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Avery Dennison Corp (AVY.N)

AVY.N on New York Stock Exchange

79.67USD
23 Mar 2017
Change (% chg)

$0.76 (+0.96%)
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Latest Key Developments (Source: Significant Developments)

Avery Dennison names Gregory Lovins as interim CFO
Monday, 20 Mar 2017 05:45am EDT 

Avery Dennison Corp : Avery Dennison names Gregory S. Lovins vice president and interim Chief Financial Officer .Avery Dennison Corp- Lovins succeeds Anne L. Bramman, senior vice president and chief financial officer.  Full Article

Avery Dennison CEO's 2016 total compensation $9.8 mln
Friday, 10 Mar 2017 07:30am EST 

Avery Dennison Corp : CEO Mitchell Butier's FY 2016 total compensation $9.8 million versus $6.6 million in fy 2015 - sec filing .Former CEO Dean Scarborough's FY 2016 total compensation $8.3 million versus $8.6 million in fy 2015.  Full Article

Avery Dennison prices EUR500 million Senior Notes offering
Friday, 24 Feb 2017 11:17am EST 

Avery Dennison Corp : Avery Dennison prices EUR500 million Senior Notes offering . Has priced an underwritten public offering of EUR500 million aggregate principal amount of 1.250% Senior Notes due 2025 .Senior Notes were priced at 99.917% of their principal amount.  Full Article

Avery Dennison to acquire Yongle Tape Company
Monday, 6 Feb 2017 03:01am EST 

Avery Dennison Corp : Avery Dennison to acquire Yongle Tape Company Ltd. . Yongle Tape will be acquired from company's management and private equity firm shawkwei & partners for purchase price of $190 million . Additional earnouts of up to $55 million to be paid based on achievement of certain performance targets over next two years . Expects acquisition to have an immaterial impact on earnings per share in 2017 .Will fund acquisition with existing cash and credit facilities.  Full Article

Avery Dennison Corp says on track to achieve 2018 targets - SEC filing
Wednesday, 1 Feb 2017 07:08am EST 

Avery Dennison Corp : Avery Dennison Corp - on track to achieve 2018 targets -SEC filing . Avery Dennison Corp sees 2017 reported net sales change of 1.5 percent to 3.5 percent - SEC filing . FY2017 revenue view $6.30 billion -- Thomson Reuters I/B/E/S . Avery dennison corp - sees 2017 organic sales growth of 3 pct - 4.5 pct . Avery Dennison Corp sees incremental savings of $40 million - $50 million from restructuring actions in 2017 .Avery Dennison Corp - sees 2017 fixed and it capital spend of about $215 million.  Full Article

Avery Dennison Q4 adjusted earnings $0.99/shr
Wednesday, 1 Feb 2017 06:45am EST 

Avery Dennison Corp : Avery Dennison announces fourth quarter and full year 2016 results . Q4 adjusted non-GAAP earnings per share $0.99 . Q4 earnings per share $0.69 . Q4 earnings per share view $0.93 -- Thomson Reuters I/B/E/S . Q4 sales $1.55 billion versus I/B/E/S view $1.5 billion . Avery Dennison Corp qtrly organic sales growth (non-GAAP) of about 5 percent . Sees FY 2017 earnings per share $4.10 to $4.30 . Sees FY 2017 adjusted non-GAAP earnings per share $4.30 to $4.50 excluding items . FY 2017 earnings per share view $4.30 -- Thomson Reuters I/B/E/S .Avery Dennison Corp sees estimated $0.20 per share charge for restructuring and other items in 2017.  Full Article

Avery Dennison Corp signs a wind power purchase agreement with Apex Clean Energy
Monday, 5 Dec 2016 09:00am EST 

Avery Dennison Corp : Avery Dennison Corp says has signed a wind power purchase agreement with Apex Clean Energy . Under agreement with Apex's Perryton Wind, Avery Dennison will purchase 20 MW of renewable energy capacity .Avery Dennison says PPA with Apex Clean Energy to offset 50 percent of co's U.S.-based greenhouse gas emissions derived from electricity consumption.  Full Article

Avery Dennison Q2 earnings per share $0.88
Tuesday, 26 Jul 2016 06:45am EDT 

Avery Dennison Corp : Raised FY16 guidance midpoint for reported eps by $0.10 . Fy2016 earnings per share view $3.83 -- Thomson Reuters I/B/E/S . Avery Dennison announces second quarter 2016 results . Q2 adjusted non-gaap earnings per share $1.09 . Q2 earnings per share $0.88 . Q2 sales $1.54 billion versus I/B/E/S view $1.54 billion . Sees fy 2016 adjusted non-gaap earnings per share $3.80 to $3.95 excluding items . Sees fy 2016 earnings per share $3.35 to $3.50 . Q2 earnings per share view $1.01 -- Thomson Reuters I/B/E/S .Raised fy16 guidance midpoint for adjusted EPS.  Full Article

Avery Dennison Corp announces quarterly dividend
Thursday, 28 Apr 2016 04:15pm EDT 

Avery Dennison Corp:Declared a quarterly cash dividend of $0.41 per share, reflecting a four cent, or 11%, increase over the previous dividend rate.Dividend is payable June 15, 2016, to shareholders of record as of June 1, 2016.  Full Article

Avery Dennison Corp to acquire Mactac Europe
Wednesday, 27 Apr 2016 06:47am EDT 

Avery Dennison Corp:Definitive agreement to acquire the European business of Mactac from Platinum Equity for purchase price of EUR200 million including assumed debt.Acquisition is expected to have an immaterial impact to earnings per share in 2016 and be approximately ten cents accretive to EPS in 2017.Avery Dennison will fund the acquisition with existing cash and credit facilities.Acquisition is expected to close within three months.  Full Article

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BRIEF-Avery Dennison names Gregory Lovins as interim CFO

* Avery Dennison names Gregory S. Lovins vice president and interim Chief Financial Officer