Avery Dennison Reports Third Quarter Sales Down 1.9% on Organic Basis

Reuters10-22
Avery Dennison Reports Third Quarter Sales Down 1.9% on Organic Basis

Avery Dennison Corporation reported preliminary, unaudited results for the third quarter ended September 27, 2025. Sales decreased 1.9% on an organic basis, with modest volume/mix growth offset by deflation-related price reductions. Both high-value categories, including Intelligent Labels, and base categories declined by low single digits. Graphics and Reflectives were down low single digits, while Performance Tapes and Medical declined mid-single digits. The company reported an operating margin of 14.3%. Adjusted operating margin was 15.2%, up 40 basis points, and adjusted EBITDA margin was 17.5%, up 50 basis points, primarily due to productivity benefits. The Solutions Group reported sales of $700 million, up 2.0%. Sales increased 3.6% on an organic basis. High-value categories, including Intelligent Labels, grew by high single digits, with Intelligent Labels up mid-single digits, and Vestcom and Embelex both up more than 10%. Overall apparel categories increased low single digits, while base categories declined low single digits. The reported operating margin for the Solutions Group was 9.7%. Adjusted operating margin was 10.0%, down 130 basis points, and adjusted EBITDA margin was 17.0%, down 90 basis points, with higher employee-related costs offsetting productivity and volume gains.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avery Dennison Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251022624407) on October 22, 2025, and is solely responsible for the information contained therein.
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