Avery Dennison Corporation announced preliminary, unaudited results for its 1Q ended April 1, 2017. Avery Dennison reports 1Q net sales of $1.57 billion
“We are off to a strong start to the year, with solid top-line performance and double-digit earnings growth,” said Mitch Butier, Avery Dennison President and CEO. “Label and Graphic Materials delivered another strong quarter; Retail Branding and Information Solutions continues to drive volume growth and improved profitability; and, within Industrial and Healthcare Materials, solid growth in industrial categories mostly offset the anticipated decline in healthcare.
“Our consistent achievement of our financial targets, reflected in another consecutive quarter of strong earnings growth and increase to our guidance for the full year, reflects the resilience of our market positions, depth of talent in the company, and strategic foundations we’ve laid,” Butier added.
Avery Dennison is a global leader in pressure-sensitive label and functional materials and labeling solutions for apparel.
