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Sales for 2Q 2017 increased 30.5% to $1,252.9 million, primarily driven by acquisitions of Checkpoint Systems and Innovia.
August 9, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. reported 2017 second quarter results. Sales for the second quarter of 2017 increased 30.5% to $1,252.9 million, compared to $960.2 million for the second quarter of 2016, with 1.9% organic growth, 2.5% positive currency translation impact and 26.1% acquisition-related growth, primarily driven by the acquisitions of Checkpoint Systems, Inc. on May 13, 2016, and Innovia Group of Companies on Feb. 28, 2017. Operating income for the second quarter of 2017 was $188.3 million, ...
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