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Avery Dennison Corp Earnings Release 2003

Jul 22, 2003

30491_rns_2003-07-22_3a12ae3b-1f88-40bc-a5b0-11d5d66558d1.zip

Earnings Release

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8-K 1 d8k.htm FORM 8-K Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

July 22, 2003

Date of Report

Commission File Number – 1-7685

AVERY DENNISON CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 95-1492269
(State or other jurisdiction of incorporation) (IRS Employer Identification No.)

150 North Orange Grove Boulevard

Pasadena, California 91103

(Address of principal executive offices)

(626) 304-2000

(Registrant’s Telephone Number)

ITEM 7. Financial Statements and Exhibits.

(c) Exhibits

On July 22, 2003, Avery Dennison Corporation issued a news release announcing its earnings for the quarter ending June 28, 2003, as set forth in Exhibit 99.1.

ITEM 9. Regulation FD Disclosure.

(Item 12. Results of Operations and Financial Condition)

Avery Dennison Corporation’s earnings release dated July 22, 2003, regarding its second quarter 2003 financial results is attached hereto as Exhibit 99.1. This information is being furnished under Item 12 of Form 8-K and is being presented under Item 9 in accordance with the Securities and Exchange Commission’s interim guidance regarding Form 8-K Item 12 filing requirements, as set forth in Release No. 33-8216. Additionally, the Company will discuss its second quarter results during a webcast and conference call today at 2:00 p.m. (EDT). To access our webcast and conference call, please go to our website at http://www.investors.averydennison.com.

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this report on Form 8-K and exhibit 99.1 are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties. Actual results and trends may differ materially from historical or expected results depending on a variety of factors, including but not limited to price and availability of raw materials; foreign exchange rates; worldwide and local economic conditions; selling prices; impact of legal proceedings, including the U.S. Department of Justice criminal investigation into competitive practices in the label stock industry and any related proceedings pertaining to the subject matter; impact of Severe Acute Respiratory Syndrome (SARS) on the economy, the Company’s customers and business; successful integration of acquired companies, financial condition and inventory strategies of customers; acceptance of new products; fluctuations in demand affecting sales to customers; and other matters referred to in the Company’s SEC filings.

For a more detailed discussion of these and other factors, see the Exhibit 99 “Cautionary Statement For Purposes Of The Safe Harbor Provisions Of The Private Securities Litigation Reform Act Of 1995” in the Company’s Form 10-K, filed on March 28, 2003. The forward-looking statements included in this Form 8-K are made only as of the date of this Form 8-K and the Company undertakes no obligation to update the forward-looking statements to reflect subsequent events or circumstances.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 22, 2003

A VERY D ENNISON C ORPORATION
By: / s / D ANIEL R.
O’B RYANT
Name: Title: Daniel R. O’Bryant Senior Vice President, Finance and Chief Financial
Officer

EXHIBIT LIST

Exhibit No. Description
99.1 News release dated July 22, 2003.