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United Kingdom

K-Bro Linen Inc (KBL.TO)

KBL.TO on Toronto Stock Exchange

35.00CAD
23 May 2018
Change (% chg)

$0.00 (+0.00%)
Prev Close
$35.00
Open
$34.92
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$35.00
Day's Low
$34.92
Volume
1,600
Avg. Vol
23,180
52-wk High
$43.04
52-wk Low
$33.04

Latest Key Developments (Source: Significant Developments)

K-Bro Announces Q1 Earnings Per Share C$0.06
Thursday, 10 May 2018 

May 9 (Reuters) - K-Bro Linen Inc ::K-BRO ANNOUNCES 2018 Q1 RESULTS AND MAINTAINS POSITION FOR LONG TERM GROWTH.QTRLY REVENUE FOR THE THREE MONTHS ENDED MARCH 31, 2018 WAS $55.4 MILLION, AN INCREASE OF 42.2% OVER THE COMPARABLE 2017 PERIOD.Q1 EARNINGS PER SHARE C$0.06.Q1 EARNINGS PER SHARE VIEW C$0.24, REVENUE VIEW C$55.9 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

K-Bro announces $30 million equity offering
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - K Bro Linen Inc :K-Bro announces $30 million equity offering.K Bro Linen - ‍entered into agreement to sell 804,000 common shares on a bought deal basis at a price of $37.35 per share to syndicate of underwriters​.  Full Article

K-Bro announces agreement to acquire Fishers
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - K Bro Linen Inc :K-Bro announces agreement to acquire Fishers, a leading UK-based commercial laundry services provider.K Bro Linen Inc - ‍signed a share purchase agreement to acquire 100% of UK-based Fishers topco for a base purchase price of £35 million​.K Bro Linen Inc - ‍ to acquire Fishers for a base purchase price of £35 million on cash-free, debt-free basis & including £2.9 million in net working capital​.  Full Article

K-Bro reports Q3 ‍diluted earnings per share $0.36​
Friday, 10 Nov 2017 

Nov 9 (Reuters) - K Bro Linen Inc :Reports record Q3 2017 results with continued efficiencies in new Toronto plant.‍Revenue for three months ended september 30, 2017 was $43.6 million, an increase of 4.9% over comparable 2016 period​.Qtrly ‍diluted earnings per share $0.36​.‍View 2017 and 2018 as transition years that will impact margins​.Once transition years complete to enable additional efficiencies, increase capacity and increase market share​.  Full Article

BRIEF-K-Bro Announces Q1 Earnings Per Share C$0.06

* K-BRO ANNOUNCES 2018 Q1 RESULTS AND MAINTAINS POSITION FOR LONG TERM GROWTH