
TSE:CCL.B
This summary was created by AI, based on 5 opinions in the last 12 months.
CCL Industries (B), known for its extensive label production, is perceived as a stable yet unexciting business with a diverse customer base spanning multiple sectors such as automotive and electronics. Analysts express confidence in the company's strategic growth, particularly its successful track record in acquisitions and share buybacks. Recent financial results portray a positive trajectory, and experts highlight the potential for further organic growth and market expansion. However, some analysts caution that the company is not experiencing the same robust roll-up strategy as before, indicating a more tempered outlook in the near term. Despite mixed sentiments, the overall sentiment leans towards a positive long-term growth focus, supported by a strong balance sheet and operational efficiency.
EPS of 83c matched estimates; revenue of $1.587B was 2% short of estimates.
EBITDA of $289M was also 2% short.
The outlook was better, though, with a 'solid order picture', the end of China lockdowns and supply chain normalization.
The dividend was raised 10%.
Things are looking a bit better here.
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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. EPS of 85c beat estimates by 13%. Sales of $1.522B beat estimates by 3%. EBITDA of $301M beat estimates by 6%. Sales rose 13% with 10.8% organic growth. Operating income rose 2.5%. It had a solid quarter and the company is renewing its share buyback plan. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They announced small acquisitions last week. There has been no negative news, but has been taken down in the general market movement. Has breached some technical levels, which could have led to more selling. A buy at these prices. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Picks from 5i Research. Last quarter results were better than expected and nice earnings growth is expected for next year. Cashflow has remained steady and it is priced well. Dividend can still grow. Unlock Premium - Try 5i Free
Impressive Q1 results. Sales grew only a bit in Q2, but beat expectations and earnings. Higher rates impacted consumer spending. Really strong balance sheet. Light yield of 1.7%, but has increased dividend over 5 years by 110%. Fundamentally 9/10 for her.