Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its first quarter ended March 30, 2019. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise indicated, comparisons are to the same period in the prior year. “Our Q1 performance was solid, given a challenging start to the year, with adjusted earnings in line with our expectations,” said Mitch Butier, President and CEO.
KP Tissue Inc. (“KPT”), which holds a limited partnership interest in Kruger Products L.P. (“KPLP”), announces that Michael Korenberg has, effective today’s date, resigned as Chairman and a director of KPT and as a director of KPGP Inc., the general partner of KPLP. We sincerely thank him for his four years of service and leadership on the Board. With Mr. Korenberg’s resignation, KPT is now seeking the appointment of a new independent director on its board, who will also serve as a nominee of KPT on the board of KPGP Inc.