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Avery Dennison Announces 3Q 2018 Results

Company reported 3Q18 net sales increased 4.8% to $1.76 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avery Dennison announced preliminary, unaudited results for its third quarter ended Sept. 29, 2018. Third quarter 2018 net sales increased 4.8% to $1.76 billion.   “We had another solid quarter, in line with our expectations, with strong top-line growth and adjusted EPS up 15%,” said Mitch Butier, president and CEO. “Label and Graphic Materials delivered strong sales growth, while its margin declined in the face of continued inflationary pressure; we expect a meaningful recovery in the fourth qu...

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