19.07.2011

Avery Dennison Details Weak Q2 Outlook

Avery Dennison provided a weak second-quarter outlook and also cut its expectations for the full year. The company attributed the weak outlook to a nearly 5% decline in unit volumes at its Pressure-sensitive Materials, and Retail Branding & Information Solutions segments. For the second quarter, the company expects earnings of $0.64 to $0.69 per share, and adjusted earnings of $0.74 to $0.79 per share. more09.09.2010

In The Matrix

Safety First - France is adopting the Datamatrix system to meet new regulations on the traceability of pharmaceutical products to increase patient safety. Avery Dennison is at the forefront of the Datamatrix barcoding technology that will become the accepted standard across France in January 2011. Other European states, such as the UK, Germany, Spain and Italy are looking to introduce similar regulations to improve consumer safety. 2D Datamatrix barcodes are able to store large amounts of information (up to 2,300 alphanumeric characters) on a small label. more