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- RBIS segment sales increased approximately 3 percent driven by increased demand from European retailers and brands.
- Operating margin increased 460 basis points to 7.4 percent as the benefit of productivity initiatives and higher volume, as well as the impact of a prior year impairment and a gain on sale of assets, more than offset higher employee-related expenses. Adjusted operating margin improved 140 basis points.
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- Companies:
- Avery Dennison
- People:
- Dean Scarborough
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