Avery Dennison (AVY) Tops Q1 EPS by 12c; Boosts FY15 adj.-EPS Outlook
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Avery Dennison Names Georges Gravanis President, Materials Group
April 29, 2015 8:32 AM EDTGLENDALE, Calif.--(BUSINESS WIRE)-- Avery Dennison Corporation (NYSE: AVY) today announced that its Board of Directors has elected Georges Gravanis as the Companys president, Materials Group, effective May 1, 2015. The duties were previously handled on an interim basis by Mitch Butier, president and chief operating officer.
Georges is a seasoned international business leader with a tremendous track record for delivering results in both mature and emerging markets, said Butier. Under his leadership, the Materials Group Asia Pacific team has achieved strong growth by executing our strategies to deliver superior service, quality and... More
Avery Dennison Announces First Quarter 2015 Results
April 29, 2015 8:30 AM EDT1Q15 Reported EPS of $0.77 Adjusted EPS (non-GAAP) of $0.81 1Q15 Net sales declined approximately 1 percent to $1.53 billion Net sales up approximately 3 percent on organic basis Returned $66 million to shareholders via share repurchases and dividends Updated FY15 Reported EPS guidance to $2.85 to $3.05, reflecting higher anticipated restructuring charges and 1Q outperformance vs. Company expectations Increased Adjusted EPS (non-GAAP) guidance by $0.05 to $3.25 to $3.45
GLENDALE, Calif.--(BUSINESS WIRE)-- Avery... More
