Avery Dennison posts strong profit



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.