Pressure Pressure Colard

However,

Pressure pressure colard:

The action of the ColaBor group is under pressure on Friday after the publication of disappointing results. For example, CEO comments on the cybersecurity incident affecting the activities of the Saint-Bruno-de-Montarville food wholesaler since the week.

Posted at 11:27 a.m.

The title of Colarber lost a quarter of its value at the start of the last session of the week on the Toronto Stock Exchange. However, posted a 16 % withdrawal at the end of the morning.

“We are working day. In addition, night to master the situation and fully restore the systems,” said Colard CEO, Louis Frenette, in conference on Friday.

“There is no doubt that this is a regrettable distraction. However, ” he added about the computer security breach unveiled earlier this week.

“The good news is that most of our systems are now operational. Currently. the total impact of this event is not yet fully known and our work is continuous to see more clearly, ”specifies Louis Frenette.

“We are all mobilized for this situation to be short -lived. that we minimize the impact of this cybersecurity incident. »»

The CEO explained that colaabor’s activities were affected by the computer incident. but not those of Alimmplus and its subsidiary, two entities whose acquisitions were completed last month by Colabor.

Alimprlus was able to ensure the continuity of its activities. thus cover part of the co pressure pressure colard -owner of Colard this week, said Louis Frenette.

“It took 24 hours to restore the software in working order and gradually restart the activity since Tuesday. By next Monday or Tuesday, we should cover 100 % of our activities, ”said Louis Frenette.

In the meantime, some orders could be processed manually, he stressed without hiding that the week was difficult.

The press Reported Friday that restaurateurs did not receive a delivery from Colaabor this week due to the cybersecurity incident. which forced them to turn to other suppliers in order to be able to continue to serve their customers during this period of summer vacation.

Read “a harmful safety breach for colaabor”

Pressure pressure colard

Spring results lower. than expectations

Colabor also revealed on pressure pressure colard Friday that its spring sales increased 5 % over one year to 169.5 million. This result is lower than the 176 million expected by analysts.

The profit adjusted before financial costs, depreciation and taxes on quarter profits reached 5.4 million, while the market anticipated 7.9 million.

A net loss was recorded for the quarter while profits had been released at the same time last year.

The four analysts ensuring official coverage of the colaabor activities all recommended the purchase. of the title before the conference on Friday.

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