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5i Report

Review of CCL Industries Inc

JUN 13, 2023 - Despite a slowdown in select segments, CCL exhibited robust performance in its recent quarter, providing enhanced visibility for the future. The company’s management has displayed proactive measures in adapting to evolving business requirements and expanding its presence in specific market segments. Considering CCL’s formidable market position and its
capacity to weather economic turbulence, we maintain our rating of ‘B+’.

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