Board Change • May 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Mandeep Chawla was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Apr 17
CCL Industries Inc. to Report Q1, 2026 Results on May 13, 2026 CCL Industries Inc. announced that they will report Q1, 2026 results at 5:30 PM, US Eastern Standard Time on May 13, 2026 Bekanntmachung • Mar 03
CCL Industries Inc., Annual General Meeting, May 14, 2026 CCL Industries Inc., Annual General Meeting, May 14, 2026. Location: 111 gordon baker road, suite 801, ontario, m2h 3r1, toronto Canada Bekanntmachung • Feb 28
CCL Industries Inc. announces Quarterly dividend, payable on March 31, 2026 CCL Industries Inc. announced Quarterly dividend of CAD 0.3600 per share payable on March 31, 2026, ex-date on March 17, 2026 and record date on March 17, 2026. Board Change • Jan 22
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Claude Tessier was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Bekanntmachung • Feb 25
CCL Industries Inc., Annual General Meeting, May 08, 2025 CCL Industries Inc., Annual General Meeting, May 08, 2025. Location: 111 gordon baker road, suite 801, ontario, m2h 3r1, toronto Canada Bekanntmachung • Feb 23
CCL Industries Inc. announces Quarterly dividend, payable on March 31, 2025 CCL Industries Inc. announced Quarterly dividend of CAD 0.3200 per share payable on March 31, 2025, ex-date on March 17, 2025 and record date on March 17, 2025. Bekanntmachung • Feb 01
CCL Industries Inc. to Report Q4, 2024 Results on Feb 19, 2025 CCL Industries Inc. announced that they will report Q4, 2024 results at 5:30 PM, US Eastern Standard Time on Feb 19, 2025 Bekanntmachung • Oct 23
CCL Industries Inc. to Report Q3, 2024 Results on Nov 13, 2024 CCL Industries Inc. announced that they will report Q3, 2024 results at 5:30 PM, US Eastern Standard Time on Nov 13, 2024 Bekanntmachung • Sep 13
CCL Industries Inc. Announces the Appointment of David W. Nyland as Director CCL Industries Inc. announced the appointment of Mr. David W. Nyland to the Board of Directors. Mr. Nyland is the Chief Executive Officer of Lumine Group Inc. ("Lumine") and also serves on its Board of Directors. Lumine officially spun out of Constellation Software Inc. in 2023. Since 2014, Mr. Nyland has overseen the sourcing, closing, integration and structuring of 30 acquisitions at Lumine. Mr. Nyland holds a Bachelor of Engineering degree from Brunel University in the U.K. He brings to the Board extensive experience in strategic planning, mergers and acquisitions, technology (including software development, project and product management, artificial intelligence and cybersecurity), and retaining entrepreneurial talent in an organization built by acquisition. Bekanntmachung • Jul 19
CCL Industries Inc. to Report Q2, 2024 Results on Aug 08, 2024 CCL Industries Inc. announced that they will report Q2, 2024 results at 5:30 PM, Eastern Daylight on Aug 08, 2024 Bekanntmachung • May 14
CCL Industries Inc. (TSX: CCL.B) signed a binding agreement to acquire remaining 50% stake in Pacman-CCL from Albwardy Investment. CCL Industries Inc. (TSX: CCL.B) signed a binding agreement to acquire remaining 50% stake in Pacman-CCL from Albwardy Investment on May 13, 2024. The transaction is expected to close this summer, subject to local regulatory procedures in the jurisdictions. Bekanntmachung • May 09
CCL Industries Inc. Approves Dividend on Class A Non-Voting Share and Class B Voting Share, Payable on June 28, 2024 The Board of Directors of CCL Industries Inc. approved a dividend of $0.29 per Class B non-voting share and $0.2875 per Class A voting share to shareholders of record as of June 14, 2024, and payable June 28, 2024. Bekanntmachung • Apr 16
CCL Industries Inc. to Report Q1, 2024 Results on May 08, 2024 CCL Industries Inc. announced that they will report Q1, 2024 results at 5:30 PM, US Eastern Standard Time on May 08, 2024 Bekanntmachung • Feb 24
CCL Industries Inc., Annual General Meeting, May 09, 2024 CCL Industries Inc., Annual General Meeting, May 09, 2024. Location: 111 Gordon Baker Road, Suite 801 M2H 3R1 Toronto Ontario Canada Bekanntmachung • Jan 31
CCL Industries Inc. to Report Q4, 2023 Results on Feb 21, 2024 CCL Industries Inc. announced that they will report Q4, 2023 results at 5:30 PM, Eastern Standard Time on Feb 21, 2024 Bekanntmachung • Dec 19
CCL Industries Inc. to Optimize Innovia Films' Global Capacity CCL Industries Inc. announced that it intends to permanently close its Innovia operation in Merelbeke, Belgium over the course of the 2024 first quarter. Innovia will consolidate all "bubble film" volume into its U.K. and Australian operations, targeting $17 to $20 million of incremental operating income annually once the closure is complete. In the fourth quarter of 2023, the Company expects to record a one-time pre-tax restructuring charge to include both the closure cash costs, largely employee severance accruals in the range of $25 to $30 million and an estimated non-cash, goodwill impairment expense of approximately $120 million for Innovia. Bekanntmachung • Dec 01
CCL Industries Inc. Announces Appointment of Claude Tessier to the Board of Directors CCL Industries Inc. announced the appointment of Mr. Claude Tessier to the Board of Directors. Claude Tessier, CPA, has had a distinguished 35-year career as a senior executive with extensive financial and operations experience in the food and convenience store industries. Mr. Tessier served as Chief Financial Officer of Alimentation Couche-Tard Inc., a multinational operator of convenience stores, mainly operating under the Couche-Tard, Circle K and Ingo brands, from January 2016 until his retirement in July 2023. Prior to joining Alimentation Couche-Tard, Mr. Tessier was President of the IGA Operations Business Unit at Sobeys Inc. from 2012 to 2016, and prior to that was Senior Vice President, Finance & Strategic Planning of Sobeys Québec from 2003 to 2012. Mr. Tessier also served on the Executive Committee of Sobeys Inc. Prior to his roles at Sobeys, Mr. Tessier gained more than 15 years of experience in senior financial leadership positions with Provigo Inc., a Loblaw company, and Costco Wholesale Canada Ltd. Mr. Tessier has also held prior management positions with Mallette International and PricewaterhouseCoopers. Mr. Tessier currently serves on the board of the TMX Group Limited, and is a member of the Derivatives Committee, the Self-Regulatory Oversight Committee, and is Chairman of the Finance and Audit Committee. He also serves on the Board of Hydro Québec and is a member of the Audit Committee. Mr. Tessier is past Chairman of Circle K AS, the European division of Alimentation Couche-Tard Inc. operating Statoil Fuel & Retail ASA, the retail gasoline filling stations. He also served on the board of La Maison de la Sérénité de Laval, a centre providing free-of-charge quality palliative care, and participated, on a yearly basis, in its fundraising campaign.Mr. Tessier received a Bachelor of Accounting degree from the Université du Québec à Montréal in 1986 and has been a member of the Canadian Institute of Chartered Accountants since 1987. He brings to the CCL Board deep financial expertise, as well as extensive experience in capital markets and financings, global mergers and acquisitions, strategic planning, operations and risk management, and governance of publicly traded companies. Bekanntmachung • Nov 10
CCL Industries Inc. Declares Quarterly Dividend, Payable on December 29, 2023 CCL Industries Inc. declared the quarterly dividend at $0.2650 per Class B non-voting share and $0.2625 per Class A voting share, payable to shareholders of record at the close of business on December 15, 2023, to be paid on December 29, 2023. Bekanntmachung • Oct 21
CCL Industries Inc. to Report Q3, 2023 Results on Nov 08, 2023 CCL Industries Inc. announced that they will report Q3, 2023 results at 5:30 PM, US Eastern Standard Time on Nov 08, 2023 Bekanntmachung • Aug 10
CCL Industries Inc. Declares Quarterly Dividend, Payable on September 29, 2023 The Board of Directors of CCL Industries Inc. declared the quarterly dividend at $0.2650 per Class B non-voting share and $0.2625 per Class A voting share, payable to shareholders of record at the close of business on September 15, 2023, to be paid on September 29, 2023. Bekanntmachung • Aug 03
CCL Industries Inc. (TSX:CCL.B) acquired the Intellectual property suite of Imprint Energy Inc. from Imprint Energy, Inc. for $27 million. CCL Industries Inc. (TSX:CCL.B) acquired the Intellectual property suite of Imprint Energy Inc. from Imprint Energy, Inc. for $27 million on August 1, 2023. The R&D team of Imprint Energy, Inc. responsible for the innovation, joined with CCL Industries Inc. (TSX:CCL.B).
CCL Industries Inc. (TSX:CCL.B) completed the acquisition of the Intellectual property suite of Imprint Energy Inc. from Imprint Energy, Inc. on August 1, 2023. Bekanntmachung • Aug 01
CCL Industries Inc. (TSX:CCL.B) acquired Faubel & Co. Nachf. GmbH. CCL Industries Inc. (TSX:CCL.B) acquired Faubel & Co. Nachf. GmbH for approximately CAD 190 million on July 31, 2023. Faubel & Co. Nachf. will trade as CCL Faubel. Faubel & Co. Nachf. has reported revenue of CAD 66 million and EBITDA of CAD 30.7 million in 2022.
CCL Industries Inc. (TSX:CCL.B) completed the acquisition of Faubel & Co. Nachf. GmbH on July 31, 2023. Bekanntmachung • Jul 26
CCL Industries Inc. to Report Q2, 2023 Results on Aug 09, 2023 CCL Industries Inc. announced that they will report Q2, 2023 results at 5:30 PM, US Eastern Standard Time on Aug 09, 2023 Bekanntmachung • Jul 07
CCL Industries Inc. (TSX:CCL.B) acquired Creaprint SL for CAD 38.1 million. CCL Industries Inc. (TSX:CCL.B) acquired Creaprint SL for CAD 38.1 million on July 6, 2023.CCL Industries Inc. (TSX:CCL.B) completed the acquisition of Creaprint SL on July 6, 2023. Bekanntmachung • Jul 06
CCL Industries Inc. (TSX:CCL.B) agreed to acquire Oomph Made Limited for $7.1 million. CCL Industries Inc. (TSX:CCL.B) agreed to acquire Oomph Made Limited for $7.1 million on July 4, 2023. Oomph has Sales for the calendar year 2022 were $6.7 million with an estimated 18% adjusted EBITDA margin. The debt free, all cash consideration, is approximately $7.1 million, subject to customary closing conditions. Bekanntmachung • Jun 17
CCL Industries Inc. (TSX:CCL.B) signed a binding agreement to acquire Pouch Partners s.r.l from Pouch Partners AG for $44 million. CCL Industries Inc. (TSX:CCL.B) signed a binding agreement to acquire Pouch Partners s.r.l from Pouch Partners AG for $44 million on June 16, 2023. The consideration is debt free and is payable in cash. The new business post-closing will trade as CCL Specialty Pouches and become an integral part of CCL Label’s Food & Beverage unit in Europe. In 2022 Pouch Partners generated sales of $104 million and adjusted EBITDA of $6.8 million. The transaction is subject to customary adjustments at closing. The transaction is expected to close in the third quarter of 2023. Bekanntmachung • May 11
CCL Industries Inc. Approves Dividend on Class B Non-Voting Share and Class A Voting Share, Payable on June 30, 2023 The Board of Directors of CCL Industries Inc. approved a dividend of $0.265 per Class B non-voting share and $0.2625 per Class A voting share to shareholders of record as of June 16, 2023, and payable June 30, 2023. Bekanntmachung • Feb 02
CCL Industries Inc. Announces Appointment of Angella V. Alexander as New Director CCL Industries Inc. announced the appointment of Ms. Angella V. Alexander to the Board of Directors. Ms. Alexander is currently Chief Human Resources Officer (CHRO) at ATS Corporation. As CHRO, Ms. Alexander is responsible for the development of the company's people and execution of its sustainability strategies. Prior to joining ATS, Ms. Alexander was Vice President Human Resources, Building Products and Integrated Supply Chain, Home and Building Technologies at Honeywell International Inc. Ms. Alexander has also held various roles of increasing responsibility within human resources at Ford Motor Company where she held leadership positions within the US and Canada, as well as terms in the United Kingdom, Romania and Brazil. Through her career she has gained extensive global experience in industrial manufacturing, organisation transformation, and complex labour-related issues. Ms. Alexander holds a Bachelor of Arts degree in Women's Studies from the University of Rochester and will bring to the Board extensive global expertise in the industrial and manufacturing sectors, particularly in the areas of human resources and talent management, transformative leadership, ESG and sustainability. Board Change • Jan 31
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Linda Cash was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Jan 19
CCL Industries Inc. Announces the Passing of Alan Horn, Member of the Board of Directors CCL Industries Inc. acknowledges the passing of Alan D. Horn, a long serving member of the Board of Directors. During Mr. Horn's time at the Company, which began as a Board member of the Lang family investment company and then, in 2008, evolved to a member of the Company's Board of Directors, his guidance on numerous acquisitions and strategic insights were invaluable to the foundation of the CCL. The Board of Directors and all of the Company's employees express their deepest condolences to his wife Ruth, daughter Susan, and the rest of the Horn family. In recognition of his contributions to CCL, the company will make a donation in his honour. Bekanntmachung • Nov 10
CCL Industries Inc. Declares Quarterly Dividend, Payable on December 29, 2022 The Board of Directors of CCL Industries Inc. declared the quarterly dividend at $0.24 per Class B non-voting share and $0.2375 per Class A voting share, payable to shareholders of record at the close of business on December 15, 2022, to be paid on December 29, 2022. Recent Insider Transactions • Jun 11
Insider recently sold Mex$5.2m worth of stock On the 7th of June, Sebastian Rubino sold around 5k shares on-market at roughly Mex$941 per share. In the last 3 months, there was an even bigger sale from another insider worth Mex$97m. Insiders have been net sellers, collectively disposing of Mex$260m more than they bought in the last 12 months. Upcoming Dividend • Jun 08
Upcoming dividend of CA$0.24 per share Eligible shareholders must have bought the stock before 15 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Mexican dividend payers (5.8%). Lower than average of industry peers (2.6%). Bekanntmachung • Jun 01
CCL Industries Inc. (TSX:CCL.B) acquired Floramedia Group B.V. for $51.6 million CCL Industries Inc. (TSX:CCL.B) acquired Floramedia Group B.V. for $51.6 million on May 31, 2022. The transaction is subject to customary closing conditions. 2021 Floramedia sales were $62 million and adjusted EBITDA of approximately $7.8 million.
CCL Industries Inc. (TSX:CCL.B) completed the acquisition of Floramedia Group B.V. on May 31, 2022. Recent Insider Transactions • May 25
Independent Director recently sold Mex$97m worth of stock On the 16th of May, Alan Horn sold around 105k shares on-market at roughly Mex$924 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$245m more than they bought in the last 12 months. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: CA$0.83 (vs CA$0.82 in 1Q 2021) First quarter 2022 results: EPS: CA$0.83 (up from CA$0.82 in 1Q 2021). Revenue: CA$1.52b (up 13% from 1Q 2021). Net income: CA$150.2m (up 1.6% from 1Q 2021). Profit margin: 9.9% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.3%, compared to a 11% growth forecast for the industry in Mexico. Bekanntmachung • May 13
CCL Industries Inc. Approves Dividend, Payable on June 30, 2022 The Board of Directors of CCL Industries Inc. approved a dividend of $0.24 per Class B non-voting share and $0.2375 per Class A voting share to shareholders of record as of June 16, 2022, and payable June 30, 2022. Bekanntmachung • Apr 06
CCL Industries Inc. (TSX:CCL.B) signed a binding agreement to acquire Adelbras Indústria e Comércio de Adesivos Ltda and Amazon Tape Indústria e Comércio de Fitas Adesivas Ltd for $155.4 million. CCL Industries Inc. (TSX:CCL.B) signed a binding agreement to acquire Adelbras Indústria e Comércio de Adesivos Ltda and Amazon Tape Indústria e Comércio de Fitas Adesivas Ltd for approximately $160 million on April 4,2022. As per the terms the transaction is debt free cash consideration. Fiscal 2021 sales were $105.2 million. the Adelbras team will join CCL. The new business will be headed by Luis Jocionis, Group Vice President CCL Industries South America. The transaction closing is planned for the second quarter of 2022 subject to customary closing conditions. Recent Insider Transactions • Mar 09
Independent Director recently bought Mex$925k worth of stock On the 28th of February, Douglas Muzyka bought around 1k shares on-market at roughly Mex$925 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$158m more in shares than they bought in the last 12 months. Upcoming Dividend • Mar 09
Upcoming dividend of CA$0.24 per share Eligible shareholders must have bought the stock before 16 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Mexican dividend payers (5.4%). Lower than average of industry peers (5.7%). Recent Insider Transactions • Mar 03
Independent Director recently bought Mex$925k worth of stock On the 28th of February, Douglas Muzyka bought around 1k shares on-market at roughly Mex$925 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$160m more in shares than they bought in the last 12 months. Bekanntmachung • Feb 26
CCL Industries Inc., Annual General Meeting, May 12, 2022 CCL Industries Inc., Annual General Meeting, May 12, 2022. Location: at 111 Gordon Baker Road, Suite 801 Toronto Ontario Canada Reported Earnings • Feb 25
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: CA$5.73b (up 9.4% from FY 2020). Net income: CA$599.1m (up 13% from FY 2020). Profit margin: 11% (in line with FY 2020). Revenue exceeded analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 3.6%, compared to a 11% growth forecast for the industry in Mexico. Buying Opportunity • Feb 24
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CA$1,245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.4% per annum over the last 3 years. Bekanntmachung • Jan 09
CCL Industries Inc. (TSX:CCL.B) acquired Mcgavigan Holdings Limited. CCL Industries Inc. (TSX:CCL.B) acquired Mcgavigan Holdings Limited on January 7, 2022. The purchase price consideration, net of cash acquired and debt assumed, is approximately $105.5 million. Geoffrey T. Martin, President and Chief Executive Officer of CCL Industries Inc., commented, we have known McGavigan and its key people for many years, and are very pleased to welcome the team to CCL where they will continue to focus on innovative specialty product designs for automotive interiors.
CCL Industries Inc. (TSX:CCL.B) completed the acquisition of Mcgavigan Holdings Limited on January 7, 2022. Bekanntmachung • Dec 31
CCL Industries Inc. (TSX:CCL.B) completed the acquisition of Forever Blue Investimentos E Participacoes S.A. CCL Industries Inc. (TSX:CCL.B) signed a binding agreement to acquire Forever Blue Investimentos E Participacoes S.A for CAD 19.1 million on December 20, 2021. The consideration is subject to customer closing adjustments. Closing is expected within the next thirty days.
CCL Industries Inc. (TSX:CCL.B) completed the acquisition of Forever Blue Investimentos E Participacoes S.A on December 30, 2021. Bekanntmachung • Dec 22
CCL Industries Inc. (TSX:CCL.B) signed a binding agreement to acquire Forever Blue Investimentos E Participacoes S.A for CAD 19.1 million. CCL Industries Inc. (TSX:CCL.B) signed a binding agreement to acquire Forever Blue Investimentos E Participacoes S.A for CAD 19.1 million on December 20, 2021. The consideration is subject to customer closing adjustments. Closing is expected within the next thirty days. Recent Insider Transactions • Dec 18
Vice President of Corporate Accounting recently bought Mex$516k worth of stock On the 14th of December, Nicolangelo Vecchiarelli bought around 500 shares on-market at roughly Mex$1,033 per share. In the last 3 months, there was an even bigger purchase from another insider worth Mex$1.0m. Despite this recent purchase, insiders have collectively sold Mex$171m more in shares than they bought in the last 12 months.