Industry News, Printers News

CCL Industries Reports Record Quarterly Earnings

Board of Directors approves a 20 percent dividend increase

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported that sales for the second quarter of 2014 increased 80.0% to $650.4 million, compared to $361.4 million for the second quarter of 2013, with 6.2% organic growth, 6.7% positive currency translation and the balance primarily from the Avery, DES, Dekopak and Sancoa acquisitions. For the six months ended June 30, 2014, sales increased 66.4%, excluding foreign currency translation, compared to the 2013 six-month period.   Operating income for the second quarter of 2014 ...

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