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Avery Dennison Announces 4Q, Full Year 2017 Results

FY17 net sales increased 8.7% to $6.61 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avery Dennison announced preliminary, unaudited results for its fourth quarter and year ended Dec. 30, 2017.   Fourth quarter net sales increased 11.9% to $1.74 billion, with sales change increase excluding currency (non-GAAP) of 9.1%, and organic sales change (non-GAAP) of 4.7%. Reported EPS was ($0.66), with adjusted EPS (non-GAAP) of $1.33.   Full year 2017 net sales increased 8.7% to $6.61 billion, with organic sales change of 4.2%. Full year 2017 reported EPS was $3.13, with adjusted EP...

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