Avery Dennison posts strong profit

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25 October 2005 – Pasadena (CA): Avery Dennison has revealed a rise in Q3 profit thanks to improved pricing and stronger sales from more profitable products.

Net income increased to $86.2 million, or EPS of $0.86, compared with $75 million, or EPS of $0.75, the year before, beating analysts’ expectations of $0.76 a share.

 

The company also boosted its full-year outlook due to improved profitability and lower taxes.