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Reports that 2Q22 net sales increased 11.7% to $2.3 billion, with organic sales growth (non-GAAP) of 11.3%.
July 29, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Avery Dennison announced preliminary, unaudited results for its second quarter ended July 2, 2022.The company reported that 2Q22 net sales increased 11.7% to $2.3 billion, with organic sales growth (non-GAAP) of 11.3%. “We once again delivered strong financial results amidst a dynamic environment, with earnings above expectations,” said Mitch Butier, Avery Dennison chairman and CEO. “LGM and RBIS delivered impressive earnings growth and momentum in Intelligent Labels is further accelerating. ...
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