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Sales for the first quarter of 2014 increased 67.7 percent to $609.7 million
May 1, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. reported that sales for the first quarter of 2014 increased 67.7% to $609.7 million, compared to $363.6 million for the first quarter of 2013, with 4.2% organic growth, 8.2% positive currency translation and the balance primarily from the Avery Dennison, INT and Sancoa acquisitions. Operating income for the first quarter of 2014 was $88.6 million, an increase of 43.1% compared to $61.9 million for the comparable quarter of 2013. The Label Segment posted a 22.8% increase in ...
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