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Avery Dennison Announces 2Q 2020 Results

Net sales were $1.53 billion, down 14.9%, while reported operating margin declined 350 basis points to 8.1%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended June 27, 2020, and provided an update related to the impact of the COVID-19 pandemic on the company.   “The team has come together extraordinarily well in navigating what is proving to be one of the most challenging periods we have experienced as a company. The compounding effects of the health, economic and societal crises are having an unprecedented impact on our teams, our markets, and our com...

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