Flexible Electronics News

CCL Industries Announces Record Results for 1Q 2024

Sales increased 5.2% to $1,737.2 million, with Checkpoint’s sales up 6.8% to $224.7 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported 2024 first quarter results. Sales for the first quarter of 2024 increased 5.2% to $1,737.2 million, compared to $1,652.1 million for the first quarter of 2023, with organic growth of 2%, acquisition-related growth of 3% and 0.2% positive impact from foreign currency translation. Operating income for the first quarter of 2024 increased 9.4% to $282 million compared to $257.7 million for the comparable quarter of 2023. Net earnings increased 15.4% to $192.1 milli...

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