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Sales for the first quarter of 2018 increased 15.6% to $1,227.1 million, primarily driven by the Innovia acquisition.
May 9, 2018
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. reported 2018 first quarter results. Sales for the first quarter of 2018 increased 15.6% to $1,227.1 million, compared to $1,061.5 million for the first quarter of 2017, with 3.4% organic growth and 11.2% acquisition-related growth, primarily driven by the Innovia Group of Companies acquired on February 28, 2017. Operating income for the first quarter of 2018 was $200.6 million, an increase of 26.2% compared to $158.9 million for the comparable quarter of 2017. Net earnin...
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