CCL Industries Inc (CCL.B:CA) 2018年年度报告「TSX」.pdf

1、FutureA N N U A L R E P O R T 2 0 1 8Sustainable CAUTION ABOUT FORWARD-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 invo

2、lve a number of risks and uncertainties.Forward-looking statements 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,

3、”“plans”or similar expressions.Statements regarding the operations,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 stateme

4、nts regarding the anticipated growth in sales,income and profitability of the Companys segments;the Companys improvement in market share;the Companys capital spending levels and planned capital expenditures in 2019;the adequacy of the Companys financial liquidity;the Companys targeted return on equi

5、ty,improved return on total capital,adjusted earnings per share,EBITDA growth rates and dividend payout;the Companys effective tax rate;the Companys ongoing business strategy;the Companys expectations regarding general business and economic conditions;the Companys expectations regarding the completi

6、on of the Hinsitsu acquisition;the impact of easing polypropylene resin costs;the Companys expectations that Avery will continue to open up new revenue and profit opportunities in short-run digital printing applications,cross-selling opportunities and consolidation in new territories;Checkpoint will