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Sales for 2Q 2020 decreased 9.8% to $1,221.9 million, compared to $1,354.2 million in 2Q 2019.
August 13, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. reported 2020 second quarter results. Sales for the second quarter of 2020 decreased 9.8% to $1,221.9 million, compared to $1,354.2 million for the second quarter of 2019, with 12.4% organic decline partially offset by 2.2% acquisition-related growth and 0.4% positive impact from foreign currency translation. Operating income for the second quarter of 2020 was $163.6 million compared to $198.7 million for the comparable quarter of 2019. Operating income decreased 18.2%, exc...
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