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 > Colabor Group Reports Results for the First Quarter 2022

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Comment by Co2Harveston Apr 28, 2022 7:00pm

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Post# 34640633

RE:RE:Colabor Group Reports Results for the First Quarter 2022

Agreed, I'm so happy for them, and for those of us who have stuck with them the last several years. It's so great to see them doing all the right things and watching the turnaround! GLTA

oldinvestor64 wrote: This company has turned around and it is poised for growth, after paying down its debt substantailly .
Operating cash flows at 12.5 million is the number that counts.
Once the pandemic abates , we will see more organic growth and higher profits.
JIMHO

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Canadian security stock unveils public offering and partner investment