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First quarter net sales were $2.2 billion, up 4%.
April 30, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Avery Dennison announced preliminary, unaudited results for its first quarter ended March 30, 2024. First quarter net sales were $2.2 billion, up 4%. Organic sales change (non-GAAP) were up 3%. “We are off to a strong start to the year. In the first quarter we delivered significant earnings growth, driven by higher volume and productivity gains,” said Deon Stander, president and CEO. “Materials Group delivered significant volume growth and margin expansion, as downstream inventory destocki...
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