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Sales increased 1.5% to $1,357.1 million on organic growth of 2.1%, 3.5% and 8.4% for the CCL, Avery and Checkpoint Segments respectively.
November 13, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. reported 2019 third quarter results. Sales for the third quarter of 2019 increased 1.5% to $1,357.1 million, compared to $1,337.2 million for the third quarter of 2018, with 1.7% organic growth and 0.6% acquisition-related growth partially offsetting 0.8% negative impact from foreign currency translation. Operating income for the third quarter of 2019 was $209.8 million compared to $186.2 million for the comparable quarter of 2018. Operating income increased 13.7% excluding...
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