We feel BEARISH on the markets.
“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger
CCL Industries Inc. is engaged in specialty packaging. The Company operates through three segments: the Label Segment, Avery and the Container Segment.
Discount: N/A
Average yearly return: 41%
Yield: 0.8%
Outperformer
On May 10, 2017 CCL Industries Inc Reported 2017 first quarter results. Sales for the first quarter of 2017 increased 22.5% to $1,061.5 million, compared to $866.8 million for the first quarter of 2016. Operating income for the first quarter of 2017 was $158.9 million, an increase of 6.0% compared to $149.9 million for the comparable quarter of 2016.
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