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Sales for 3Q 2017 increased 10.8% to $1,206.8 million, primarily driven by the Innovia acquisition.
November 9, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. reported 2017 third quarter results. Sales for the third quarter of 2017 increased 10.8% to $1,206.8 million, compared to $1,089.3 million for the third quarter of 2016, with 0.5% organic growth and 12.4% acquisition-related growth, primarily driven by the Innovia Group of Companies acquired on Feb. 28, 2017. Operating income for the third quarter of 2017 was $185.3 million, an increase of 23.8% compared to $149.7 million for the comparable quarter of 2016. Net earnin...
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