| Stage | POOL | % of rev | AVY | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.5B | 100.00% | $2.5B | 100.00% | AVY ×1.64 |
| Gross profit | $436M | 28.99% | $729M | 29.62% | AVY +0.6pp |
| Operating income | $172M | 11.44% | $335M | 13.59% | AVY +2.1pp |
| Pre-tax income | $160M | 10.66% | $283M | 11.48% | AVY +0.8pp |
| Net income | $123M | 8.18% | $204M | 8.29% | AVY +0.1pp |
| Stage | POOL | AVY | Gap · A − B |
|---|---|---|---|
| Revenue | $1.5B100.00% | $2.5B100.00% | AVY ×1.64 |
| Gross profit | 28.99%$436M | 29.62%$729M | AVY +0.6pp |
| Operating income | 11.44%$172M | 13.59%$335M | AVY +2.1pp |
| Pre-tax income | 10.66%$160M | 11.48%$283M | AVY +0.8pp |
| Net income |
| 8.18%$123M |
| 8.29%$204M |
| AVY +0.1pp |
No disclosed counterparties: AVY.
None