Flexible Electronics News

CCL Industries Announces Record Quarterly Results for 3Q 2020

Sales for 3Q 2020 increased 1.2% to $1,373.4 million, while operating income increased 17.4% to $246.3 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported 2020 third quarter results.   Sales for the third quarter of 2020 increased 1.2% to $1,373.4 million, compared to $1,357.1 million for the third quarter of 2019, with 2.5% organic decline offset by 2.2% acquisition-related growth and 1.5% positive impact from foreign currency translation.   Operating income for the third quarter of 2020 increased 17.4% to $246.3 million compared to $209.8 million for the comparable quarter of 2019. Operating income increased ...

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