Global Spin Cycle
K-Bro Announces Significant Increase in Q2 Revenue
K-Bro Linen Systems, based in Edmonton, Alberta, Canada, recently announced a strong Q2 in 2023 with an increase in revenue, EBITDA and margins. The company reported that consolidated revenue rose 13.9% in the last year, with healthcare revenue having increased to 4.4% and hospitality by 29%. EBITDA grew from $9.7 million to $14.5 million, while net earnings in the second quarter increased by $3.1 million, from $1.6 million to a total $4.7 million. For details, visit bit.ly/KBro.
UK Based Laundry Receives Grant to Update Facility
Hundreds of businesses in Staffordshire ...
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