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The latest update is out from Westbond ( (TSE:WBE) ).
WestBond Enterprises Corporation reported a decrease in sales and profit for the quarter ending December 31, 2024, attributed to market volatility and a change in the US government. Despite reduced orders in late 2024, orders rebounded in early 2025. The company has enhanced stability in production and distribution through additional staffing and continues to invest in new products and machinery to secure its market position. The recently installed equipment is expected to help grow its market share and expand other product categories.
More about Westbond
WestBond Enterprises Corporation operates in the food service industry, focusing on the hospitality sector. The company specializes in high-end, air-laid napkins and is expanding its product line to grow its market share in Canada and the US. WestBond is investing in new products and machinery to adapt to potential changes in the Canadian and US markets.
YTD Price Performance: -2.78%
Average Trading Volume: 21,035
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$6.23M
Learn more about WBE stock on TipRanks’ Stock Analysis page.