Description

Avery Dennison: $75 Million Wiliot Bet Signals Where The Long-Term Innovation Story Lives!

Avery Dennison reported a modest improvement in the first quarter of 2026 with an organic sales increase of 1% and a 7% rise in adjusted earnings per share, reflecting volume growth and effective cost management. The company’s diversified portfolio permitted resilience, as growth in the Materials Group offset softness in the Solutions Group. The Materials segment achieved 2% organic sales growth, driven by mid-single-digit volume and mix gains, although low single-digit price deflations moderated this. Strength in base label materials compensated for declines in certain high-value categories such as Graphics, Reflectives, and Performance Materials, which faced challenging comparables and softer automotive market demand. Adjusted EBITDA margins in this segment expanded slightly due to operational efficiency and raw material engineering initiatives despite higher employee costs.