CCL Industries Inc.

CCL Industries Inc.

March 10, 2009 15:54 ET

CCL Industries Releases Audited Financial Statements and Management Discussion and Analysis for the Years Ended December 31, 2008 and 2007

TORONTO, ONTARIO--(Marketwire - March 10, 2009) - CCL Industries Inc. (TSX:CCL.A)(TSX:CCL.B), a world leader in the development of labelling solutions and specialty packaging for the consumer products and healthcare industries, announced today that its Audited Financial Statements for the years ended December 31, 2008 and 2007 and the related Management's Discussion and Analysis have been posted on SEDAR and the Company's website The Company released its 2008 annual results on February 26, 2009.

With headquarters in Toronto, Canada, CCL Industries now employs approximately 5,400 people and operates 55 production facilities globally located to meet the sourcing needs of large international customers. CCL Label is the world's largest converter of pressure sensitive and film materials for label applications and sells to leading global customers in the consumer packaging, healthcare, automotive and consumer durable markets. CCL Container and CCL Tube are leading producers of aluminum aerosol cans, bottles and extruded plastic tubes for consumer packaged goods customers in the United States, Canada and Mexico.

Any forward-looking statements contained in this press release, including statements relating to the outlook of CCL Industries Inc.'s various divisions and products and CCL's growth and expansion plans, involve risks, uncertainties and assumptions and should not be taken as guarantees of future performance. A number of factors could cause actual results, performance or achievements to vary materially from those anticipated in forward-looking statements, including: general economic and business conditions and specific conditions affecting the sector in which CCL operates, including pricing pressures; CCL's ability to attract and retain its customer base; technological change; competition; changes in, or failure to comply with, existing government regulations or failure to obtain required permits or licenses; changes in business strategy or development plans; risks associated with operating and product hazards; the ability to attract and retain qualified personnel; and other factors. The forgoing list of factors is not exhaustive of the factors that may affect the actual outcome of events that are the subject of forward-looking statements.

Unless noted otherwise, all amounts are expressed in Canadian dollars.

Contact Information

  • CCL Industries Inc.
    Gaston Tano
    Senior Vice President and Chief Financial Officer
    (416) 756-8526