Avery Dennison racing with end-product hikes to match cost jumps

摘要

Avery Dennison will continue to push out price increases on its pressure-sensitive materials (PSM) for labels to try to match another round of input cost rises in March and in this month. "With this new round of inflation, we're now passing off price increases just as fast as the new rounds (on input costs) are com- ing through," said Avery Dennison CFO Mitchell Butier, based on a Seeking Alpha report of the firm's quarterly earnings report on Wednesday.