Flexible Electronics News

CCL Industries Announces 2Q 2021 Results

Checkpoint’s sales and profitability improved dramatically.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported 2021 second quarter results. Sales for the second quarter of 2021 increased 15.1% to $1,406.3 million, compared to $1,221.9 million for the second quarter of 2020, with organic growth of 20.5%, and acquisition- related growth of 1.5% partially offset by 6.9% negative impact from foreign currency translation. Operating income for the second quarter of 2021 increased 43.9% to $235.5 million compared to $163.6 million for the comparable quarter of 2020. Operating inco...

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