Avery Dennison Announces Fourth Quarter and Full-Year 2010 Results

February 2, 2011 by timbercommunity

"We delivered solid results in 2010, led by sales growth and expanded margins in Pressure-sensitive Materials and Retail Information Services," said Dean A. Scarborough, Avery Dennison chairman, president and CEO. "In addition, we generated strong free cash flow and exceeded our debt reduction goal for the year," Scarborough said.For 2011, we expect to continue our solid sales growth and margin expansion," Scarborough said. "We also will continue to invest in marketing and R&D to further advance our market leadership and generate long-term growth."