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Company reports $6,086.5 million in sales for 2016, up 2%, with free cash flow of $387.1 million.
February 1, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Avery Dennison announced preliminary, unaudited results for its fourth quarter and year ended Dec. 31, 2016. Fourth quarter 2016 sales were $1.550.8 million, up 7% from 2015. For the full year, the company reported $6,086.5 million in revenue, up 2%, with free cash flow of $387.1 million. “I am pleased to report another year of progress toward our long-term goals,” said Mitch Butier, president and CEO. “We drove strong organic sales growth and margin expansion through our strategy to acc...
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