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

<< Previous

Bullboard Posts

Next >>

Post by Aspertheoldmanon Jul 25, 2024 9:30pm

128 Views

Post# 36149150

colabor 1st qtr

The Desjardins Takeaway Solid 2Q results featured an adjusted EBITDA beat and the resiliency of Colabor’s distribution business amid a tough macro environment. We continue to believe that the pieces are in place for Colabor to seize organic and acquisitive growth opportunities, especially through its nascent territory expansion in western Qubec. We reiterate our Buy recommendation and C$2.00 target.

<< Previous

Bullboard Posts

Next >>

Paramount Resources signs $3.32 billion asset sale