Announcement • 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 Announcement • 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 Announcement • 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. Announcement • Nov 12
CCL Industries Inc. Declares Quarterly Dividend on Class B Non-Voting Share and Class A Voting Share, Payable on December 30, 2025 CCL Industries Inc. Board of Directors declared the quarterly dividend at $0.32 per Class B non-voting share and $0.3175 per Class A voting share, payable to shareholders of record at the close of business on December 16, 2025, to be paid on December 30, 2025. Announcement • Aug 16
CCL Industries Inc. announces Quarterly dividend, payable on September 29, 2025 CCL Industries Inc. announced Quarterly dividend of CAD 0.3200 per share payable on September 29, 2025, ex-date on September 15, 2025 and record date on September 15, 2025. Announcement • Jul 18
CCL Industries Inc. to Report Q2, 2025 Results on Aug 13, 2025 CCL Industries Inc. announced that they will report Q2, 2025 results at 5:30 PM, US Eastern Standard Time on Aug 13, 2025 Announcement • Jun 03
CCL Industries Inc. (TSX:CCL.B) agreed to acquire Humphreys Holdings Ltd for CAD 5.6 million. CCL Industries Inc. (TSX:CCL.B) agreed to acquire Humphreys Holdings Ltd for CAD 5.6 million on June 2, 2025. The debt free, all cash consideration, is approximately $5.6 million, subject to customary closing conditions.
For the period ending December 31, 2024, Humphreys Holdings Ltd reported total revenue of CAD 4.1 million. Announcement • Apr 10
CCL Industries Inc. to Report Q1, 2025 Results on May 07, 2025 CCL Industries Inc. announced that they will report Q1, 2025 results at 5:30 PM, US Eastern Standard Time on May 07, 2025 Announcement • 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 Announcement • 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. Announcement • 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 Reported Earnings • Nov 14
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: CA$1.85b (up 9.4% from 3Q 2023). Net income: CA$191.7m (up 13% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Packaging industry in Europe. Announcement • 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 Recent Insider Transactions • Sep 25
Insider recently sold €542k worth of stock On the 23rd of September, Derek Cumming sold around 10k shares on-market at roughly €54.19 per share. This transaction amounted to 52% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €863k. Insiders have been net sellers, collectively disposing of €14m more than they bought in the last 12 months. Announcement • 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. Recent Insider Transactions • Sep 08
President of Food & Beverage recently sold €534k worth of stock On the 5th of September, Gunther Birkner sold around 10k shares on-market at roughly €53.36 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €863k. Insiders have been net sellers, collectively disposing of €13m more than they bought in the last 12 months. Upcoming Dividend • Sep 06
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.5%). Declared Dividend • Aug 15
Second quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.4% over the next year, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Aug 13
VP & General Counsel recently sold €863k worth of stock On the 12th of August, Mark McClendon sold around 18k shares on-market at roughly €48.74 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.4m. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: CA$1.56 (vs CA$0.88 in 2Q 2023) Second quarter 2024 results: EPS: CA$1.56 (up from CA$0.88 in 2Q 2023). Revenue: CA$1.85b (up 12% from 2Q 2023). Net income: CA$279.5m (up 79% from 2Q 2023). Profit margin: 15% (up from 9.5% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year. Announcement • 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 Recent Insider Transactions • Jun 09
President of Food & Beverage recently sold €1.4m worth of stock On the 5th of June, Gunther Birkner sold around 30k shares on-market at roughly €47.39 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.7m. Insiders have been net sellers, collectively disposing of €9.4m more than they bought in the last 12 months. Upcoming Dividend • Jun 07
Upcoming dividend of CA$0.29 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.4%). Recent Insider Transactions • May 22
Insider recently sold €1.4m worth of stock On the 17th of May, James Sellors sold around 30k shares on-market at roughly €48.23 per share. This transaction amounted to 73% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €8.0m more than they bought in the last 12 months. Recent Insider Transactions • May 14
Insider recently sold €1.7m worth of stock On the 10th of May, Lee Pretsell sold around 35k shares on-market at roughly €48.54 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.9m. Insiders have been net sellers, collectively disposing of €6.7m more than they bought in the last 12 months. Announcement • 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. Declared Dividend • May 13
First quarter dividend of CA$0.29 announced Shareholders will receive a dividend of CA$0.29. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 09
First quarter 2024 earnings released First quarter 2024 results: Revenue: CA$1.74b (up 5.2% from 1Q 2023). Net income: CA$192.1m (up 15% from 1Q 2023). Profit margin: 11% (up from 10% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Packaging industry in Europe. Announcement • 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. Announcement • 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 Announcement • 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 Announcement • 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 Announcement • 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. Upcoming Dividend • Dec 07
Upcoming dividend of CA$0.27 per share at 1.8% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (3.8%). Announcement • 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. Announcement • 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. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: CA$0.95 (vs CA$0.92 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.95 (up from CA$0.92 in 3Q 2022). Revenue: CA$1.69b (up 2.0% from 3Q 2022). Net income: CA$169.1m (up 3.2% from 3Q 2022). Profit margin: 10.0% (in line with 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • 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 Upcoming Dividend • Sep 07
Upcoming dividend of CA$0.27 per share at 1.8% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Announcement • 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. Reported Earnings • Aug 10
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: CA$1.64b (up 1.8% from 2Q 2022). Net income: CA$155.9m (down 4.6% from 2Q 2022). Profit margin: 9.5% (in line with 2Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year. Announcement • 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. Announcement • 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. Announcement • 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 Announcement • 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. Buying Opportunity • Jul 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.3%. The fair value is estimated to be €55.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 4.0% in a year. Earnings is forecast to grow by 6.6% in the next year. Announcement • 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. Upcoming Dividend • Jun 08
Upcoming dividend of CA$0.27 per share at 1.7% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.3%). Buying Opportunity • May 31
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.6%. The fair value is estimated to be €54.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 3.8% in a year. Earnings is forecast to grow by 6.6% in the next year. Recent Insider Transactions • May 15
Independent Director recently sold €83k worth of stock On the 12th of May, Thomas Peddie sold around 2k shares on-market at roughly €45.99 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €900k. Insiders have been net sellers, collectively disposing of €8.2m more than they bought in the last 12 months. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: CA$0.94 (vs CA$0.83 in 1Q 2022) First quarter 2023 results: EPS: CA$0.94 (up from CA$0.83 in 1Q 2022). Revenue: CA$1.65b (up 8.6% from 1Q 2022). Net income: CA$166.4m (up 11% from 1Q 2022). Profit margin: 10% (in line with 1Q 2022). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Announcement • 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. Buying Opportunity • Apr 18
Now 20% undervalued Over the last 90 days, the stock is up 8.2%. The fair value is estimated to be €56.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 8.0% in 2 years. Earnings is forecast to grow by 13% in the next 2 years. Recent Insider Transactions • Apr 13
VP & General Counsel recently sold €204k worth of stock On the 6th of April, Mark McClendon sold around 5k shares on-market at roughly €45.37 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €900k. Insiders have been net sellers, collectively disposing of €8.1m more than they bought in the last 12 months. Buying Opportunity • Mar 25
Now 21% undervalued Over the last 90 days, the stock is up 8.5%. The fair value is estimated to be €54.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 7.9% in 2 years. Earnings is forecast to grow by 13% in the next 2 years. Upcoming Dividend • Mar 09
Upcoming dividend of CA$0.27 per share at 1.6% yield Eligible shareholders must have bought the stock before 16 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.2%). Buying Opportunity • Mar 08
Now 20% undervalued Over the last 90 days, the stock is up 4.2%. The fair value is estimated to be €56.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 11%. Revenue is forecast to grow by 7.9% in 2 years. Earnings is forecast to grow by 13% in the next 2 years. Recent Insider Transactions • Mar 04
Insider recently sold €900k worth of stock On the 28th of February, James Sellors sold around 20k shares on-market at roughly €45.00 per share. This transaction amounted to 64% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.9m more than they bought in the last 12 months. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: CA$3.50 (vs CA$3.33 in FY 2021) Full year 2022 results: EPS: CA$3.50 (up from CA$3.33 in FY 2021). Revenue: CA$6.38b (up 11% from FY 2021). Net income: CA$622.7m (up 3.9% from FY 2021). Profit margin: 9.8% (in line with FY 2021). Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Announcement • 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. Announcement • 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. Upcoming Dividend • Dec 07
Upcoming dividend of CA$0.24 per share Eligible shareholders must have bought the stock before 14 December 2022. Payment date: 29 December 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.1%). Board Change • Nov 16
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. 5 experienced directors. 4 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. Reported Earnings • Nov 11
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CA$1.66b (up 11% from 3Q 2021). Net income: CA$163.9m (up 6.9% from 3Q 2021). Profit margin: 9.9% (in line with 3Q 2021). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Packaging industry in Europe. Recent Insider Transactions • Sep 24
Insider recently sold €487k worth of stock On the 19th of September, Sebastian Rubino sold around 10k shares on-market at roughly €51.01 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.9m more than they bought in the last 12 months. Recent Insider Transactions • Sep 16
Independent Director recently sold €79k worth of stock On the 12th of September, Thomas Peddie sold around 2k shares on-market at roughly €52.42 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.3m more than they bought in the last 12 months. Upcoming Dividend • Sep 07
Upcoming dividend of CA$0.24 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.2%). Board Change • Aug 17
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. 5 experienced directors. 4 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. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: CA$0.91 (vs CA$0.85 in 2Q 2021) Second quarter 2022 results: EPS: CA$0.91 (up from CA$0.85 in 2Q 2021). Revenue: CA$1.62b (up 15% from 2Q 2021). Net income: CA$163.4m (up 6.8% from 2Q 2021). Profit margin: 10% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 6.2%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 7% per year. Recent Insider Transactions • Jun 11
Insider recently sold €246k worth of stock On the 7th of June, Sebastian Rubino sold around 5k shares on-market at roughly €44.91 per share. In the last 3 months, there was an even bigger sale from another insider worth €4.6m. Insiders have been net sellers, collectively disposing of €12m 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 German dividend payers (4.2%). Lower than average of industry peers (2.9%). Recent Insider Transactions • May 20
Independent Director recently sold €4.6m worth of stock On the 16th of May, Alan Horn sold around 105k shares on-market at roughly €44.24 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €11m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improved over the past week After last week's 16% share price gain to €45.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Packaging industry in Europe. Total returns to shareholders of 20% over the past three years. 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 stay flat compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Mar 23
CCL Industries Inc. to Report Q4, 2022 Results on Feb 23, 2023 CCL Industries Inc. announced that they will report Q4, 2022 results on Feb 23, 2023 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 German dividend payers (3.6%). Lower than average of industry peers (3.1%). 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 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Dec 07
Upcoming dividend of CA$0.21 per share Eligible shareholders must have bought the stock before 14 December 2021. Payment date: 29 December 2021. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.4%). Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS CA$0.85 (vs CA$0.86 in 3Q 2020) The company reported a solid third quarter result with improved revenues, although earnings and profit margins were flat. Third quarter 2021 results: Revenue: CA$1.49b (up 8.4% from 3Q 2020). Net income: CA$153.3m (flat on 3Q 2020). Profit margin: 10% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Upcoming Dividend • Sep 08
Upcoming dividend of CA$0.21 per share Eligible shareholders must have bought the stock before 15 September 2021. Payment date: 30 September 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.1%). Recent Insider Transactions • Sep 04
Insider recently sold €1.4m worth of stock On the 1st of September, James Sellors sold around 30k shares on-market at roughly €48.14 per share. In the last 3 months, there was an even bigger sale from another insider worth €3.5m. Insiders have been net sellers, collectively disposing of €9.3m more than they bought in the last 12 months. Recent Insider Transactions • Aug 14
President of Food & Beverage recently sold €3.5m worth of stock On the 11th of August, Gunther Birkner sold around 70k shares on-market at roughly €49.64 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.7m more than they bought in the last 12 months. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS CA$0.85 (vs CA$0.58 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CA$1.41b (up 15% from 2Q 2020). Net income: CA$153.0m (up 47% from 2Q 2020). Profit margin: 11% (up from 8.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year. Recent Insider Transactions • Jul 01
Insider recently sold €333k worth of stock On the 25th of June, Sebastian Rubino sold around 7k shares on-market at roughly €47.53 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.2m more than they bought in the last 12 months. Upcoming Dividend • Jun 08
Upcoming dividend of CA$0.21 per share Eligible shareholders must have bought the stock before 15 June 2021. Payment date: 30 June 2021. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.6%). Executive Departure • May 20
Independent Director has left the company On the 14th of May, Mandy Shapansky's tenure as Independent Director ended after 6.9 years in the role. We don't have any record of a personal shareholding under Mandy's name. Mandy is the only executive to leave the company over the last 12 months. Reported Earnings • May 13
First quarter 2021 earnings released: EPS CA$0.82 (vs CA$0.71 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CA$1.35b (up 4.1% from 1Q 2020). Net income: CA$147.8m (up 17% from 1Q 2020). Profit margin: 11% (up from 9.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Recent Insider Transactions • Mar 19
Insider recently sold €175k worth of stock On the 17th of March, Kamal Kotecha sold around 4k shares on-market at roughly €46.63 per share. In the last 3 months, there was an even bigger sale from another insider worth €442k. Insiders have been net sellers, collectively disposing of €3.3m more than they bought in the last 12 months. Recent Insider Transactions • Mar 04
Insider recently sold €442k worth of stock On the 1st of March, Scott Mitchell-Harris sold around 10k shares on-market at roughly €44.15 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.1m more than they bought in the last 12 months.