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Avery Dennison Announces 1Q 2020 Results

Net sales declined 1% to $1.72 billion, with free cash flow strong across wide range of scenarios.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avery Dennison announced preliminary, unaudited results for its first quarter ended March 28, 2020. “The coronavirus is having a substantial impact on our teams, our markets and customers, our communities, and, of course, our shareholders,” said Mitch Butier, chairman, president and CEO. “The situation has been evolving in unpredictable ways, and the team is doing a tremendous job adapting to the new reality, anticipating and planning for various scenarios. “Our first priority in this crisis h...

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