K-Bro Announces Record Q3 Revenue and EBITA

K-Bro Linen Inc, Edmonton, Alberta, Canada, the largest owner and operator of laundry and linen-processing facilities in that country, recently reported Q3, 2023 results with record revenue and EBITA. Consolidated revenue increased 18% vs. Q3 2022, with healthcare revenue increasing by 9.2% and hospitality by 30.1%. EBITA increased by $6.7 million to $17.7 million. In their third quarter, K-Bro declared dividends of $.300 per common share. Linda McCurdy, president & CEO of K-Bro, remarked that the results exemplified K-Bro’s proactive approach. “Our third quarter results highlight the resilience of our business model and ...