CCL Sales Rise 12.9% in Third Quarter to C$2,219.9 Million
Key Facts
CCL Industries sales rose 12.9% in the third quarter of 2026 to C$2,219.9 million, compared with C$1,965.9 million in the same period of 2025, according to the company’s results statement published via ADVFN. The announcement came as Canadian activity indicators for October pointed to a slight improvement from September. The seasonally adjusted Ivey PMI stood at 58.3 points in October, versus 58.2 in September and 52.4 in October 2025, according to the Ivey Business School. CCL’s results provide a picture of a Canadian industrial company’s performance during the quarter, while the index reading reflects the breadth of activity in the economy during the month. The company is scheduled to discuss its results in a live broadcast the day after the announcement.
CCL sales growth comprised organic growth of 6.9%, a 3.9% contribution from acquisitions and a positive currency translation effect of 2.1%, according to the statement. These components indicate that the increase did not depend on a single source; existing sales, business expansion through acquisitions and the currency effect all contributed. For the nine months ended September 30, 2026, sales rose 8.3%, operating income increased 6.6% and net earnings rose 3.3% compared with the same period of 2025. Those figures amounted to C$6.3 billion in sales, C$1,024.4 million in operating income and C$652.3 million in net earnings, according to the company’s statement. The nine-month figures place the quarter’s performance within a cumulative trajectory that was slower than the reported growth in quarterly sales.
The Ivey employment index rose to 58.3 points in October from 56.5 in September, and stood at 51.8 in October 2025. The prices index registered 81.7 points, down from 82.8 in September, but remained above the 64.3 recorded a year earlier. The three readings show improvement in the employment measure and a continued increase in the prices measure compared with its year-earlier level, while the overall index remained close to its September reading. These indicators provide a backdrop for the economy in which Canadian companies operate during the final quarter of the year. The index figures alone do not mean that the performance of any particular company moved for the same reason.
The rate therefore rose for the second consecutive month, according to the data angle presented in the story materials. This coincided with an Ivey employment reading of 58.3 points in October, compared with 56.5 in September and 51.8 a year earlier. Each figure measures a different aspect of the labor market: the unemployment rate represents the share of people without jobs, while the Ivey index reflects activity related to employment. These economic data remain a parallel backdrop to companies’ quarterly results.
CCL is scheduled to hold a live broadcast to discuss its third-quarter results on November 11, 2026, at 7:30 a.m. Eastern Time, according to its official investor relations page. Altius Minerals’ page also said its results would be released after market close on November 10, followed by an investor call on November 11. The page said the disclosure would include details on the performance of individual royalties and developments at the asset level. In a separate comparison, E-L Financial had reported consolidated net income attributable to shareholders of C$1,011 million, or C$2.99 per share, for the second quarter of 2026, compared with C$365 million, or C$1.07 per share, in the second quarter of 2025. The company attributed the increase at the time to net investment gains of C$1,128 million, compared with C$373 million in the corresponding period, according to its statement.