Industry News, Printers News

Avery Dennison Announces 1Q 2018 Results

Label and Graphic Materials reported a sales increase of 11.8%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avery Dennison Corporation has announced preliminary, unaudited results for its first quarter ended March 31, 2018.    “We are off to a good start to the year, with adjusted EPS up 30% driven by a combination of solid operating results, currency translation tailwinds, and a lower tax rate,” said Mitch Butier, president and CEO. “Label and Graphic Materials delivered solid organic growth and sustained its strong operating margin; Retail Branding and Information Solutions expanded its margin sig...

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