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For the year, sales and operating income improved 3.1% and 1.5% to $5.3 billion and $787.3 million, respectively.
February 25, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. reported fourth quarter and annual financial results for 2019. Sales for the fourth quarter of 2019 decreased 4.1% to $1,277.9 million, compared to $1,332.8 million for the fourth quarter of 2018, with 0.5% acquisition-related growth, offset by a 1.2% negative impact from foreign currency translation and a decline in organic sales growth of 3.4%. Operating income for the fourth quarter of 2019 was $173.9 million compared to $189.2 million for the comparable quarter of 2...
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