Edition:
United States

K Bro Linen Inc (KBL.TO)

KBL.TO on Toronto Stock Exchange

41.71CAD
10:58am EST
Change (% chg)

$0.07 (+0.17%)
Prev Close
$41.64
Open
$41.33
Day's High
$41.71
Day's Low
$41.33
Volume
602
Avg. Vol
11,541
52-wk High
$45.00
52-wk Low
$37.39

Latest Key Developments (Source: Significant Developments)

K-Bro announces $30 million equity offering
Tuesday, 21 Nov 2017 04:22pm EST 

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 04:21pm EST 

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​
Thursday, 9 Nov 2017 10:00pm EST 

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

K-Bro reports Q2 earnings of $0.26 per share
Wednesday, 9 Aug 2017 10:00pm EDT 

Aug 9 (Reuters) - K Bro Linen Inc - :K-Bro reports Q2 2017 results and completes move to new Toronto facility.Qtrly revenue $40.5 million versus $39.5 million.Qtrly diluted earnings per share $0.26.  Full Article

K-Bro Linen announces $50 mln equity offering
Tuesday, 4 Apr 2017 03:31pm EDT 

K Bro Linen Inc : K-Bro Linen Inc. announces $50 million equity offering . Entered into agreement to sell 1.3 million common shares on bought deal basis at price of $38.00 per share to syndicate of underwriters .Net proceeds from offering to be used to fund build out of K-Bro's facilities in Toronto and Vancouver, to pay down indebtedness.  Full Article

K-Bro qtrly diluted earnings per share $0.32
Wednesday, 11 May 2016 10:00pm EDT 

K-Bro Linen Inc : Qtrly revenue for three months ended March 31, 2016 was $38.8 million , an increase of 14.8% over comparable 2015 period. . Qtrly diluted earnings per share $0.32 .K-Bro reports strong Q1, 2016 results with record revenue and EBITDA.  Full Article

K-Bro Linen Inc declares April dividend
Friday, 15 Apr 2016 06:00pm EDT 

K-Bro Linen Inc:Says dividend of 10 cents per common share to be paid on May 13 to holders of record date as of April 30.  Full Article

K-Bro Linen declares dividend on common shares
Thursday, 10 Mar 2016 10:00pm EST 

K-Bro Linen Inc:Declared a dividend of $0.10 per common share of the Corporation.Payable on April 15, 2016 to Shareholders of record on March 31, 2016.  Full Article

BRIEF-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​ Source text for Eikon: Further company coverage: