Industry News, Printers News

CCL Industries Announces 1Q 2021 Results

CCL, Checkpoint and Innovia posted organic growth of 5.4%, 11.2% and 5.7%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported 4.1% sales growth during the first quarter of 2021. Sales were $1,349.5 million, compared to $1,296.5 million for the first quarter of 2020.   Operating incomefor the first quarter of 2021 increased 11.4% to $223.1 million compared to $200.3 million for the comparable quarter of 2020. Operating incomeimproved 14.2%, excluding currency translation.   “Our people continued to perform despite ongoing pressures from the pandemic delivering a strong start to 2021,” Geoffr...

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