Overview

* CCL Industries ( CCLLF ) Q3 sales rose 6.3%, beating analyst expectations

* Adjusted EPS for Q3 increased 11% yr/yr, reflecting strong operational performance

* Company returned C$155.8 mln to shareholders via dividends and share repurchases

Outlook

* Company expects modest currency translation tailwind for Q4 2025 earnings

* Company well-positioned for global expansion with C$1.1 bln cash-on-hand

* Company sees geopolitical and trade environment as challenging

Result Drivers

* CCL SEGMENT PERFORMANCE - CCL Segment achieved 6.6% organic sales growth, driven by strong sales in aluminum aerosols, bottles, and label sales in the Middle East and Asia

* CHECKPOINT IMPROVEMENT - Checkpoint's results improved due to strong gains in Europe and Asia, offsetting lower North American profitability

* INNOVIA CHALLENGES - Innovia's sales declined 3.6% due to startup costs in Germany, despite productivity gains in the UK and growth in Poland

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat C$1.97 C$1.92

bln bln (9

Analysts

)

Q3 Net C$210.80

Income mln

Q3 Gross C$595

Profit mln

Q3 C$282.40

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the non-paper containers & packaging peer group is "buy"

* Wall Street's median 12-month price target for CCL Industries Inc ( CCLLF ) is C$92.50, about 13.7% above its November 10 closing price of C$79.87

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)