Flexible Electronics News

CCL Industries Announces 4Q, 2018 Results

For 2018, sales and operating income improved 8.5% and 5.2% to $5.2 billion and $775.7 million, respectively.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported fourth quarter and annual financial results for 2018.   Sales for the fourth quarter of 2018 increased 8.0% to $1,332.8 million, compared to $1,234.5 million for the fourth quarter of 2017, with 1.5% organic growth, 5.1% acquisition related growth, and 1.4% positive impact from foreign currency translation. Operating income for the fourth quarter of 2018 was $189.2 million compared to $205.1 million for the comparable quarter of 2017.   For the year ending Dec. 3...

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