“2018 marked the company’s seventh consecutive year of strong top-line growth, margin expansion, and double-digit adjusted EPS growth,” says Mitch Butier, president/CEO. “Organic growth for the year was largely driven by volume, as we continue to benefit from our focus on high value categories and leadership position in faster-growing emerging markets.
“Label and Graphic Materials delivered strong organic growth, while maintaining strong operating margins in the face of significant raw-material inflation. Retail Branding and Information Solutions’ operating income once again rose significantly, reflecting outstanding performance in both top-line growth and margin expansion. And, in a challenging year, Industrial and Healthcare Materials made progress with its margin turnaround.
“2018 marked an important milestone for the company, as the final year of measurement for the five-year financial targets we communicated in early 2014. I’m pleased to report that we achieved all of our long-term goals for this period.
“For 2019, we are targeting continued progress toward our 2021 goals. Notwithstanding a significant headwind from currency translation and an uncertain economic climate, we expect to deliver solid top- and bottom-line growth."