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Sales increased 34% to $1,089.3 million, largely driven by addition of Checkpoint Systems.
November 10, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
CCL Industries Inc. reported 2016 third quarter and nine month results. Sales for the third quarter of 2016 increased 34.0% to $1,089.3 million, compared to $812.9 million for the third quarter of 2015, with 0.4% organic growth, 1.1% negative currency translation impact and 34.7% acquisition-related growth, primarily driven by the May 13, 2016 acquisition of Checkpoint Systems, Inc. and Nov 6, 2015 acquisition of Worldmark Ltd. Operating income for the third quarter of 2016 was $149.7 mi...
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