Avery Dennison Third Quarter 2014 Results Meet Expectations
Avery Dennison Corp. recently announced preliminary, unaudited results for its third quarter ended September 27. Net sales for the quarter grew approximately 4% to $1.56 billion, and increased approximately 3% on an organic basis.
“Third quarter EPS was in line with our expectations, despite a modest decline in sales in Retail Branding and Information Solutions, and higher-than-expected transition costs associated with the consolidation of Pressure-Sensitive Materials operations in Europe,” said Dean A. Scarborough, chairman, president and CEO.