• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Printed Electronics
    • Raw Materials
    • Equipment
    • Services
    • Suppliers Guide
    • Resources
    • More
  • Magazine
  • News
  • Printed Electronics
  • Raw Materials
  • Equipment
  • Services
  • Suppliers Guide
  • Resources
  • Current & Past Issues
    Features
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Breaking News
    Experts Opinion
    Financial News
    Manufacturers News
    Mergers and Acquisitions
    Online Exclusives
    Personnel
    Product Releases
    Suppliers News
    Live From Shows
    Displays and Lighting
    Photovoltaics
    Printed Batteries
    Printed Circuit Boards/Membrane Switches/In Mold Electronics
    Flexible and Printed Electronics
    RFID and NFC
    Sensors and Wearables
    Smart Cards and Packaging
    Touch Screens
    Adhesives, Barriers and Encapsulants
    Chemicals, Metals and Powders
    Conductive Inks and Coatings
    Electronic Materials
    Film, Paper, Glass and Substrates
    Graphene, Perovskites and Carbon Nanotubes
    Nanomaterials
    Printed Electronic Components
    Research Reports
    Semiconductors and Quantum Dots
    Energy Curing Equipment
    Lab and Testing Equipment
    Manufacturing Equipment
    Printing Equipment
    3D Printing
    Contract Manufacturing Services
    Product Design and Testing
    Research and Consulting
    Research Institutions
    Research Reports
    Universities
    Equipment
    All Companies
    Materials
    Categories
    Converting
    Printed Electronics Systems
    Associations
    Research and Services
    Used Machinery
    Add New Company
    Industry Events
    Live from show events
    Podcasts
    Videos
    Blogs
    Slideshows
    Infographics
    Webinars
    Whitepapers
    Equipment and Services
    Glossary
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Suppliers Guide
      • Suppliers Guide
      • Add Your Company
    • Printed Electronics
      • Photovoltaics
      • Printed Batteries
      • Printed Circuit Boards/Membrane Switches/In Mold Electronics
      • Flexible and Printed Electronics
      • RFID and NFC
      • Sensors and Wearables
      • Smart Cards and Packaging
      • Touch Screens
    • Raw Materials
      • Adhesives, Barriers and Encapsulants
      • Chemicals, Metals and Powders
      • Conductive Inks and Coatings
      • Electronic Materials
      • Film, Paper, Glass and Substrates
      • Graphene, Perovskites and Carbon Nanotubes
      • Nanomaterials
      • Semiconductors and Quantum Dots
    • Equipment
      • Energy Curing Equipment
      • Lab and Testing Equipment
      • Manufacturing Equipment
      • Printing Equipment
      • 3D Printing
    • Services
      • Contract Manufacturing Services
      • Product Design and Testing
      • Research and Consulting
      • Research Institutions
      • Research Reports
      • Universities
    • Online Exclusives
    • Slideshows
    • Blog
    • Videos
    • Podcasts
    • Infographics
    • Events
      • Industry Events
      • Live from show events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Avery Dennison Announces 3Q 2019 Results

    RFID solutions sales increased by approximately 20%.

    Related CONTENT
    • Avery Dennison Introduces AD-332u8 RAIN RFID Inlay
    • Avery Dennison Combines RAIN RFID, EAS into One Retail-Optimized Inlay
    • Avery Dennison Releases Trend Report 'The New Transparency'
    • Avery Dennison Announces 2Q 2020 Results
    • Smartrac, SUKU Leverage NFC, Blockchain to Guarantee COVID-19 Test Kits, PPE Authenticity
    10.25.19
    Avery Dennison Corporation announced preliminary, unaudited results for its third quar-ter ended September 28, 2019.

    “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.

    “For the quarter, Label and Graphic Materials delivered modest organic growth, as vol-umes improved relative to the first half of the year, and operating margin was strong; Re-tail Branding and Information Solutions delivered solid organic growth, as continued strength in RFID more than offset a slowdown in the base business, and operating margin remained strong; and IHM outperformed expectations on both the top and bottom lines, delivering solid organic growth and strong margin expansion.

    “We have revised the high end of our guidance range for 2019 earnings per share, re-flecting the incremental negative impact from currency translation, largely offset by stronger operational results and a modestly lower tax rate,” added Butier. “We’re confi-dent in our ability to achieve our long-term targets, reflecting the resilience of our busi-ness and ability of our team to adapt to changing market conditions.”

    Retail Branding and Information Solutions’ reported sales increased 2.1%; on an organic basis, sales grew 4.1%, driven primarily by continued strength in sales of radio frequency identification (RFID) solutions, which increased by approximately 20%.

    Reported operating margin increased 60 basis points to 11.2%, as productivity, higher volume, and lower restructuring charges more than offset higher employee-related costs and growth-related investments. Adjusted operating margin increased 10 basis points to 11.5%.
    Related Searches
    • avery dennison
    • label
    • rfid
    Suggested For You
    Avery Dennison Introduces AD-332u8 RAIN RFID Inlay Avery Dennison Introduces AD-332u8 RAIN RFID Inlay
    Avery Dennison Combines RAIN RFID, EAS into One Retail-Optimized Inlay Avery Dennison Combines RAIN RFID, EAS into One Retail-Optimized Inlay
    Avery Dennison Releases Trend Report Avery Dennison Releases Trend Report 'The New Transparency'
    Avery Dennison Announces 2Q 2020 Results Avery Dennison Announces 2Q 2020 Results
    Smartrac, SUKU Leverage NFC, Blockchain to Guarantee COVID-19 Test Kits, PPE Authenticity Smartrac, SUKU Leverage NFC, Blockchain to Guarantee COVID-19 Test Kits, PPE Authenticity
    Avery Dennison Explores Trends in Pharmaceutical Labeling Avery Dennison Explores Trends in Pharmaceutical Labeling
    Avery Dennison’s Store of the Future Part of Avery Dennison’s Store of the Future Part of 'A Connected World' at Labelexpo Europe
    STMicroelectronics Reports 2Q 2019 Financial Results STMicroelectronics Reports 2Q 2019 Financial Results
    Avery Dennison Announces 2Q 2019 Results Avery Dennison Announces 2Q 2019 Results
    Avery Dennison Delves into Market Trends Avery Dennison Delves into Market Trends
    Flex Reports Fourth Quarter, Fiscal 2019 Results Flex Reports Fourth Quarter, Fiscal 2019 Results
    Avery Dennison Announces First Quarter 2019 Results Avery Dennison Announces First Quarter 2019 Results
    STMicroelectronics Reports 2019 First Quarter Financial Results STMicroelectronics Reports 2019 First Quarter Financial Results

    Related Breaking News

    • Breaking News | RFID and NFC
      Avery Dennison Introduces AD-332u8 RAIN RFID Inlay

      Avery Dennison Introduces AD-332u8 RAIN RFID Inlay

      Has passed ARC Spec H for demanding retail environments.
      Printed Electronics Now staff 09.29.20

    • Breaking News | Product Releases | RFID and NFC
      Avery Dennison Combines RAIN RFID, EAS into One Retail-Optimized Inlay

      Avery Dennison Combines RAIN RFID, EAS into One Retail-Optimized Inlay

      Combines item-level tracking and digital ID capabilities with the secondary loss prevention functionality of an EAS tag.
      Printed Electronics Now staff 09.23.20

    • Breaking News | RFID and NFC
      Avery Dennison Releases Trend Report

      Avery Dennison Releases Trend Report 'The New Transparency'

      Transparency is no longer a ‘nice to have’ – it’s paramount to business success, Avery Dennison said.
      Printed Electronics Now staff 09.16.20


    • Breaking News | Financial News | RFID and NFC
      Avery Dennison Announces 2Q 2020 Results

      Avery Dennison Announces 2Q 2020 Results

      Net sales were $1.53 billion, down 14.9%, while reported operating margin declined 350 basis points to 8.1%.
      Printed Electronics Now Staff 08.05.20

    • Breaking News | RFID and NFC
      Smartrac, SUKU Leverage NFC, Blockchain to Guarantee COVID-19 Test Kits, PPE Authenticity

      Smartrac, SUKU Leverage NFC, Blockchain to Guarantee COVID-19 Test Kits, PPE Authenticity

      Solution utilizes Avery Dennison’s Digital Identity Platform to feed tag data to SUKU’s blockchain-based supply chain application.
      Printed Electronics Now staff 05.12.20

    Loading, Please Wait..
    Trending
    • Celanese Launches Nine New Conductive Inks
    • Toppan Launches Sales Of Eco-Friendly NFC Tag Label With Paper-Based Antenna Substrate
    • Sensormatic Solutions Helps Renner Reduce 87% Of Stockouts
    • Veridos To Become Majority Shareholder In NetSeT
    • Weekly Recap: Avery Dennison, CES 2023 And Canatu’s LiDAR Deicing Top This Week’s Stories
    Breaking News
    • Textiles are Smarter with Durak SilverPro Conductive Threads
    • Arkema Partners with Research Institute to Open Lab in Mulhouse, France
    • Veridos to Become Majority Shareholder in NetSeT
    • Zebra Technologies Selected as One of America’s Greatest Workplaces for Diversity
    • Sensormatic Solutions Helps Renner Reduce 87% of Stockouts
    View Breaking News >
    CURRENT ISSUE

    Winter 2021

    • Printed Electronics Now’s International Suppliers’ Directory
    • The Automotive Market and Flexible and Printed Electronics
    • Flexible and Printed Electronics in Healthcare
    • Flexible and Printed Electronics Make Gains in Smart Packaging
    • PAPERONICS: Low-cost multisensory paper and packaging applications
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Dr. Ranjini Murthy Joins Azelis Americas as SVP of Commercial and Digital Excellence
    Pomegranate Extract Tied to Gut and Skin Microbiome Benefits
    Berry Health Benefits Symposium Begins Tuesday, January 31
    Coatings World

    Latest Breaking News From Coatings World

    Masco Corporation Reaches $5 Million Milestone in Grant Program
    Arkema Partners with Research Institute to Open New Lab in France
    White Inorganic Pigments Market Worth $29.5B by 2026: MarketsandMarkets
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Cirtec Medical Corporation Acquires Precision Components Business from QMD
    Masimo Begins Rollout of VCAM Hand Hygiene System
    Robert R. Ruffolo to Lead Neuraptive Therapeutics Board
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Azelis Americas Appoints Ranjini Murthy Commercial, Digital Excellence SVP
    Zennova Opens Manufacturing and R&D Center in China
    Lilly to Invest $450M at Manufacturing Site in Research Triangle Park
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Personal Care Market Forecasted to Grow at CAGR of 6.4% from 2022-2027
    P&G Designs Recyclable Pump Dispenser
    Amyris Inc. Launches 4U by Tia Haircare Line Exclusively at Walmart
    Happi

    Latest Breaking News From Happi

    Henkel Honors Leading Suppliers During American Cleaning Institute Convention Week
    Swiss American CDMO Sliding into a ‘Frictionless Future’ with LiquiGlide Agreement
    Gattefossé Launches New Formulations Collection
    Ink World

    Latest Breaking News From Ink World

    Early-Bird Registration Opens for Print UV 2023
    Arkema Partners with Research Institute to Open Lab in France
    White Inorganic Pigments Market Worth $29.5 Billion by 2026: MarketsandMarkets
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    AWA to host 23rd Global Release Liner Industry Conference & Exhibition
    Color-Logic certifies Ecofoil digital labestock for cut sheet printers
    Brandywine Label Printing names Dave Rosen new president
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    FiltXPO to be Held in October
    Voith Commissions Quality Control Systems at Johns Manville, Smurfit Kappa and WEPA
    Pampers Releases Limited Edition Easy Ups Training Underwear with Peppa Pig Prints
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    OPUM, Corflex Global Partner on Knee Assessment Technology
    ODT's Most-Read Stories This Week—Jan. 28
    Roche, Sysnav Partner on Movement Tracking Tech for Neuromuscular Disorders
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Textiles are Smarter with Durak SilverPro Conductive Threads
    Arkema Partners with Research Institute to Open Lab in Mulhouse, France
    Veridos to Become Majority Shareholder in NetSeT

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login