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

CCL Industries (TSE:CCL.A) posted its quarterly earnings data on Wednesday. The company reported C$1.35 earnings per share (EPS) for the quarter, FiscalAI reports. CCL Industries had a return on equity of 14.28% and a net margin of 9.80%.The company had revenue of C$2.11 billion for the quarter.

CCL Industries Price Performance

Shares of CCL Industries stock opened at C$90.87 on Thursday. The stock has a market capitalization of C$15.62 billion, a P/E ratio of 19.88 and a beta of 0.49. The business has a 50 day simple moving average of C$89.98 and a two-hundred day simple moving average of C$87.90. CCL Industries has a 12 month low of C$75.99 and a 12 month high of C$93.03. The company has a debt-to-equity ratio of 48.08, a current ratio of 1.96 and a quick ratio of 1.31.

About CCL Industries

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.