Net Sales Essentially Flat for Avery Dennison in 2019 Third Quarter
Avery Dennison’s net sales in the 2019 third quarter increased 0.1% to $1.76 billion; on an organic, non-GAAP basis, sales grew 2.1%.
Avery Dennison Corp. recently announced preliminary, unaudited results for its third quarter ended September 28, 2019. Net sales in the 2019 third quarter increased 0.1% to $1.76 billion; on an organic, non-GAAP basis, sales grew 2.1%.
“We continue to deliver solid profit growth despite soft market demand,” said Mitch Butier, chairman, president, and CEO. “Our focus in this slower growth environment has been to protect our margins in the base business, while driving faster-than-average growth in high value categories like RFID, and we’re executing well on both fronts.