Exhibit 99.1

Milestone Core EPS at $3.14 for Calendar 2014

CINCINNATI, OHIO, February 9, 2015 – Multi-Color Corporation (NASDAQ: LABL) today announced third quarter fiscal 2015 results.

“Organic growth, improvements in existing operations and stronger contributions from acquisition integrations led to a much better fiscal Q3 year over year with another 21% gross margin quarter. We are focused on continuing to grow core EPS by maintaining the same strategies and disciplines in FY16. Improved earnings are being reflected in stronger cash flow giving us the capacity to fund growth while maintaining leverage discipline,” said Nigel Vinecombe, President and CEO of Multi-Color Corporation.

Third quarter highlights:

The following table shows adjustments made to Net Income and Diluted EPS between reported GAAP and Non-GAAP results for the three months ended December 31, 2014 and 2013. Refer to the tables in Exhibit A for a reconciliation of adjustments made to SG&A expenses, operating income, EBITDA, interest expense, other income, and effective tax rate between reported GAAP and Non-GAAP results.

Nigel Vinecombe said, “We welcome Multi-Labels in England and New Era Packaging in Ireland to the MCC Group in the March quarter and expect them to contribute combined revenues of approximately $30 million for FY16.”

Year-to-date highlights:

The following table shows adjustments made to Net Income and Diluted EPS between reported GAAP and Non-GAAP results for the nine months ended December 31, 2014 and 2013. Refer to the tables in Exhibit A for a reconciliation of adjustments made to SG&A expenses, operating income, EBITDA, interest expense, other income, and effective tax rate between reported GAAP and Non-GAAP results.

Fiscal Year 2015 Third Quarter Earnings Conference Call and Webcast

The Company will hold a conference call on February 9, 2015 at 10:00 a.m. (ET) to discuss the news release. For domestic access to the conference call, please call 888-713-4214 (participant code 46736989) or for international access, please call 617-213-4866 (participant code 46736989) by 9:45 a.m. (ET). A replay of the conference call will be available at 2:00 p.m. (ET) on February 9, 2015 through 11:59 p.m. (ET) on February 16, 2015 by calling 888-286-8010 (participant code 65327265) or internationally, by calling 617-801-6888 (participant code 65327265). In addition, the call will be broadcast over the Internet and can be accessed from a link on the Company’s home page at http://www.mcclabel.com. Listeners should go to the web site prior to the call to register and to download any necessary audio software.

Participants may pre-register for the call at:

https://www.theconferencingservice.com/prereg/key.process?key=PPDFNG3WY. Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection.

Safe Harbor Statement

The Company believes certain statements contained in this report that are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Such forward-looking statements speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

Statements concerning expected financial performance, on-going business strategies, and possible future actions which the Company intends to pursue in order to achieve strategic objectives constitute forward-looking information. Implementation of these strategies and the achievement of such financial performance are each subject to numerous conditions, uncertainties and risk factors. Factors which could cause actual performance by the Company to differ materially from these forward-looking statements include, without limitation: factors discussed in conjunction with a forward-looking statement; changes in global economic and business conditions; changes in business strategy or plans; raw material cost pressures; availability of raw materials; availability to pass raw material cost increases to its customers; interruption of business operations; changes in, or the failure to comply with, government regulations, legal proceedings and developments; acceptance of new product offerings, services and technologies; new developments in packaging; ability to effectively manage our growth and execute our long-term strategy; ability to manage foreign operations and the risks involved with them, including compliance with applicable anti-corruption laws; currency exchange rate fluctuations; ability to manage global political uncertainty; terrorism and political unrest; increases in general interest rate levels and credit market volatility affecting our interest costs; competition within our industry; the ability to consummate and successfully integrate acquisitions; ability to recognize the benefits of acquisitions, including potential synergies and cost savings; failure of an acquisition or acquired company to achieve its plans and objectives generally; risk that proposed or consummated acquisitions may disrupt operations or pose difficulties in employee retention or otherwise affect financial or operating results; the risk that some of our goodwill may be or later become impaired; the success and financial condition of our significant customers; dependence on information technology; ability to market new products; our ability to maintain an effective system of internal control; our ability to remediate our material weaknesses in our internal control over financial reporting; ongoing claims, lawsuits and governmental proceedings, including environmental proceedings; availability, terms and developments of capital and credit; dependence on key personnel; quality of management; ability to protect our intellectual property and the potential for intellectual property litigation; employee benefit costs; and risk associated with significant leverage. The Company undertakes no obligation to publicly update or revise any forward-looking

statements, whether as a result of new information, future events or otherwise. In addition to the factors described in this paragraph, Part I, Item 1A of our Annual Report on Form 10-K for the year ended March 31, 2014 contains a list and description of uncertainties, risks and other matters that may affect the Company.

About Multi-Color (http://www.mcclabel.com)

Cincinnati, Ohio, U.S.A. based Multi-Color Corporation (MCC), established in 1916, is a leader in global label solutions supporting a number of the world’s most prominent brands including leading producers of home and personal care, wine and spirit, food and beverage and specialty consumer products. MCC serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China with a comprehensive range of the latest label technologies in Pressure Sensitive, Cut and Stack, In-Mold, Shrink Sleeve and Heat Transfer. MCC employs over 3,450 associates across 33 operations globally and is a public company trading on the NASDAQ Global Select Market (company symbol: LABL).

For additional information on Multi-Color, please visit http://www.mcclabel.com.

Multi-Color Corporation and Subsidiaries

Condensed Consolidated Statements of Income

(unaudited)

(in thousands, except per share data)

Multi-Color Corporation

Selected Balance Sheet Information

(in thousands, except per share data)

Unaudited

Exhibit A

Non-GAAP Measurements: The Company reports its financial results in accordance with generally accepted accounting principles in the U.S. (GAAP). In order to provide investors with additional information and more meaningful period-to-period comparisons of the Company’s financial and operating results, the Company reports certain Non-GAAP financial measurements as defined by the Securities and Exchange Commission.

The Company’s non-GAAP financial measurements reported for the periods presented in this release are: core SG&A expenses, core operating income, core EBITDA, core interest expense, core other income, core net income, core diluted earnings per share, core income before income taxes, and core effective tax rate. These non-GAAP financial measurements are adjusted to exclude the following non-core items: goodwill impairment losses, facility closure expenses, acquisition-related expenses, integration expenses, write off of deferred loan fees, loss on currency repatriation, and expenses related to a legal claim settlement. These non-GAAP financial measures provide investors with an understanding of the Company’s SG&A expenses, operating income, EBITDA, interest expense, other income, net income, diluted EPS, and effective tax rate adjusted to exclude the effect of the non-core items identified above. EBITDA is a non-GAAP financial measure used to measure operating results, defined as earnings before interest, taxes, depreciation and amortization, and other non-operating income and expenses. We believe that these non-GAAP financial measures assist investors in making a consistent comparison of these measures for its three and nine months ended December 31, 2014 compared to the results of the prior periods. In addition, management uses these non-GAAP financial measures internally to perform trend analysis and analyze operating performance to ensure resources are allocated effectively. The non-GAAP measures allow management to analyze trends and performance without masking or distorting the results with the special items identified by management.

The following tables show adjustments made to SG&A expenses, operating income, EBITDA, interest expense, other income and effective tax rate, between reported GAAP and Non-GAAP results for the three and nine months ended December 31, 2014 and 2013:

Core SG&A Expenses:

Core Operating Income and Core EBITDA:

Core Interest Expense:

Core Other Income, Net:

Core Effective Tax Rate:

For more information, please contact: Sharon E. Birkett

Vice president and Chief Financial Officer

Multi-Color Corporation, (513) 345-5311