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 offers specialty food products such as meat, fish and seafood, as well as food and related products through its Broadline activities. Its product categories include frozen food products, dry goods, dairy products, fruits, vegetables, meat, fish, seafood, poultry, disposable items, sanitation products and maintenance products. Its Norref products offer over 1,500 products sold fresh, frozen or live, including regional, exotic and eco-friendly fish, all varieties of seafood and processed products. Its Lauzon products include lamb, beef, delicatessen, turkey, game, fish, pork, poultry, veal, cheese, frozen food and portion. It also sells products under private brand, Menu. It distributes around 10,000 food and related products to 15,000 points of sale.

TSX:GCL - Post by User

Colabor Group Inc > Q release, better than expected, given the pandemic

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Comment by bucheroncapitalon Feb 27, 2021 11:59am

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Post# 32678956

RE:Q release, better than expected, given the pandemic

oldinvestor64 wrote: It's amazing that the company increased EBITDA for the Q and the year.
It shows that the existing client base is a higher margin business.
I see this company showing much better results and top line growth in 2021 and beyond and of course significant profits , stemming from higher margins and lower financing costs.

Just look at the debt it melted and the New rate is a lot better , GCL is on the right path , finally very happy to own

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