Nevertheless,
Hedy market session colaabor:
The action of the ColaBor group passed the last market session of the week under pressure after the broadcasting of disappointing results. Moreover, comments from the CEO on the cybersecurity incident that disrupted the activities of the Saint-Bruno-de-Montarville food wholesaler all week.
Posted at 11:27 a.m. Updated at 5:05 p.m.
The title of Colabor lost a quarter of its value from the start of Friday session on the Toronto Stock Exchange. Moreover, before closing the day with a fallback by 14 %.
“We are working day. Nevertheless, night to master the situation and fully restore the hedy market session colaabor systems,” said Colard CEO, Louis Frenette, in conference on Friday.
“There is no doubt that this is a regrettable distraction. Consequently, ” he added about the computer security breach unveiled earlier this week.
The good news is that most of our systems are now operational.
Louis Frenette. CEO of Colabor
At present, the impact of this event is not yet fully known and our work is continuous to see more clearly, ”said 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 the activities of Colaabor had been 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 -owner of Colard this week, said Louis Frenette.
It took 24 hours to put the software back in working order and gradually restart the activity since Tuesday. By next Monday or Tuesday, we should cover 100 % of our activities.
Louis Frenette. CEO of Colabor
In the meantime, certain orders could be processed manually, he stressed without hiding that the week had been difficult.
The press reported on Friday that restaurateurs had not received a delivery from Colaabor this week due to the cybersecurity incident. which had forced them to turn to other suppliers in order to be able to continue to serve their customers during this period of summer holidays1.
Hedy market session colaabor
Spring results lower than expectations
Colabor also revealed on Friday that its spring sales had increased by 5 % over a 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 for the same period last year.
The four analysts ensuring official coverage of the colaabor activities recommended the purchase of. the title before the conference on Friday.
1.Lish the text “a harmful safety breach for colaabor”
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