Avery Dennison: Repositioning as the Intelligence Layer for Physical Commerce

['As we enter FY25, Avery Dennison stands at an inflection point. With $8.86B in revenue and a high-value category mix of 45%, we are uniquely positioned to lead the transformation of physical commerce. Our vision is clear: Avery Dennison will become the intelligence layer that connects, analyzes, and unlocks value across every physical product, store, and supply chain. This shift moves us beyond labeling, establishing Avery as the trusted platform for product intelligence, compliance, and consumer engagement.', 'Our atma.io platform now tracks 28 billion items, enabling real-time insights and actionable intelligence for global leaders like Walmart, adidas, Gap/Athleta, and Burton Snowboards. By embedding intelligence into every product, we deliver measurable outcomes—lower working capital, improved margin control, and enhanced sustainability compliance. These capabilities are not just operational improvements; they are growth platforms that drive recurring digital revenue and expand our valuation from a packaging multiple to a platform multiple over the next 3–5 years.', "Avery Dennison is committed to category leadership in connected packaging, predictive inventory, and sustainability intelligence. Our platform approach empowers brands to own direct consumer data channels, monetize insights, and achieve regulatory compliance at scale. As we evolve into the 'Bloomberg for Physical Products,' we will be the demand-side intelligence partner for commerce, unlocking new value for shareholders, customers, and the communities we serve."]