Overview

* CCL Industries ( CCLLF ) Q2 sales rise 4.8% to C$1.93 bln, beating estimates

* Adjusted EPS up 8% to C$1.22, basic EPS down 22.4%

* The Toronto-headquartered company returned C$155.8 mln to shareholders in dividends and buybacks

Outlook

* Company expects modest currency translation tailwind for Q3 2025 earnings

* Company well positioned for global expansion with C$962.5 mln cash-on-hand

* CCL expects continued profitability improvements in CCL Design and Innovia segments

* Company anticipates challenging conditions for Avery due to US tariffs

Result Drivers

* SALES GROWTH - Sales increased 4.8% driven by 2.0% organic growth, 1.0% acquisition growth, and 1.8% positive currency translation

* SEGMENT PERFORMANCE - Strong results in CCL, Checkpoint, and Innovia segments, with CCL benefiting from aluminum container demand and electronics market gains

* TARIFF IMPACT - Avery's sales declined due to unplanned tariff costs and lower back-to-school shipments, impacting profitability

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat C$1.93 C$1.91

bln bln (9

Analysts

)

Q2 Net C$213.10

Income mln

Q2 Gross C$588.30

Profit mln

Q2 C$284.50

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$91.50, about 12.4% above its August 13 closing price of C$80.13

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

Press Release:

(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.)