Colabor Group Inc T.GCL

Alternate Symbol(s): COLFF

Consumer Defensive Food Distribution

Colabor Group Inc. is a Canada-based distributor and wholesaler of food and related products serving the hotel, restaurant and institutional markets (HRI) in Quebec and in the Atlantic provinces, as well as the retail market. The Company's segments include Distribution and Wholesale. The Distribution segment is engaged in the distribution of food products and related products in the HRI and retail market. The Company distributes specialized products, such as meat, fish and sea food (specialty distribution), as well as general food-related products (broadline distribution). The Wholesale segment is engaged in the sale of general food-related products to distributors from its distribution center in Boucherville. The Company has a partnership with Maturin, and it provides Lauzon and Norref products. It also sells products under the private brand, Menu. The Company distributes over 15,000 products in Quebec and Atlantic. The Company has over 700,000 square feet of storage facilities.

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Colabor Group Inc > Improving Margins

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Comment by pennylane101on May 04, 2023 2:19pm

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Post# 35430704

RE:Improving Margins

The cost of the move is in the high teens to low twenties and this is in millions of dollars.Their net debt is now above $52 million and unless, as they claim, they can fund the move through organic growth, their debt levels will balloon to over $70 million. It is a bit risky with interest rates on the rise and I can see why investors are hesitant to drive the price higher.

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