Flexible Electronics News

CCL Industries Announces 3Q 2022 Results

CCL, Avery, Checkpoint and Innovia posted organic sales growth of 13.2%, 0.8%, 5% and 1.5%, respectively.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported 2022 third quarter results. Sales for the third quarter of 2022 increased 11.4% to $1,658.1 million compared to $1,488.2 million for the third quarter of 2021, with organic growth of 8.8% and acquisition-related growth of 4.9%, partially offset by 2.3% negative impact from foreign currency translation. Checkpoint’s sales increased 3.5% to $196 million, on organic growth of 5%, 4.2% acquisition contribution partially offset by 5.7% negative impact from foreign c...

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