Avery Dennison Reaffirms Long-Term Targets at Investor Day 2024

Avery Dennison Corporation (AVY) hosted its 2024 Investor Day on Wednesday. Let's discuss the key takeaways from the event. AVY’s shares gained 3.1% after the company stated that it is on track to meet its 2020-2025 long-term targets of more than 5% sales growth, adjusted EBITDA margin of more than 16% and around 10% adjusted EPS growth.Avery Dennison Adjusts Intelligent Labels’ OutlookAvery Dennison expects its Materials segment to be driven by several key factors. Attractive packaging will drive sales, wh ...