CCL Industries Inc (STU:1C9)
€ 55.5 -0.5 (-0.92%) Market Cap: 9.73 Bil Enterprise Value: 10.91 Bil PE Ratio: 22.34 PB Ratio: 2.98 GF Score: 86/100
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Q2 2023 CCL Industries Inc Earnings Call Transcript

Aug 10, 2023 / 11:30AM GMT
Release Date Price: €42.2
Operator

Good morning, and welcome to CCL Industries' Second Quarter Investor Update. Please note that there will be a question-and-answer session after the call.

The moderator for today is Mr. Geoff Martin, President and Chief Executive Officer; and joining him is Mr. Sean Washchuk, Senior Vice President and Chief Financial Officer. Please go ahead, gentlemen.

Sean P. Washchuk
CCL Industries Inc. - Senior VP & CFO

Good morning, and welcome to our second quarter conference call. I'd like to turn everyone's attention to Slide #2 of the presentation, and you can see our disclaimer regarding forward-looking information. I'll remind everyone that our business faces known and unknown risks and opportunities. For further details of these key risks, please take a look at our 2022 annual report under the section risks and uncertainties.

Our annual and quarterly reports can be found online at the company's website, cclind.com or on sedar.com.

Moving to Slide 3, our summary of financial information. For the second quarter of 2023, sales increased

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