US-based information management, brand identification and solution-enabling products company Avery Dennison Corporation has reported net income of $112 million in the second quarter compared with $89.4 million in the prior year. Second quarter results included an after-tax benefit of $15.6 million related to the tax effect of a divestiture that partially offset previously recognised losses from discontinued operations.

Net sales for the second quarter were $1.41 billion, approximately even with the same quarter last year. Organic sales growth, which excludes the impact of acquisitions, divestitures and foreign currency translation, was 2%. This increase was attributable to both unit volume growth and positive changes in pricing and product mix.