Avery Dennison First Quarter Sales up 4%
Avery Dennison Corp. recently announced preliminary, unaudited first quarter 2013 results. First quarter 2013 net sales grew approximately 4%, totaling $1.50 billion. Pressure-Sensitive Materials segment sales increased approximately 3%.
“First quarter results were in line with our expectations,” said Dean Scarborough, chairman, president and CEO. “Double-digit sales growth in emerging markets at Pressure-Sensitive Materials and continued sales growth at Retail Branding and Information Solutions, combined with the benefits of our restructuring program, put us on track for a 22-40% increase in full-year adjusted earnings per share.”
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