Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

CCL Industries Inc. (T:CCL.B)

Business Focus: Non-Paper Containers & Packaging (NEC)

Sector:  Basic Materials Industry:  Non-Paper Containers & Packaging
 
Company Contact
Address: 111 Gordon Baker Rd Suite 801
NORTH YORK ON M2H 3R1
Tel: N/A
Website: https://cclind.com
IR: See website
Key People
Donald G. Lang
Executive Chairman of the Board
Nick Vecchiarelli
Vice President - Corporate Accounting
Geoffrey T. Martin
President, Chief Executive Officer, Director
Sean P. Washchuk
Chief Financial Officer, Senior Vice President
Guenther Johann Birkner
President - Food & Beverage, Healthcare & Specialty and Innovia Films Worldwide
Ben Rubino
President - Home & Personal Care Worldwide
Lalitha Vaidyanathan
Senior Vice President - Finance-IT-Human Resources
James Andrew Sellors
Senior Vice President, Asia Pacific
Mark A. Mcclendon
Vice President, General Counsel
Kamal Kotecha
Vice President - Taxation
   
Business Overview
CCL Industries Inc. is a Canada-based company, which provides specialty label, security, and packaging solutions. The Company provides its solutions to global corporations, government institutions, small businesses, and consumers. The Company operates through four segments: CCL, Avery, Checkpoint, and Innovia. Its CCL segment is a converter of pressure sensitive, and specialty extruded film materials for a range of decorative, instructional, functional and security applications. Its Avery segment is a supplier of labels, specialty converted media and software solutions. Its Checkpoint segment is a developer of radio frequency (RF) and radio frequency identification (RFID) based technology systems for loss prevention and inventory management applications, including labeling and tagging solutions, for the retail and apparel industries. Its Innovia segment is a producer of specialty and layered surface engineered films for label, packaging, and security applications.
Financial Overview
For the three months ended 31 March 2024, CCL Industries Inc. revenues increased 5% to C$1.74B. Net income increased 15% to C$192.1M. Revenues reflect CCL segment increase of 8% to C$1.09B, checkpoint segment increase of 7% to C$224.7M. Net income benefited from CCL segment income increase of 7% to C$177.6M, checkpoint segment income increase of 20% to C$37M, Innovia segment income increase of 50% to C$16.4M.
Employees: 16,100 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $14,241M as of Mar 31, 2024
Annual revenue (TTM): $6,735M as of Mar 31, 2024
EBITDA (TTM): $1,366M as of Mar 31, 2024
Net annual income (TTM): $555.90M as of Mar 31, 2024
Free cash flow (TTM): $358.90M as of Mar 31, 2024
Net Debt Last Fiscal Year: $1,609M as of Mar 31, 2024
Shares outstanding: 179,334,642 as of May 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization