Education
About Us
Working with TipRanks
Follow Us
Ccl Industries Inc. Cl. A (TSE:CCL.A)
:CCL.A
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.1Last Year’s EPS
1.07Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: 3.47%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with substantial increases in sales, net earnings, and shareholder returns. However, the company faces challenges in specific segments and regions, with some impact from start-up costs and market conditions.Company Guidance
During CCL Industries' fourth quarter investor update, the company reported several key financial metrics and strategic developments. For the fourth quarter of 2024, CCL achieved a 9% increase in sales, reaching $1.81 billion, with 6.8% organic growth, 1.4% from acquisitions, and a 0.8% positive impact from foreign currency translation. Operating income rose to $267.9 million, marking a 5% increase from the previous year. The net earnings for the quarter were significantly higher at $179.8 million compared to $38.8 million in the fourth quarter of 2023, partly due to a $95 million goodwill impairment charge in 2023. The company recorded a consolidated EBITDA growth of 7% and a reduction in the effective tax rate to 22.9%. CCL's free cash flow from operations was $261.7 million for the quarter. For the full year 2024, sales, operating income, and net income increased by 8%, 13%, and 60%, respectively. The company repurchased 2.6 million shares, with a 9.4% increase in the annual dividend, totaling $407 million returned to shareholders. Capital expenditures were around $457 million in 2024, with a forecast of $485 million for 2025, including investments in a new plant in Vietnam. Despite an increase in net debt to $1.62 billion, CCL maintained a strong balance sheet with a leverage ratio of 1.08x and robust liquidity.Sales and Organic Growth Increase
Sales increased 9% in Q4 2024, with 6.8% organic growth, leading to $1.81 billion in sales compared to $1.66 billion in Q4 2023.
Significant Increase in Net Earnings
Net earnings for Q4 2024 were $179.8 million, a substantial increase from $38.8 million in Q4 2023, impacted by a prior goodwill impairment charge.
Strong Performance of Innovia Segment
Innovia saw strong volume growth in North America, profitability boosts from productivity, and share gains, especially in the label segment.
Solid Free Cash Flow
Free cash flow from operations was $606.5 million for 2024, up from $559.6 million in 2023.
Increased Returns to Shareholders
The company repurchased 2.6 million shares and increased the annual dividend by 9.4%, returning $407 million to shareholders in 2024.
Strong Balance Sheet and Liquidity
Liquidity was robust with $829 million of cash on hand, and a balance sheet leverage ratio of approximately 1.08x.
---
TSE:CCL.A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TSE:CCL.A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | C$71.99 | C$73.49 | +2.08% |
| Nov 13, 2024 | C$82.42 | C$78.24 | -5.07% |
| Aug 08, 2024 | C$71.54 | C$73.75 | +3.09% |
| May 08, 2024 | C$73.64 | C$72.41 | -1.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Ccl Industries Inc. Cl. A (TSE:CCL.A) report earnings?
Ccl Industries Inc. Cl. A (TSE:CCL.A) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Ccl Industries Inc. Cl. A (TSE:CCL.A) earnings time?
Ccl Industries Inc. Cl. A (TSE:CCL.A) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:CCL.A EPS forecast?
TSE:CCL.A EPS forecast for the fiscal quarter 2025 (Q1) is 1.1.
---