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K-Bro Linen Inc (KBL.TO)

KBL.TO on Toronto Stock Exchange

37.83CAD
19 Sep 2018
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$43.04
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$33.04

Latest Key Developments (Source: Significant Developments)

K-Bro reports qtrly loss per share $0.13
Wednesday, 14 Mar 2018 10:00pm EDT 

March 14 (Reuters) - K Bro Linen Inc ::K-BRO ANNOUNCES 2017 ANNUAL RESULTS AND POSITIONS THE COMPANY FOR LONG TERM GROWTH.‍NET LOSS AFTER TAXES FOR Q4 WAS $1.3 MILLION COMPARED TO NET EARNINGS OF $2.2 MILLION IN Q4, 2016​.QTRLY ‍REVENUE​ $47.5 MILLION, UP 21 PERCENT FROM LAST YEAR.QTRLY ‍​DILUTED ADJUSTED NET EARNINGS PER SHARE $0.16.QTRLY ‍​ LOSS PER SHARE $0.13.Q4 EARNINGS PER SHARE VIEW C$0.29, REVENUE VIEW C$47.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

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

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

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