Industry News

CCL Industries Reports Record Quarterly EPS and Declares Dividend

Sales for the third quarter of 2014 increased 13.7% to $689.7 million

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported its third quarter 2014 results.   Sales for the third quarter of 2014 increased 13.7% to $689.7 million, compared to $606.6 million for the third quarter of 2013, with 2.5% organic growth, 5.9% positive currency translation and the balance primarily from the Sancoa, Dekopak and Bandfix acquisitions.   For the nine months ended Sept. 30, 2014, sales increased 37.5%, excluding foreign currency translation, driven by above noted acquisitions as well as the Avery and...

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