Flexible Electronics News

Avery Dennison Announces 3Q 2015 Results

3Q15 net sales declined approximately 6% to $1.47 billion, up approximately 5% on organic basis.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avery Dennison announced preliminary, unaudited results for its third quarter ended Oct. 3, 2015 3Q15 Net sales declined approximately 6% to $1.47 billion, up approximately 5% on organic basis. The company also reported 3Q15 adjusted EPS of $0.87.   “I’m happy to report another strong quarter, keeping us on track to achieve our financial targets for the year,” said Dean Scarborough, Avery Dennison chairman and CEO. “Sales growth for both of our core businesses was within our long-term target r...

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