Industry News

CCL Industries Reports Record Net Earnings for 2012

Board of Directors approves a 10 percent increase in the dividend

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. announced its full year 2012 results. Sales were $1,308.6 million in 2012, an increase of 3.2% compared to the $1,268.5 million in 2011. Excluding the impact of foreign currency translation, sales increased 5.3% organically and 0.5% from the acquisitions of Sertech in April 2011 and Graphitype in July 2012. Operating income for 2012 was $178.4 million, an increase of 9.0% compared to $163.7 million for 2011; and an increase of 12.2% excluding the impact of foreign currenc...

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