated net PP&E for years 2009 through 2012; 2013 reflects continuing operations for both sales and net PP&E (2) WholeCo operational working capital at year-end divided by annualized fourth quarter net sales for years 2009 through 2012; 2013 reflects continuing operations for both operational working capital and net sales (3) Net Debt / LTM WholeCo Adj. EBITDA, 4-qtr Avg.; adj. EBITDA excludes restructuring charges and other items 14 Avery Dennison Investor Presentation

15 5-Year Capital Deployment ($ in millions) Cumulative Capital Sources: Leverage Capacity (2013) ~ $350 Add'l Leverage Capacity (Organic EBITDA Growth) up to $700 Cash Flow from Ops before Restructuring $2,700 - $2,900 Available Capital $3,300 - $4,000 Capital Uses: % of Total Restructuring < $150 < 5% Capex ~ $1,000 25% - 30% Dividends ~ $750 ~ 20% Add'l Capital Available to Shareholders / M&A $1,400 - $2,000 ~ 50% Total Capital Available to Shareholders / M&A $2,150 - $2,750 ~ 70% 15 Avery Dennison Investor Presentation

16 2011 Avery Dennison Corporation. All rights reserved. Avery Dennison and all other Avery brands, product names and codes are trade marks of Avery Dennison Corporation. All other brands and product names are trademarks of their respective owners. Fortune 500 is a trademark of Time, Inc. Personal a nd company names and other information on samples depicted are fictitious. Any resemblance to actual names and addresses is purely coincidental. 16 Avery Dennison Investor Presentation

Avery Dennison Corporate Profile

Avery Dennison Corporate Profile Avery Dennison Corporate Profile Our Story Ray Stanton ( Stan ) Avery invented the world s first self-adhesive label as a way to merchandise objects. In 1935, he founded Avery Adhesives in downtown Los

More information

Morgan Stanley Conference. November 15, 2017

Morgan Stanley Conference. November 15, 2017 Morgan Stanley Conference November 15, 2017 1 Forward Looking Statements Certain statements in this release or presentation, other than purely historical information, including estimates, projections,

More information

Praxair, Inc. Kelcey E. Hoyt Director, Investor Relations. Wells Fargo Industrial & Construction Conference May 08, 2014

Praxair, Inc. Kelcey E. Hoyt Director, Investor Relations. Wells Fargo Industrial & Construction Conference May 08, 2014 Praxair, Inc. Kelcey E. Hoyt Director, Investor Relations Wells Fargo Industrial & Construction Conference May 08, 2014 Forward Looking Statement This document contains forward-looking statements within

More information

AVERY DENNISON TO ACQUIRE PAXAR FOR $1.3 BILLION OR $30.50 PER SHARE

AVERY DENNISON TO ACQUIRE PAXAR FOR $1.3 BILLION OR $30.50 PER SHARE News Release Contacts for Avery Dennison Corporation: Contacts for Paxar Corporation: Media Relations: Media: Laurence J. Dwyer David R. Reno / Brooke A. Morganstein (626) 304-2014 (212) 687-8080 communications@averydennison.com

More information

EnPro Industries Investor Presentation. Engineered Products for a Demanding and Safer World

EnPro Industries Investor Presentation. Engineered Products for a Demanding and Safer World EnPro Industries Investor Presentation Engineered Products for a Demanding and Safer World Q2 2018 1 Forward-Looking Statements Statements in presentation that express a belief, expectation or intention,

More information

EnPro Industries Investor Presentation. Engineered Products for a Demanding and Safer World

EnPro Industries Investor Presentation. Engineered Products for a Demanding and Safer World EnPro Industries Investor Presentation Engineered Products for a Demanding and Safer World Q1 2018 1 Forward-Looking Statements Statements in presentation that express a belief, expectation or intention,

More information

Presenter. Avery Dennison Corporation Date

Presenter. Avery Dennison Corporation Date Presenter Avery Dennison Corporation Date About Us R. Stanton Avery R. Stanton Avery invented the world s first self-adhesive label as a way to merchandise objects. He founded Avery Adhesives in downtown

More information

Precision Engineered Products Acquisition August 17, 2015

Precision Engineered Products Acquisition August 17, 2015 Precision Engineered Products Acquisition August 17, 2015 Forward-Looking Statements and Non-GAAP Financial Information Forward Looking Statements: With the exception of the historical information contained

More information

Credit Suisse 5 th Annual Industrials Conference. Jim Lico President & CEO

Credit Suisse 5 th Annual Industrials Conference. Jim Lico President & CEO Credit Suisse 5 th Annual Industrials Conference Jim Lico President & CEO FORWARD-LOOKING STATEMENTS & NON-GAAP FINANCIAL MEASURES Statements in this presentation that are not strictly historical, statements

More information

WILLIAM BLAIR GROWTH STOCK CONFERENCE. June 14, 2017

WILLIAM BLAIR GROWTH STOCK CONFERENCE. June 14, 2017 WILLIAM BLAIR GROWTH STOCK CONFERENCE June 14, 2017 Safe Harbor Statement Statements made in this presentation which are not statements of historical fact are forward-looking statements and are subject

More information

Praxair, Inc. Steve Angel Chairman, President and Chief Executive Officer. Goldman Sachs Basic Materials Conference May 22, 2013

Praxair, Inc. Steve Angel Chairman, President and Chief Executive Officer. Goldman Sachs Basic Materials Conference May 22, 2013 Praxair, Inc. Steve Angel Chairman, President and Chief Executive Officer Goldman Sachs Basic Materials Conference May 22, 2013 Forward Looking Statement This document contains forward-looking statements

More information

Fiscal 2018 Fourth Quarter Earnings Call April 10, 2019

Fiscal 2018 Fourth Quarter Earnings Call April 10, 2019 Fiscal 2018 Fourth Quarter Earnings Call April 10, 2019 Forward Looking Statements This presentation may contain forward-looking statements, including, but not limited to, anticipated net earnings per

More information

Avery Dennison Corporate Profile

Avery Dennison Corporate Profile Avery Dennison Corporate Profile Our Story Ray Stanton ( Stan ) Avery invented the world s first self-adhesive label as a way to merchandise objects. In 1935, he founded Avery Adhesives in downtown Los

More information

Praxair, Inc. Steve Angel Chairman, President and Chief Executive Officer. Goldman Sachs European Chemicals 2020 Vision Conference June 18, 2013

Praxair, Inc. Steve Angel Chairman, President and Chief Executive Officer. Goldman Sachs European Chemicals 2020 Vision Conference June 18, 2013 Praxair, Inc. Steve Angel Chairman, President and Chief Executive Officer Goldman Sachs European Chemicals 2020 Vision Conference June 18, 2013 Forward Looking Statement This document contains forward-looking

More information

FORWARD LOOKING STATEMENTS

FORWARD LOOKING STATEMENTS 1 FORWARD LOOKING STATEMENTS Certain statements included in this presentation are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are made based

More information

William Blair Growth Stock Conference. Jim Lico President & CEO

William Blair Growth Stock Conference. Jim Lico President & CEO William Blair Growth Stock Conference Jim Lico President & CEO FORWARD-LOOKING STATEMENTS & NON-GAAP FINANCIAL MEASURES Statements in this presentation that are not strictly historical, statements regarding

More information

EnPro Industries Investor Presentation. Engineered Products for a Demanding and Safer World

EnPro Industries Investor Presentation. Engineered Products for a Demanding and Safer World EnPro Industries Investor Presentation Engineered Products for a Demanding and Safer World Q3 2018 1 Forward-Looking Statements Statements in this presentation that express a belief, expectation or intention,

More information

WESCO International. Dave Schulz, Senior Vice President and Chief Financial Officer Raymond James 39 th Annual Investors Conference, March 7, 2018

WESCO International. Dave Schulz, Senior Vice President and Chief Financial Officer Raymond James 39 th Annual Investors Conference, March 7, 2018 WESCO International Dave Schulz, Senior Vice President and Chief Financial Officer 2 Safe Harbor Statement All statements made herein that are not historical facts should be considered as forward-looking

More information

Background Information. Updated May

Background Information. Updated May Background Information Updated May 2018 1 The TJX Companies Overview Only major international off-price apparel and home fashions retailer Over 4,000 retail locations across 9 countries on 3 continents

More information

THE GLOBAL HOUSE OF PRESTIGE BEAUTY FABRIZIO FREDA PRESIDENT AND CEO THE ESTÉE LAUDER COMPANIES ANNUAL STOCKHOLDERS MEETING

THE GLOBAL HOUSE OF PRESTIGE BEAUTY FABRIZIO FREDA PRESIDENT AND CEO THE ESTÉE LAUDER COMPANIES ANNUAL STOCKHOLDERS MEETING THE GLOBAL HOUSE OF PRESTIGE BEAUTY FABRIZIO FREDA PRESIDENT AND CEO THE ESTÉE LAUDER COMPANIES ANNUAL STOCKHOLDERS MEETING NOVEMBER 11, 2016 FORWARD-LOOKING INFORMATION THE FORWARD-LOOKING STATEMENTS

More information

21 st Annual Needham Growth Conference. January 15, 2019

21 st Annual Needham Growth Conference. January 15, 2019 21 st Annual Needham Growth Conference January 15, 2019 Forward-Looking Statements Certain statements in this communication may contain forward-looking statements within the meaning of the Private Securities

More information

Electrical Products Group Conference. Jim Lico President & CEO

Electrical Products Group Conference. Jim Lico President & CEO Electrical Products Group Conference Jim Lico President & CEO FORWARD-LOOKING STATEMENTS & NON-GAAP FINANCIAL MEASURES Statements in this presentation that are not strictly historical, statements regarding

More information

The Future of Consumer Health Care

The Future of Consumer Health Care The Future of Consumer Health Care Coming Together To Lead The Consumer Health Care Industry 2 Creating a New Business Model in Consumer Health Care 3 Serve More Consumers In More Parts of the World, More

More information

2014 First Quarter Business Review

2014 First Quarter Business Review 2014 First Quarter Business Review (unaudited) April 24, 2014 2014 First Quarter Business Review Forward Looking Statements This presentation contains forward-looking information about 3M's financial results

More information

AmerisourceBergen. J.P. Morgan Healthcare Conference. Steve Collis, Chairman, President & CEO Tim Guttman, EVP & CFO.

AmerisourceBergen. J.P. Morgan Healthcare Conference. Steve Collis, Chairman, President & CEO Tim Guttman, EVP & CFO. AmerisourceBergen J.P. Morgan Healthcare Conference Steve Collis, Chairman, President & CEO Tim Guttman, EVP & CFO January 10, 2017 Cautionary Note Regarding Forward-Looking Statements Certain of the statements

More information

FY2015 Third Quarter Earnings Call

FY2015 Third Quarter Earnings Call FY2015 Third Quarter Earnings Call MARCH 20, 2015 Forward-Looking Statement Forward-looking statements in this communication regarding our expected earnings performance and all other statements that are

More information

Rockwell Automation Company Overview August Copyright 2016 Rockwell Automation, Inc. All Rights Reserved.

Rockwell Automation Company Overview August Copyright 2016 Rockwell Automation, Inc. All Rights Reserved. Rockwell Automation Company Overview August 2016 Rev 5058-CO900E PUBLIC INFORMATION 2 Safe Harbor Statement This presentation includes statements related to the expected future results of the company and

More information

Investor Presentation May NASDAQ:FWRD

Investor Presentation May NASDAQ:FWRD Investor Presentation May 2018 NASDAQ:FWRD www.forwardaircorp.com Forward Looking Statements Disclosure Today s presentation and discussion will contain forward-looking statements within the meaning of

More information

Linde plc Investor Update

Linde plc Investor Update Linde plc Investor Update March 1 st 2019 Making our world more productive Forward Looking Statement Linde plc has not yet completed the preparation of its financial statements for the fiscal year ended

More information

Baird 2018 Global Industrial Conference. Jim Lico President & CEO

Baird 2018 Global Industrial Conference. Jim Lico President & CEO Baird 2018 Global Industrial Conference Jim Lico President & CEO FORWARD-LOOKING STATEMENTS & NON-GAAP FINANCIAL MEASURES Statements in this presentation that are not strictly historical, statements regarding

More information

CISCO SYSTEMS, INC. Q4 FY 2004 CONFERENCE CALL

CISCO SYSTEMS, INC. Q4 FY 2004 CONFERENCE CALL CISCO SYSTEMS, INC. Q4 FY 2004 CONFERENCE CALL August 10, 2004 2004, Cisco Systems, Inc. All rights reserved. 1 GAAP Reconciliation and Forward-Looking Statements GAAP RECONCILIATION During this presentation

More information

West Pharmaceutical Services, Inc. J.P. Morgan Healthcare Conference. Eric M. Green, President & CEO January 9, 2019

West Pharmaceutical Services, Inc. J.P. Morgan Healthcare Conference. Eric M. Green, President & CEO January 9, 2019 West Pharmaceutical Services, Inc. J.P. Morgan Healthcare Conference Eric M. Green, President & CEO January 9, 2019 Safe Harbor Statement Cautionary Statement Under the Private Securities Litigation Reform

More information

IBM REPORTS 2011 SECOND-QUARTER RESULTS

IBM REPORTS 2011 SECOND-QUARTER RESULTS IBM REPORTS 2011 SECOND-QUARTER RESULTS o Diluted EPS: - GAAP: $3.00, up 15 percent; - Operating (non-gaap): $3.09, up 18 percent; o Revenue: $26.7 billion, up 12 percent, up 5 percent adjusting for currency;

More information

INVESTOR MEETING / MARCH 9, 2010

INVESTOR MEETING / MARCH 9, 2010 INVESTOR MEETING / MARCH 9, 2010 1 Disclosure Regarding Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. All statements,

More information

Bemis Company, Inc. KeyBanc Capital Markets Basic Materials & Packaging Conference

Bemis Company, Inc. KeyBanc Capital Markets Basic Materials & Packaging Conference Bemis Company, Inc. KeyBanc Capital Markets Basic Materials & Packaging Conference September 14, 2011 Safe Harbor Statement This presentation includes forward-looking statements within the meaning of the

More information

CB&I Investor Presentation March 2017

CB&I Investor Presentation March 2017 A World of Solutions CB&I Investor Presentation March 2017 A Leading Provider of Technology and Infrastructure for the Energy Industry Safe Harbor Statement This presentation contains forward-looking statements

More information

ITT Inc. Connect & Control Technologies (CCT) Supplemental Financial Data 2016 & 2015

ITT Inc. Connect & Control Technologies (CCT) Supplemental Financial Data 2016 & 2015 ITT Inc. Connect & Control Technologies (CCT) Supplemental Financial Data 2016 & 2015 Key Performance Indicators & Non-GAAP Measures Management reviews a variety of key performance indicators including

More information

CISCO SYSTEMS, INC. Q4 FY 2005 CONFERENCE CALL

CISCO SYSTEMS, INC. Q4 FY 2005 CONFERENCE CALL CISCO SYSTEMS, INC. Q4 FY 2005 CONFERENCE CALL August 9, 2005 2005, Cisco Systems, Inc. All rights reserved. 1 GAAP Reconciliation and Forward-Looking Statements GAAP RECONCILIATION During this presentation

More information

VeriFone Files Restated Reports

VeriFone Files Restated Reports VeriFone Files Restated Reports SAN JOSE, Calif. -- August 19, 2008 --VeriFone Holdings Inc. (NYSE: PAY) today filed its amended and restated quarterly report on Form 10-Q/A for the fiscal quarters ended

More information

Investor Presentation

Investor Presentation Investor Presentation Forward Looking Statements Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

More information

Stericycle, Inc. Q NASDAQ: SRCL

Stericycle, Inc. Q NASDAQ: SRCL Stericycle, Inc. Q1 2015 NASDAQ: SRCL Forward - Looking Statements This presentation may contain forward-looking statements that involve a number of risks and uncertainties and our actual results could

More information

CHECKPOINT SYSTEMS, INC. INVESTOR PRESENTATION June 2013

CHECKPOINT SYSTEMS, INC. INVESTOR PRESENTATION June 2013 CHECKPOINT SYSTEMS, INC. INVESTOR PRESENTATION June 2013 Global Reach Powerful Partnerships FORWARD-LOOKING STATEMENT This presentation includes information that constitutes forward-looking statements.

More information

Investor Presentation. January 12, 2017

Investor Presentation. January 12, 2017 Investor Presentation January 12, 2017 SAFE HARBOR STATEMENT This presentation contains certain forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking

More information

Investor Presentation RBC Capital Markets Global Healthcare Conference February 22, 2017

Investor Presentation RBC Capital Markets Global Healthcare Conference February 22, 2017 Investor Presentation 2017 RBC Capital Markets Global Healthcare Conference February 22, 2017 Forward-Looking Statements This document may contain forward-looking statements within the meaning of the Private

More information

PerkinElmer Announces Financial Results for the First Quarter 2008

PerkinElmer Announces Financial Results for the First Quarter 2008 PerkinElmer Announces Financial Results for the First Quarter 2008 -- Revenue of $482 million, up 20% over the prior year -- EPS from continuing operations of $0.20; Adjusted EPS of $0.29, up 21% over

More information

May 24, 2011 New York, NY

May 24, 2011 New York, NY May 24, 2011 New York, NY Safe Harbor Statement The information provided in this presentation (both written and oral) relating to future events are subject to risks and uncertainties, such as competition;

More information

Logitech. July 24, 2013

Logitech. July 24, 2013 Logitech Q1 Fiscal Year 2014 July 24, 2013 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws, including, without limitation,

More information

Jefferies 2015 Global Healthcare Conference June 3, 2015

Jefferies 2015 Global Healthcare Conference June 3, 2015 Jefferies 2015 Global Healthcare Conference June 3, 2015 Forward-Looking Statements This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act

More information

Full year 2014 results

Full year 2014 results Listen-only live audio webcast available from www.gemalto.com/investors Full year 2014 results March 5, 2015 Olivier Piou, CEO Jacques Tierny, CFO Disclaimer This communication does not constitute an offer

More information

Fiscal 2014 Q3 Earnings. Mark Donegan Chairman & CEO January 23, 2014

Fiscal 2014 Q3 Earnings. Mark Donegan Chairman & CEO January 23, 2014 Fiscal 2014 Q3 Earnings Mark Donegan Chairman & CEO January 23, 2014 Forward-Looking Statements Information included within this presentation describing the projected growth and future results and events

More information

FORTUNE BRANDS HOME & SECURITY, INC. ADJUSTED PRO FORMA INFORMATION (In millions, except per share amounts) (Unaudited)

FORTUNE BRANDS HOME & SECURITY, INC. ADJUSTED PRO FORMA INFORMATION (In millions, except per share amounts) (Unaudited) ADJUSTED PRO FORMA INFORMATION (In millions, except per share amounts) Three Months Ended December 31, Year Ended December 31, 2011 2010 % Change 2011 2010 % Change Net Sales (GAAP) Kitchen & Bath Cabinetry

More information

Investor Presentation October NASDAQ:FWRD

Investor Presentation October NASDAQ:FWRD Investor Presentation October 2018 NASDAQ:FWRD www.forwardaircorp.com Forward Looking Statements Disclosure Today s presentation and discussion will contain forward-looking statements within the meaning

More information

Background Information. Updated June

Background Information. Updated June Background Information Updated June 2017 1 The TJX Companies Overview Only major international off-price apparel and home fashions retailer Over 3,800 retail locations across 9 countries on 3 continents

More information

Belden Leading the Way to an Interconnected World

Belden Leading the Way to an Interconnected World Belden Leading the Way to an Interconnected World August 2014 2014 Belden Inc. belden.com @BeldenInc. Safe Harbor Statement Our commentary and responses to your questions may contain forward-looking statements,

More information

Fresenius Investor News

Fresenius Investor News Analysts Meeting and Live video webcast today Fresenius Medical Care at 2.30 p.m. CET / 8.30 a.m. EDT Fresenius AG at 4.30 p.m. CET / 10.30 a.m. EDT health care worldwide May 4, 2005 Contact: Birgit Grund

More information

Mylan. Raymond James 40 th Annual Institutional Investors Conference March 05, 2019

Mylan. Raymond James 40 th Annual Institutional Investors Conference March 05, 2019 Mylan Raymond James 40 th Annual Institutional Investors Conference March 05, 2019 Forward-Looking Statements This presentation contains forward-looking statements. These statements are made pursuant to

More information

Taylor Acquisition Overview. May 18, 2018

Taylor Acquisition Overview. May 18, 2018 Taylor Acquisition Overview May 18, 2018 Forward Looking Statements Statements made in this presentation or otherwise attributable to the company regarding the company s business which are not historical

More information

Key Points for Today

Key Points for Today Carol Meyrowitz Chief Executive Officer TJX Investor Event October 26, 2011 Key Points for Today Marmaxx potential ~2,400 stores HomeGoods potential ~750 stores Positive trends in Europe Strong start for

More information

Health Care Worldwide. Crédit Suisse Global Credit Products Conference October 1, Barcelona

Health Care Worldwide. Crédit Suisse Global Credit Products Conference October 1, Barcelona Health Care Worldwide Crédit Suisse Global Credit Products Conference October 1, 2015 - Barcelona Safe Harbor Statement This presentation contains forward-looking statements that are subject to various

More information

Investor and Analyst Day

Investor and Analyst Day Investor and Analyst Day Ofer Lifshitz, SVP Global Processes May 19, 2015 Safe Harbor All statements in this communication, other than those relating to historical facts, are forward-looking statements

More information

Jefferies 2017 Global Healthcare Conference. June 7, 2017

Jefferies 2017 Global Healthcare Conference. June 7, 2017 Jefferies 2017 Global Healthcare Conference June 7, 2017 Forward-Looking Statements This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act

More information

Vishay Precision Group

Vishay Precision Group Vishay Precision Group August 2018 Safe Harbor Statement From time to time, information provided by us, including but not limited to statements in this report, or other statements made by or on our behalf,

More information

Brady Corporation F 17 Annual Shareholders Meeting

Brady Corporation F 17 Annual Shareholders Meeting Brady Corporation F 17 Annual Shareholders Meeting November 15, 2017 Forward-Looking Statements 2 In this presentation, statements that are not reported financial results or other historic information

More information

MORGAN STANLEY LAGUNA CONFERENCE Dan Comas September 15, 2016

MORGAN STANLEY LAGUNA CONFERENCE Dan Comas September 15, 2016 MORGAN STANLEY LAGUNA CONFERENCE Dan Comas September 15, 2016 Forward Looking Statements Statements in this presentation that are not strictly historical, including any statements regarding events or developments

More information

Sidoti & Company Spring 2018 Conference. Greg Woods, President and CEO David S. Smith, CFO March 29, 2018

Sidoti & Company Spring 2018 Conference. Greg Woods, President and CEO David S. Smith, CFO March 29, 2018 Sidoti & Company Spring 2018 Conference Greg Woods, President and CEO David S. Smith, CFO March 29, 2018 Forward-looking Statements Information included in this presentation may contain forward-looking

More information

2014 Preliminary Results & Strategy Review Update March 12, 2015

2014 Preliminary Results & Strategy Review Update March 12, 2015 2014 Preliminary Results & Strategy Review Update March 12, 2015 Agenda Highlights Richard Tyson, Chief Executive Officer Financial Review Mark Hoad, Chief Financial Officer Strategy Review - Update Richard

More information

M A Y MIFI NASDAQ

M A Y MIFI NASDAQ M A Y 2 0 1 6 MIFI NASDAQ Safe Harbor Statement - The following presentation contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these

More information

Trimble Inc. Berenberg Design Software Conference USA 2018 March 2018

Trimble Inc. Berenberg Design Software Conference USA 2018 March 2018 Trimble Inc. Berenberg Design Software Conference USA 2018 March 2018 Forward-looking statements Certain statements made in this presentation and any subsequent Q&A period are forward -looking statements,

More information

Safe Harbor Statement & Non-GAAP Information

Safe Harbor Statement & Non-GAAP Information 1 Safe Harbor Statement & Non-GAAP Information This presentation should be viewed in conjunction with PepsiCo s webcast presentation at the Consumer Analyst Group of New York Conference on February 20,

More information

IBM 4Q 2016 Earnings. January 19, ibm.com/investor

IBM 4Q 2016 Earnings. January 19, ibm.com/investor IBM 4Q 2016 Earnings January 19, 2017 ibm.com/investor Forward Looking Statements and Non-GAAP Information 2 Certain comments made in this presentation may be characterized as forward looking under the

More information

CommerceHub Investor Presentation

CommerceHub Investor Presentation CommerceHub Investor Presentation Winter 2017-2018 1 FORWARD-LOOKING INFORMATION This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act

More information

Fresenius Investor News

Fresenius Investor News health care worldwide October 31, 2006 Contact: Birgit Grund Fresenius AG Investor Relations Tel. ++49-6172 - 608 2485 Fax ++49-6172 - 608 2488 e-mail: ir-fre@fresenius.de Internet: www.fresenius-ag.com

More information

Deluxe Corporation. Overview, Strategy and Financial Information. Second Quarter 2013

Deluxe Corporation. Overview, Strategy and Financial Information. Second Quarter 2013 Deluxe Corporation Overview, Strategy and Financial Information Second Quarter 2013 Presentation Scope Comments are limited to information already publicly released: 10-K for 2012, filed February 22, 2013

More information

Investor Deck. May 2018

Investor Deck. May 2018 Investor Deck May 2018 1 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements

More information

Forward-Looking Statements. Strong Business Model and Strategy. Earnings per Share. Sales ($ Millions) Sustainable and Dependable Performance

Forward-Looking Statements. Strong Business Model and Strategy. Earnings per Share. Sales ($ Millions) Sustainable and Dependable Performance 2 Forward-Looking Statements This presentation contains, or incorporates by reference, forward-looking statements with projections concerning, among other things, the Company s strategy, and the Company

More information

General Employment Announces Results for Fiscal 2015 Fourth Quarter and Year End

General Employment Announces Results for Fiscal 2015 Fourth Quarter and Year End December 30, 2015 General Employment Announces Results for Fiscal 2015 Fourth Quarter and Year End Company Provides Combined Select Pro Forma Financial Information NAPERVILLE, IL -- (Marketwired) -- 12/30/15

More information

Financial Discussion. James Kavanaugh Senior Vice President and Chief Financial Officer IBM

Financial Discussion. James Kavanaugh Senior Vice President and Chief Financial Officer IBM Financial Discussion James Kavanaugh Senior Vice President and Chief Financial Officer IBM 1 IBM 2018 Investor Briefing Our differentiated value proposition is driven by innovative technology, industry

More information

UBS Best of Americas Conference

UBS Best of Americas Conference The world leader in serving science UBS Best of Americas Conference Marijn E. Dekkers President and Chief Executive Officer September 21, 2007 Safe Harbor / Non-GAAP Measures Various remarks that we may

More information

Unlocking Our Growth Opportunity

Unlocking Our Growth Opportunity Unlocking Our Growth Opportunity Thomas Seifert EVP and Chief Financial Officer Forward Looking Statements This presentation contains statements regarding our projected financial and business results,

More information

Fresenius Investor News

Fresenius Investor News health care worldwide August 3, 2006 Contact: Birgit Grund Fresenius AG Investor Relations Tel. ++49-6172 - 608 2485 Fax ++49-6172 - 608 2488 e-mail: ir-fre@fresenius.de Internet: www.fresenius-ag.com

More information

Praxair, Inc. Scott Telesz Senior Vice President

Praxair, Inc. Scott Telesz Senior Vice President Praxair, Inc. Scott Telesz Senior Vice President Making our planet more productive SM Credit Suisse Chemical & Ag Science Conference September 15, 2010 1 Forward Looking Statement This document contains

More information

Fortive s Digital Strategy Morgan Stanley Digital Day. Fortive Corporation

Fortive s Digital Strategy Morgan Stanley Digital Day. Fortive Corporation Fortive s Digital Strategy Morgan Stanley Digital Day Fortive Corporation 03.20.17 Forward-Looking Statements & Non-GAAP Financial Measures Statements in this presentation that are not strictly historical,

More information

Avnet Presentation Raymond James 38 th Annual Institutional Investors Conference

Avnet Presentation Raymond James 38 th Annual Institutional Investors Conference William Amelio, Chief Executive Officer Vincent Keenan, Senior VP of Investor Relations March 7, 2017 Avnet Presentation Raymond James 38 th Annual Institutional Investors Conference 1 Safe Harbor Statement

More information

Trimble Investor Presentation October 2017

Trimble Investor Presentation October 2017 Trimble Investor Presentation October 2017 Forward-looking statements Certain statements made in this presentation and any subsequent Q&A period are forward -looking statements, within the meaning of Section

More information

Health Care Worldwide. Bank of America, 2007 Health Care Conference, May 30, 2007

Health Care Worldwide. Bank of America, 2007 Health Care Conference, May 30, 2007 Health Care Worldwide Bank of America, 2007 Health Care Conference, May 30, 2007 1 Fresenius This presentation contains forward-looking statements that are subject to various risks and uncertainties. Future

More information

Cott Corporation Non Deal Roadshow Citi Boston September 12, 2018

Cott Corporation Non Deal Roadshow Citi Boston September 12, 2018 Cott Corporation Non Deal Roadshow Citi Boston September 12, 2018 Safe Harbor Statements Forward Looking Statements: This presentation contains forward-looking statements within the meaning of Section

More information

Focusing Our Portfolio & Utilizing Our Financial Strength

Focusing Our Portfolio & Utilizing Our Financial Strength Focusing Our Portfolio & Utilizing Our Financial Strength Bank of America Merrill Lynch 2017 Asia Pacific Telecom, Media & Technology Conference Ann Nicholson Division Vice President, Investor Relations

More information

CONFERENCE CALL 2015 RESULTS. Frankfurt stock exchange (DAX30): FRE US ADR program (OTC): FSNUY

CONFERENCE CALL 2015 RESULTS. Frankfurt stock exchange (DAX30): FRE US ADR program (OTC): FSNUY CONFERENCE CALL 205 RESULTS Frankfurt stock exchange (DAX30): FRE US ADR program (OTC): FSNUY www.fresenius.com/investors SAFE HARBOR STATEMENT This presentation contains forward-looking statements that

More information

UBS Paper and Packaging Conference Cape Town 27 September 2012

UBS Paper and Packaging Conference Cape Town 27 September 2012 UBS Paper and Packaging Conference Cape Town 27 September 2012 Forward looking statements Certain statements in this release that are neither reported financial results nor other historical information,

More information

Stephens Fall Investment Conference

Stephens Fall Investment Conference Stephens Fall Investment Conference November 8, 2017 Steven M. Klosk President & CEO Forward-Looking Statements This document may contain forward-looking statements within the meaning of the Private Securities

More information

Performance for the Second Quarter ended September 30, 2010

Performance for the Second Quarter ended September 30, 2010 Performance for the Second Quarter ended September 30, 2010 S. Gopalakrishnan Chief Executive Officer and Managing Director S. D. Shibulal Chief Operating Officer and Director Safe Harbour Certain statements

More information

March Company Description

March Company Description March 2013 Company Description Jones Lang LaSalle Global real estate services Strategic, fully integrated services for real estate owners, occupiers and investors Productivity and cost solutions for corporate

More information

2017 Overview. February 27, 2018

2017 Overview. February 27, 2018 2017 Overview February 27, 2018 Forward Looking Statement This presentation contains forward-looking statements that are subject to risks and uncertainties. Statements in this presentation that do not

More information

Teva Pharmaceutical Industries Ltd. J.P. Morgan Healthcare Conference. Kåre Schultz President and CEO January 7, 2019

Teva Pharmaceutical Industries Ltd. J.P. Morgan Healthcare Conference. Kåre Schultz President and CEO January 7, 2019 Teva Pharmaceutical Industries Ltd. J.P. Morgan Healthcare Conference Kåre Schultz President and CEO January 7, 2019 Cautionary Note Regarding Forward-Looking Statements 2 This presentation contains forward-looking

More information

Inge Thulin. Chairman of the Board, President and CEO. Bernstein Strategic Decisions Conference. June 1, 2017

Inge Thulin. Chairman of the Board, President and CEO. Bernstein Strategic Decisions Conference. June 1, 2017 Inge Thulin Chairman of the Board, President and CEO Bernstein Strategic Decisions Conference June 1, 2017 1 Forward looking statement This presentation contains forward-looking information about 3M's

More information

A Leading Global Health Care Group

A Leading Global Health Care Group A Leading Global Health Care Group Roadshow Copenhagen October 6, 2015 For detailed financial information please see our annual/quarterly reports and/or conference call materials on www.fresenius.com/ir.

More information

Investor Presentation. November 2016

Investor Presentation. November 2016 Investor Presentation November 2016 Safe Harbor Statement The statements in this presentation that relate to guidance, pro forma presentations, future plans, goals, business opportunities, events or performance

More information

Rockwell Automation Company Overview January 2017

Rockwell Automation Company Overview January 2017 Rockwell Automation Company Overview January 2017 2 Safe Harbor Statement This presentation includes statements related to the expected future results of the company and are therefore forward-looking statements.

More information

TENNANT COMPANY. BAIRD CONFERENCE November 7, Tom Paulson SVP and CFO REINVENTING HOW THE WORLD CLEANS

TENNANT COMPANY. BAIRD CONFERENCE November 7, Tom Paulson SVP and CFO REINVENTING HOW THE WORLD CLEANS BAIRD CONFERENCE November 7, 2018 Tom Paulson SVP and CFO REINVENTING HOW THE WORLD CLEANS 2 Safe Harbor Statement This presentation contains certain statements that are considered forward-looking statements

More information

Praxair, Inc. Scott Telesz Senior Vice President

Praxair, Inc. Scott Telesz Senior Vice President Praxair, Inc. Scott Telesz Senior Vice President Making our planet more productive SM KeyBanc Basic Materials and Packaging Conference September 14, 2010 1 Forward Looking Statement This document contains

More information