K-Bro Linen Inc T.KBL

Alternate Symbol(s): KBRLF

Industrials

K-Bro Linen Inc. is an owner and operator of laundry and linen processing facilities in Canada. The Company provides a comprehensive range of general linen and operating room linen processing, management and distribution services to healthcare institutions, hotels, and other commercial accounts. It operates about ten processing facilities and two distribution centers under two distinctive brands, including K-Bro Linen Systems Inc. and Buanderie HMR, in ten Canadian cities: Quebec City, Montreal, Toronto, Regina, Saskatoon, Prince Albert, Edmonton, Calgary, Vancouver and Victoria. Its Canadian division provides laundry and linen services to the healthcare and hospitality sectors through ten operating divisions. The Company’s UK division provides laundry and linen services primarily to the hospitality sector, with other sectors, including healthcare, manufacturing and pharmaceuticals, through five sites which are located in Cupar, Perth, Newcastle, Livingston and Coatbridge.

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K-Bro Linen Inc > Ryan Bushell - BNN - BUY

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Comment by Catscratchon Jul 21, 2023 9:28am

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Post# 35551230

RE:Ryan Bushell - BNN - BUY

Nice to see that they've been active on NCIB. My guess is we see continued buybacks through the remainder of 2023 (unless the stock really takes off) and a dividend increase in 2024.

We haven't yet seen full benefits/efficiencies from the paranet acquisition and Alberta health contract.

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