1、Labelling the futureCCL INDUSTRIES INC.2010 ANNUAL REPORT6Y E A R SCAUTION 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 stat
2、ements”),thatinvolve 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 typicallyidentified by,but not limited to,the words“believes,”“expects,”“anticipates,”“esti
3、mates,”“intends,”“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
4、-lookingstatements regarding the anticipated growth in sales,income and profitability of the Companys divisions;the Companys improvement in market share;the Companys capital spending levels and plannedcapital expenditures in 2011;the adequacy of the Companys financial liquidity;the Companys targeted
5、 return on equity,earnings per share,EBITDA growth rates and dividend payout;the Companys effectivetax rate;the future profitability of the Container Division;the Companys ongoing business strategy;and the Companys expectations regarding general business and economic conditions.Forward-looking state
6、ments are not guarantees of future performance.They involve known and unknown risks and uncertainties relating to future events and conditions including,but not limited to,the evolvingglobal financial crisis and its impact on the world economy and capital markets;the impact of competition;consumer c