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US: CCL Industries reports an 18.8% increase in Q2 2012

For the six months ended June 30, 2012, sales increased 8.2%, excluding foreign currency translation, compared to the 2011 six-month period.

Sales for the second quarter of 2012 were $337.1 million, an increase of 7.6% excluding the impact of foreign currency translation, compared to $318.9 million recorded in second quarter of 2011, according to the company

"CCL Label posted solid second quarter organic growth with sales in local currencies up 7% on a good prior year period. Double digit growth rates in North America and Emerging Markets were offset by low single digit gains in Europe," said Geoffrey T. Martin, President and Chief Executive Officer.

CCL Label is the world's largest converter of pressure sensitive and film materials for label applications. (bmg)