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Avery Dennison Corp (AVY)

AVY on New York Consolidated

83.26USD
22 May 2017
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Latest Key Developments (Source: Significant Developments)

AVERY DENNISON ACQUIRES FINESSE MEDICAL
11:00am EDT 

May 22 (Reuters) - Avery Dennison Corp :AVERY DENNISON ACQUIRES FINESSE MEDICAL.  Full Article

Avery Dennison increases quarterly dividend
Thursday, 27 Apr 2017 04:15pm EDT 

April 27 (Reuters) - Avery Dennison Corp -:Avery Dennison increases quarterly dividend.Increases quarterly cash dividend by 10 percent to $0.45per share.  Full Article

Avery Dennison posts Q1 adj. earnings per share $1.11
Wednesday, 26 Apr 2017 06:45am EDT 

April 26 (Reuters) - Avery Dennison Corp :Avery Dennison announces first quarter 2017 results.Q1 sales $1.57 billion versus I/B/E/S view $1.53 billion.Q1 earnings per share $1.25.Q1 earnings per share view $1.04 -- Thomson Reuters I/B/E/S.Avery Dennison Corp - raised FY17 guidance midpoint for reported EPS by $0.08.Avery Dennison Corp - raised FY17 guidance midpoint for adjusted EPS by $0.18.Avery Dennison Corp - now expects 2017 reported earnings per share of $4.20 to $4.35.Avery Dennison Corp says expects previously announced acquisition of Yongle Tape to close in middle of this year.Avery Dennison Corp - now expects adjusted earnings per share (non-GAAP) of $4.50 to $4.65 for FY.FY2017 earnings per share view $4.44 -- Thomson Reuters I/B/E/S.Avery Dennison Corp - in Q1, company realized approximately $11 million in pre-tax savings from restructuring, net of transition costs.Avery Dennison Corp - qtrly organic sales growth of about 4 pct.Avery Dennison Corp - in Q1, company incurred pre-tax restructuring charges of approximately $6 million, all of which represent cash charges.Q1 adjusted non-GAAP earnings per share $1.11.  Full Article

Avery Dennison announces global radio frequency identification partnership agreement with Target Corp
Monday, 3 Apr 2017 07:00am EDT 

Avery Dennison Corp :Avery Dennison announces global radio frequency identification (RFID) partnership agreement with Target Corp.  Full Article

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

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