Ccl industries announces 2024 third quarter results

Third quarter highlights per class b share(3): $1.09 adjusted basic earnings up 14.7%; $1.08 basic earnings up 13.7%; currency translation negative $0.01 per share sales increased 9.4% on 6.9% organic growth, 1.8% acquisition growth and 0.7% positive currency translation ccl, avery, checkpoint and innovia posted organic sales growth of 4.9%, 3.0%, 14.5% and 18.0%, respectively operating income(1) improved 12.8%, with a 15.6% operating margin(1) up 50 bps nine-month highlights per class b share(3): $3.30 adjusted basic earnings up 18.3%; $3.72 basic earnings up 34.3%; $0.44 revaluation gain included in basic earnings; currency translation negative $0.01 per share sales increased 8.9% on 5.8% organic growth, 2.6% acquisition growth and 0.5% positive currency translation operating income(1) improved 15.7%, with a 16.1% operating margin(1) up 90 bps toronto, on / accesswire / november 13, 2024 / ccl industries inc. (tsx:ccl.a)(tsx:ccl.b)("the company"), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, today reported 2024 third quarter results. sales for the third quarter of 2024 increased 9.4% to $1,849.7 million compared to $1,690.5 million for the third quarter of 2023, with an organic growth rate of 6.9%, acquisition-related growth of 1.8% and a 0.7% positive impact from foreign currency translation.
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