Avery Dennison Q1 profit leap

26 April 2006 – Pasadena (CA): Avery Dennison reported a Q1 profit jump of 19 per cent.
 
Sales in the office and consumer products division decreased 7 per cent to $240 million. Total profit rose to $68.7 million or EPS of $0.69, compared with a profit of $57.7 million, or EPS of $0.57, during the same quarter last year. Revenue remained close to last year’s figure of $1.34 billion.