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Sales increased 8.4% on 10.3% organic growth, 2.2% acquisition growth partially offset by 4.1% negative currency translation.
November 12, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. reported 2021 third quarter results. Sales for the third quarter of 2021 increased 8.4% to $1,488.2 million compared to $1,373.4 million for the third quarter of 2020, with organic growth of 10.3% and acquisi-tion-related growth of 2.2%, partially offset by 4.1% negative impact from foreign currency translation. Operating income for the third quarter of 2021 declined 9.1% to $223.9 million com-pared to $246.3 million for the comparable quarter of 2020. “I am pleased to rep...
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