CCL Industries Inc. (OTCPK:CCDBF) Q2 2025 Earnings Conference Call August 14, 2025 7:30 AM ET
Company Participants
Geoffrey T. Martin – President, CEO & Director
Sean P. Washchuk – Senior VP & CFO
Conference Call Participants
Ahmed Abdullah – National Bank Financial, Inc., Research Division
Arthur Nagorny – RBC Capital Markets, Research Division
Daryl Young – Stifel Nicolaus Canada Inc., Research Division
David John McFadgen – Cormark Securities Inc., Research Division
Hamir Patel – CIBC Capital Markets, Research Division
Jonathan Goldman – Scotiabank Global Banking and Markets, Research Division
Michael W. Glen – Raymond James Ltd., Research Division
Sean Steuart – TD Cowen, Research Division
Stephen MacLeod – BMO Capital Markets Equity Research
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
Thanks, Holly. Welcome, everyone, to our second quarter call. I’ll direct everyone to Page 2 of this presentation and your attention regarding our disclaimer for forward-looking statements. 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 2024 annual report, particularly the section Risks and Uncertainties. Our annual and quarterly reports can be found online at the company’s website, cclind.com or on sedarplus.ca.
Moving to the next slide, our summary of financial results. For the second quarter of 2025, sales increased 4.8% with organic growth of 2%, 1% acquisition-related growth and 1.8% positive impact from foreign currency translation, resulting in sales of $1.9 billion compared to $1.8 billion in the second quarter of 2024. Operating income was $322.1 million for the 2025 second quarter compared
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