Pasadena, Calif. - Avery Dennison Corporation today went live with its online 2010 Year in Review.
The new online Year in Review is titled "Inspired Brands. Intelligent World," reflecting the company's vision for achieving customer satisfaction and sales and earnings growth through innovative, high-performance materials, technology and solutions.
In his letter to shareholders, Avery Dennison Chairman, President and CEO Dean Scarborough notes, "Avery Dennison made solid financial and strategic progress in 2010. We improved our financial results, strengthened our balance sheet and ended the year positioned to return more cash to you. At the same time, we continued to invest in long-term growth and transform Avery Dennison into a trusted partner that makes every brand more inspiring and the world more intelligent."
The engaging, interactive Year in Review showcases how the company is making brands around the world more distinctive and appealing and developing innovative information solutions that help businesses and consumers better organize their world. The Year in Review also notes the new names of one Avery Dennison business segment - Retail Information Services -- now known as Retail Branding and Information Solutions - and eight business units, all reflecting the increased external focus of the businesses. A chart showing the names is available at www.averydennison.com/2010review/businessnames.
The company has presented its 2010 Year in Review in an online format separately from its annual report for shareholders. The company is following the U.S. Securities and Exchange Commission's rules for "notice and access" of annual meeting-related materials, and making its annual report and proxy statement available to shareholders at a specific Website for electronic voting, the address of which is being mailed to shareholders.