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FY21 net sales increased 20.6% to $8.4 billion, with organic sales growth (non-GAAP) of 15.6%.
February 3, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Avery Dennison announced preliminary, unaudited results for its fourth quarter and full year ended Jan. 1, 2022. Avery Dennison’s FY21 net sales increased 20.6% to $8.4 billion, with organic sales growth (non-GAAP) of 15.6%. 4Q21 net sales increased 9.7% to $2.2 billion, with organic sales growth (non-GAAP) of 12.8%. “2021 marked the company’s tenth consecutive year of strong top- and bottom-line growth,” said Mitch Butier, chairman, president and CEO. “We delivered 19% revenue growt...
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