Industry News, Printers News

Avery Dennison Announces 2Q 2014 Results

Net sales grew approximately 4 percent on reported and organic basis to $1.62 billion

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended June 28, 2014.   “Second quarter results were in line with our overall expectations for both sales and earnings,” said Dean Scarborough, Avery Dennison chairman, president and CEO. “Pressure-sensitive Materials delivered better-than-expected sales growth, driven by strong volume growth in Europe and the emerging markets. Adjusted operating margin was back above 10%, within our long-term target ran...

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