Upbeat Conference CallUnderstandable as sales and margins improve simultaneously. It’s normally difficult to accomplish both in the food business but management continues to deliver impressively. With the forthcoming expansion into western Quebec further improvements should follow next year. The CEO indicated that they are working on contracts for the 1st. semester of ‘24 and should be reflected then from the new facility.
Despite the carnage in the market, this has held up really well. Buyers are likely sensing the optimism and sellers are diminishing. More coverage by analysts should be forthcoming and could be a huge catalyst.