Industry News, Printers News

CCL Industries Reports Record Quarterly Results

Sales for the first quarter of 2016 increased 22.8% to $866.8 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

CCL Industries Inc. reported its first quarter fionancial rsults for 2016. Sales for the first quarter of 2016 increased 22.8% to $866.8 million, compared to $705.9 million for the first quarter of 2015, with 4.5% organic growth, 6.5% positive currency translation impact and 11.8% from the 11 acquisitions completed since Dec. 31, 2014. Operating incomefor the first quarter of 2016 was $149.9 million, an increase of 28.0% compared to $117.1 million for the comparable quarter of 2015. Excluding...

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