$AVY (Avery Dennison Corporation)

$AVY {{ '2016-04-27T16:37:04+0000' | timeago}} • Webcast

$AVY, engaged in production of pressure-sensitive materials, said that it signed a definitive agreement to acquire Mactac Europe from Platinum Equity. This acquisition aligns with the company's strategy to enhance its competitiveness in high-value pressure sensitive materials or graphics application.

$AVY {{ '2017-07-11T12:00:47+0000' | timeago}} • Announcement

$AVY appointed Gregory Lovins as SVP and CFO, effective immediately. Lovins will be responsible for leading financial operations across the company and will also oversee its information technology group. Lovins has been VP and interim CFO since March 2017 and has also been the company’s Treasurer since Aug. 2016.

$AVY {{ '2017-06-26T13:27:27+0000' | timeago}} • Announcement

$AVY, a technology firm in the apparels sector, has completed the acquisition of China-based industrial tape manufacturer Yongle Tape Company from its management and private equity firm ShawKwei & Partners. Yongle Tape will be integrated into Avery Dennison’s industrial and Healthcare Materials business group.

$AVY {{ '2017-05-26T10:47:54+0000' | timeago}} • Announcement

$AVY appointed Nick Tucci as VP and general manager, Label and Graphic Materials (LGM), North America. In this role, Nick will provide leadership and strategic vision for the North America region. He will also continue his current role as VP Sales, LGM, while searching for his replacement.

$AVY {{ '2017-05-22T15:27:36+0000' | timeago}} • Announcement

$AVY acquired Finesse Medical Ltd., an innovator in the development and manufacture of healthcare products used in the management of wound care and skin conditions.

$AVY {{ '2017-04-27T21:06:32+0000' | timeago}} • Announcement

$AVY increased the quarterly cash dividend by 10% to $0.45 per share, over the previous dividend rate. The dividend is payable June 21, 2017, to shareholders of record as of June 7, 2017.

$AVY {{ '2017-04-26T11:40:04+0000' | timeago}} • Announcement

$AVY expects its FY17 reported EPS to be about $4.20-4.35 and adjusted EPS to be in the range of $4.50-4.65.

$AVY {{ '2017-04-26T11:38:19+0000' | timeago}} • Announcement

During 1Q17, $AVY's Label and Graphic Materials segment reported 7.6% increase in sales to $1.08Bil. Sales of the Retail Branding and Information Solutions segment rose 2% to $366.8MM and the Industrial and Healthcare Materials segment sales was $115.7MM, up by 2%.

$AVY {{ '2017-04-26T11:34:16+0000' | timeago}} • Announcement

Labeling and packaging supplier $AVY reported 25% jump in its 1Q17 earnings, helped by strong performance of the Label and Graphics Materials segment. Net income rose to $112.2MM, or $1.25, from $89.6MM, or $0.98 per share during 1Q16. Net sales rose 5.8% YoY to $1.57Bil from $1.48Bil in 1Q16. Excluding items, $AVY earned $1.11 per share.

$TGT {{ '2017-04-03T11:14:40+0000' | timeago}} • Announcement

Under an agreement, $TGT will use $AVY's Radio Frequency Identification portfolio for a variety of category and performance needs.

$AVY {{ '2017-03-20T12:20:18+0000' | timeago}} • Announcement

$AVY's BoD elected Gregory S. Lovins as VP and interim CFO, effective immediately. Lovins succeeds Anne Bramman, SVP and CFO, who will be leaving the company after a brief transition period. Lovins has been the company’s VP and treasurer since August 2016, and will continue to serve as treasurer.

$AVY {{ '2017-03-02T14:51:09+0000' | timeago}} • Announcement

$AVY completed the acquisition of specialty films and laminates manufacturer Hanita Coatings from Kibbutz Hanita Coatings and Tene Investment Funds. The deal was announced on Dec. 13, 2016. Hanita Coatings will be known as Avery Dennison Hanita and will continue its operations as a distinct business unit.

$AVY {{ '2017-02-24T16:49:23+0000' | timeago}} • Announcement

$AVY priced an underwritten public offering of EUR 500MM of 1.250% Senior Notes due 2025. The Senior Notes were priced at 99.917% of their principal amount. The offering is expected to close on March 3, 2017.

$AVY {{ '2017-02-06T12:40:08+0000' | timeago}} • Announcement

$AVY to acquire Yongle Tape Company Ltd., a manufacturer of specialty tapes and related products. Yongle Tape will be acquired from the company’s management and private equity firm ShawKwei & Partners for a purchase price of $190MM, with additional earnouts of up to $55MM to be paid based on the achievement of some performance targets.

$AVY {{ '2017-02-03T13:23:03+0000' | timeago}} • Announcement

$AVY's BoD appointed Andres Lopez as a director, effective Feb. 1, 2017. Lopez is the president, CEO and executive director of $OI.

$AVY {{ '2017-02-01T21:01:26+0000' | timeago}} • Webcast

In 4Q16, $AVY’s adjusted EPS increased by 17% compared to the prior year, above expectations due to higher than expected organic sales growth of approx. 5%. Acquisitions lifted sales by 2.7% while currency represented a headwind of approx. 1%. Adjusted operating margin improved 70BP to 9.4%.

$AVY {{ '2017-02-01T20:56:04+0000' | timeago}} • Webcast

$AVY's Retail Branding and Information Solutions segment delivered solid growth driven by radio frequency identification which grew 40% for 2016. The growth was driven by both the implementation of new programs and the acceleration of active rollouts.

$AVY {{ '2017-02-01T13:42:47+0000' | timeago}} • Announcement

$AVY's BoD declared a quarterly cash dividend of $0.41 per share. The dividend is payable on March 15, 2017, to shareholders of record on March 1, 2017.

$AVY {{ '2017-02-01T13:28:48+0000' | timeago}} • Announcement

Under the new operating structure, $AVY reported 4Q16 results for its three segments. Sales of Label & Graphic Materials and Retail Branding & Information Solutions increased 10% and 3%, respectively, while Industrial & Healthcare Materials segment sales declined 8% compared to the prior year quarter.

$AVY {{ '2017-02-01T13:18:56+0000' | timeago}} • Announcement

For 2017, $AVY expects EPS to be $4.10-4.30. Excluding an estimated $0.20 per share for restructuring charges and other items, the company expects non-GAAP EPS to be $4.30-4.50. "In 2017, we expect to again deliver solid sales and earnings growth," said CEO Mitch Butier.

$AVY {{ '2017-02-01T13:17:51+0000' | timeago}} • Announcement

$AVY reported a 9% increase in 4Q16 profit, helped by 10% sales increase in Label and Graphics Materials segment. Net income was $62MM or $0.69 per share compared to $57MM or $0.62 per share in the prior year quarter. Sales increased about 7% to $1.55Bil. Non-GAAP EPS was $0.99.

Recent Transcripts

AYI (Acuity Brands, Inc.)
Thursday, June 29 2017 - 2:00pm
SCS (Steelcase Inc.)
Thursday, June 22 2017 - 12:30pm
NTZ (Natuzzi SpA)
Friday, May 26 2017 - 2:00pm
BLL (Ball Corporation)
Thursday, May 4 2017 - 3:00pm
TPX (Tempur Sealy International Inc.)
Thursday, May 4 2017 - 12:00pm
RRD (R.R. Donnelley & Sons Company)
Wednesday, May 3 2017 - 1:00pm
MUSA (Murphy USA Inc.)
Tuesday, May 2 2017 - 3:00pm
NC (Nacco Industries Inc.)
Tuesday, May 2 2017 - 1:00pm
MHK (Mohawk Industries Inc.)
Friday, April 28 2017 - 3:00pm
SNE (Sony Corporation)
Friday, April 28 2017 - 8:15am
IP (International Paper Company)
Thursday, April 27 2017 - 2:00pm
AOS (AO Smith Corp.)
Thursday, April 27 2017 - 2:00pm
PKG (Packaging Corporation of America)
Thursday, April 27 2017 - 12:30pm
BMS (Bemis Company, Inc.)
Thursday, April 27 2017 - 12:00pm
AVY (Avery Dennison Corporation)
Wednesday, April 26 2017 - 4:00pm
SLGN (Silgan Holdings Inc.)
Wednesday, April 26 2017 - 3:00pm
WRK (WestRock Company)
Wednesday, April 26 2017 - 12:30pm
GPK (Graphic Packaging Holding Company)
Tuesday, April 25 2017 - 2:00pm
OI (Owens-Illinois, Inc.)
Tuesday, April 25 2017 - 12:00pm
KMB (Kimberly-Clark Corporation)
Monday, April 24 2017 - 2:00pm

AlphaGraphics you may like