1、CCL INDUSTRIES INC.2012 ANNUAL REPORTExpanding Our HorizonsCCL 2218 2012 AR_cover.indd 312/03/13 4:17 PM14 6 8080%14%6%CCL iS A GLOBAL SPECiALiTy PACkAGiNG COMPANy HEAdqUARTEREd iN TORONTO,CANAdA3 business segments:Label,Container and Tube74 locations in 26 countries6,600 employeesCAUTION ABOUT FORW
2、ARD-LOOKING INFORMATION This ANNUAL REPORT contains forward-looking information and forward-looking statements,as defined under applicable securities laws,(hereinafter collectively referred to as“forward-looking statements”)that involve a number of risks and uncertainties.Forward-looking statements
3、include all statements that are predictive in nature or depend on future events or conditions.Forward-looking statements are typically identified by,but not limited to,the words“believes,”“expects,”“anticipates,”“estimates,”“intends,”“plans”or similar expressions.Statements regarding the operations,
4、business,financial condition,priorities,ongoing objectives,strategies and outlook of the Company,other than statements of historical fact,are forward-looking statements.Specifically,this ANNUAL REPORT contains forward-looking statements regarding the anticipated growth in sales,income and profitabil
5、ity of the Companys segments;the Companys improvement in market share;the Companys capital spending levels and planned capital expenditures in 2013;the adequacy of the Companys financial liquidity;the Companys targeted return on equity,earnings per share,EBITDA growth rates and dividend payout;the C
6、ompanys effective tax rate;the Companys ongoing business strategy;and the Companys expectations regarding general business and economic conditions and the completion and success of the acquisition of the label converting businesses from Avery dennison.Forward-looking statements are not guarantees of