Avery Dennison Ends ‘06 with a Strong Fourth Quarter

The company reported net income of $367.2 million or $3.66 per share for the full year 2006, compared with $226.4 million or $2.25 per share in the prior year. Results included restructuring and divestiture related charges and other items totaling $0.12 per share in 2006 and $1.21 per share in the prior year. Net sales were $5.58 billion in 2006, compared to $5.47 billion in the previous year.