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

CCL Industries (TSE:CCL.A) posted its quarterly earnings data on Wednesday. The company reported C$0.99 earnings per share (EPS) for the quarter, FiscalAI reports. CCL Industries had a net margin of 9.80% and a return on equity of 14.28%. The company had revenue of C$1.88 billion for the quarter.

CCL Industries Stock Performance

TSE:CCL.A remained flat at C$86.29 during mid-day trading on Thursday. The company has a debt-to-equity ratio of 48.08, a quick ratio of 1.31 and a current ratio of 1.96. The stock has a market capitalization of C$14.95 billion, a price-to-earnings ratio of 18.80 and a beta of 0.39. CCL Industries has a 12-month low of C$66.28 and a 12-month high of C$89.05. The business has a 50 day simple moving average of C$86.08 and a two-hundred day simple moving average of C$81.71.

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.