Flexible Electronics News

Avery Dennison Announces 4Q, Full Year 2019 Results

The company’s 4Q19 net sales increased 0.2% to $1.77 billion, with organic sales growth (non-GAAP) of 2.1%.

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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. 28, 2019. In the fourth quarter of 2019, Avery Dennison Reported EPS of $1.92 and adjusted EPS (non-GAAP) of $1.73. The company’s 4Q19 net sales increased by 0.2% to $1.77 billion, with organic sales growth (non-GAAP) of 2.1%. The Retail Branding and Information Solutions division reported sales increased by 3.6%; on an organic basis, sales grew 5.2%, driven by continued strength in RFID and exter...

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