Industry News, Printers News

CCL Industries Reports Record Quarterly Results

Sales increased 15.8% to $705.9 million, supported by organic sales growth of 5.5%

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported 2015 first quarter results. Sales for the first quarter of 2015 increased 15.8% to $705.9 million, compared to $609.7 million for the first quarter of 2014, with 5.5% organic growth, 4.3% positive currency translation impact and 6.0% from the seven acquisitions completed over the previous 14 months.   Operating income for the first quarter of 2015 was $117.1 million, an increase of 32.2% compared to $88.6 million for the comparable quarter of 2014. Excluding the im...

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