K-Bro Canada Reports Improved Q3 ’20 Results

K-Bro Linen Inc., Edmonton, Canada, recently announced its 2020 third-quarter financial and operating results. After a decline of 41.3% in consolidated Q2 2020 revenue vs. Q2 2019, K-Bro saw a consolidated decrease of 24.2% in Q3 2020 vs Q3 2019, thus demonstrating a significant improvement from the second to the third quarters. EBITDA decreased in the third quarter to $12.7 million vs. $14.6 million over the comparable 2019 period. Net earnings in the third quarter of 2020 fell by $1.3 million to $3.4 million vs. $4.7 million in the comparable period in ...