CCL Industries Inc (TSX:CCL.A)
C$ 83.99 0 (0%) Market Cap: 14.55 Bil Enterprise Value: 16.31 Bil PE Ratio: 22.34 PB Ratio: 2.98 GF Score: 88/100
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Q2 2021 CCL Industries Inc Earnings Call Transcript

Aug 06, 2021 / 11:30AM GMT
Release Date Price: C$74.69 (+3.85%)
Operator

Good morning, ladies and gentlemen. Welcome to CCL Industries' second quarter investor update. (Operator Instructions)

The moderator for today is 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

Thank you. Good morning, everyone. Welcome to our second quarter conference call. We'll jump right in here.

Starting on Page 2, we have a 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 2020 annual MD&A, particularly the section risks and uncertainties. Our annual and quarterly reports can be found online on the company's website, cclind.com or on sedar.com.

Moving to Slide 3. For the second quarter of 2021, sales increased 15.1% and with organic growth of 20.5%, acquisition-related growth of 1.5%,

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