Colabor ( (TSE:GCL) ) has provided an announcement.
Colabor Group Inc. reported a 3.2% increase in fourth-quarter sales to $202.6 million, though adjusted EBITDA decreased by 3.1% to $11.3 million. For fiscal 2024, consolidated sales slightly declined by 0.3% to $657.1 million, with net earnings from continuing operations dropping to $1.6 million. The company announced an agreement to acquire assets related to Alimplus Inc.’s food distribution activities, which is expected to enhance its market position upon completion.
More about Colabor
Colabor Group Inc. operates in the food distribution industry, focusing on providing a range of food products and services to various market segments.
YTD Price Performance: -1.05%
Average Trading Volume: 91,784
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$95.89M
See more insights into GCL stock on TipRanks’ Stock Analysis page.