CCL Industries (TSE:CCL.A) Announces Quarterly Earnings Results

CCL Industries (TSE:CCL.AGet Free Report) released its earnings results on Wednesday. The company reported C$1.20 EPS for the quarter, FiscalAI reports. The firm had revenue of C$1.94 billion for the quarter. CCL Industries had a return on equity of 14.28% and a net margin of 9.80%.

CCL Industries Stock Performance

TSE CCL.A opened at C$85.82 on Thursday. The stock has a market capitalization of C$14.86 billion, a price-to-earnings ratio of 18.78 and a beta of 0.50. The stock’s 50 day moving average price is C$87.36 and its two-hundred day moving average price is C$85.54. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. CCL Industries has a 52 week low of C$75.49 and a 52 week high of C$90.85.

CCL Industries Company Profile

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CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions.

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