Ccl Industries Announces Record Results For 2024 Second Quarter

WEB CCL Industries Announces Record Results for 2024 Second Quarter

Record Sales, Earnings Drive Strong Financial Performance

Company Reports 25.6% Increase in Adjusted Basic Earnings per Share

[City, State] – [Date] – WEB CCL Industries, a leading manufacturer of specialty packaging and labels, today reported record results for the 2024 second quarter.

Sales for the second quarter of 2024 reached $3.113 billion, representing a significant 11.3% increase compared to the same period last year. This growth was driven by strong demand for the company's products across various sectors, including consumer packaging, healthcare, and automotive.

Net earnings for the quarter jumped by an impressive 79.3% to $2.795 billion, compared to $1.559 billion in the second quarter of 2023. This remarkable growth reflects the company's ongoing efforts to optimize operations, enhance productivity, and drive innovation.

Adjusted basic earnings per share, a key metric for investors, rose by an impressive 25.6% to $3.113 for the second quarter of 2024, compared to $2.482 per share in the corresponding quarter last year.

WEB CCL Industries attributes its strong performance to its commitment to customer service, operational excellence, and product innovation. The company continues to invest heavily in capacity expansion, technology advancements, and strategic acquisitions to further enhance its position as a global leader in the packaging industry.

WEB CCL Industries currently employs approximately 26,000 people and operates 213 production facilities in 43 countries. The company's corporate headquarters are located in [City, State].