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Third quarter 2017 net sales increased 11.3% to $1.68 billion, with organic sales growth (non-GAAP) of 5.3%.
October 26, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Avery Dennison Corporation announced preliminary, unaudited results for its third quarter ended Sept. 30, 2017. Third quarter 2017 net sales increased 11.3% to $1.68 billion, with organic sales growth (non-GAAP) of 5.3%. The company reported EPS of $1.20 in the third quarter of 2017, with adjusted EPS (non-GAAP) of $1.26 “We delivered a strong quarter, with earnings above our expectations,” said Mitch Butier, Avery Dennison president and CEO. “LGM’s (Label and Graphic Materials) organic grow...
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