Business
CCL Delivers Record First Quarter Results and Declares Dividend
CCL Delivers Record First Quarter Results and Declares Dividend.
About this update from Ccl Industries Inc. Class A
[{"type":"text","content":"\n\n\n\nStock Symbol: TSX - CCL.A and CCL.B\n\n\nTORONTO, May 3 /CNW/ -\n\n\nDear Shareholder:\n\n\nPlease find enclosed your First Quarter 2007 shareholder package for CCL\nIndustries Inc. This report provides detailed information about your Company's\nbusiness activities and its financial performance.\n\n\nThe management of CCL hosted an Investors' Day at the Toronto Stock\nExchange on March 7, 2007. This annual event has become the primary\ncommunication vehicle for current and potential investors, analysts and other\nstakeholders to meet management and to hear about CCL's business strategy and\nfinancial and operating plans. This forum allowed management to review in\ndetail each of its businesses and their growth prospects and provided\nattendees an opportunity to ask pertinent questions in an interactive\nenvironment. This successful event was webcast live and is posted for your\nreview on our website at www.cclind.com\n\n\nYour Board of Directors is very pleased with the strong financial\nperformance of your Company and today approved its quarterly dividend payable\non June 29, 2007. This dividend is supported by the strong cash flow and\nearnings growth of your Company and is maintained at the current level after\nhaving risen by 9% in the previous quarter. This dividend is a continuation of\nCCL's record of paying consecutive quarterly dividends for over 25 years\nwithout a reduction. The dividend is $0.12 per Class B non-voting share and\n$0.1075 per Class A voting share.\n\n\nConference calls with our stakeholders are held following the release of\nour quarterly results. Presentation materials used during the conference calls\nand the annual Investors' Day, as described above, are posted on our website\nalong with audio recordings of the meetings. Instructions for accessing these\nservices are set out at the end of this earnings release.\n\n\nWe encourage all shareholders to access our web site www.cclind.com on a\nregular basis for investor and company news including scheduled dates for\nfuture earnings releases. If you would like to have future Press Releases\ne-mailed to you at the time they are issued, please complete the Information\nRequest Form under the "Investors" tab ("Contact Us" icon) on our website or\nwrite to us at CCL to the attention of Christene Duncan.\n\n\nYours truly,\n\n\nJon ...