Industry News

CCL Industries Reports Adjusted Net Earnings of $0.82 Per Share for the Second Quarter and Declares Dividend

Eleventh consecutive period of year-over-year improvement in quarterly adjusted EPS

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported sales for the second quarter of 2013 were $361.4 million, an increase of 7.2%, compared to the $337.1 million for the second quarter of 2012. Excluding the impact of foreign currency translation, sales increased 2.7% organically with an additional 2.7% increase from the acquisitions of Graphitype in July 2012 and INT Autotechnik in April 2013. For the six months ended June 30, 2013, sales increased 5.8%, excluding foreign currency translation, compared to the 2012 si...

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