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FY15 net sales declined approximately 6% to $5.97 billion, net sales up approximately 5% on organic basis.
February 3, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Avery Dennison announced preliminary, unaudited results for its fourth quarter and year ended Jan. 2, 2016. Fiscal year 2015 net sales declined approximately 6% to $5.97 billion, with net sales up approximately 5% on organic basis. Fourth quarter 2015 net sales declined approximately 9% to $1.45 billion, reflecting currency translation and extra week in the prior period. Net sales increased approximately 7% on organic basis. Avery Dennison said its FY15 reported EPS was $2.95, and adjusted...
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