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Avery Dennison Announces Third Quarter 2021 Results

Third quarter 2021 net sales increased 19.8% to $2.07 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avery Dennison Corporation announced preliminary, unaudited results for its third quarter ended October 2, 2021. Third quarter 2021 net sales increased 19.8% to $2.07 billion, with organic sales growth (non-GAAP) at 13.9%. “We delivered another strong quarter,” said Mitch Butier, chairman, president and CEO. “Both LGM and RBIS delivered impressive top and bottom-line growth, with continued momentum in Intelligent Labels. This strong performance comes during a challenging period given the ongoin...

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