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Fourth quarter sales increased 5.7% to $1,350.6 million, while operating income improved 22.7%.
March 1, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Headlined by its diverse portfolio, including Checkpoint’s RFID systems, CCL Industries Inc. reported fourth quarter and annual financial results for 2020. Sales for the fourth quarter of 2020 increased 5.7% to $1,350.6 million, compared to $1,277.9 million for the fourth quarter of 2019. Operating income for the fourth quarter of 2020 increased 22.7% to $213.3 million compared to $173.9 million for the comparable quarter of 2019. Net earnings increased 39.8% to $145.9 million ...
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