2024-05-31 10:30:00 ET
Summary
- CCL Industries is a major player in RF and RFID technology for theft reduction and is the world's largest converter of film materials for packaging and labels.
- The company reported strong financial results for Q1 2024, with increased gross profit and pre-tax income.
- CCL Industries continues to invest in growth, which explains why the capex is relatively high.
Introduction
CCL Industries ( CCDBF ) ( CCL.B:CA ) ( CCL.A:CA ) is an increasingly important player in the RF and RFID technology used by stores to reduce the amount of theft. On top of that, the company is the world’s largest converter of pressure sensitive and extruded film materials for a wide range of applications in the consumer packaging, healthcare and chemicals sector while it also is an important producer of labels....
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For further details see:
CCL Industries: Growth Investments Are Paying Off