Flexible Electronics News

CCL Industries Announces Record 2021 Results

Full-year sales were $5.7 billion, an increase of 9.4%.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported fourth quarter and annual financial results for 2021. Sales for the fourth quarter of 2021 increased 10.2% to $1,488.8 million, compared to $1,350.6 million for the fourth quarter of 2020, with organic growth of 12.8% and acquisition-related growth of 1.8% partially offset by 4.4% negative impact from foreign currency translation. Operating income for the fourth quarter of 2021 decreased by 2.1% to $208.8 million compared to $213.3 million for the comparable qu...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters