The Sustainability Report highlights K-Bro's long-term strategy and focuses on three pillars:
- People: Foster a customer-centric culture, take care of people, embrace diversity, and ensure K-Bro is a great place to work.
- Partners: Be dependable, exemplify responsible business practices, support local communities, and anticipate evolving trends.
- Planet: Operate responsibly, prioritize energy efficiency, embrace best management practices, and support environmental stewardship across the supply chain.
"I am pleased to share our inaugural report as the latest step in our ESG program. This report highlights our continuous efforts to grow our business sustainably. We intend to publish reports annually to outline future goals and provide updates on our initiatives and progress," said
"Putting people first, being dependable partners and embracing environmental stewardship have always been part of our culture. People, Partners, and Planet are terms that are significant to our team and form the basis of our pillars to help us engage with stakeholders around sustainability."
"We are proud of our seven-decade history of responsible, innovative growth. While delivering industry-leading service, we have embraced our responsibility to society. We prioritize customer and employee relationships, environmental stewardship, and creating positive impacts where we do business. We are excited to share our long-term strategy, as we contribute to progress in global sustainability efforts."
K-Bro's Sustainability Report is available on its website at:
https://www.k-brolinen.com/company/sustainability-report/
CORPORATE PROFILE
K-Bro is the largest owner and operator of laundry and linen processing facilities in
Fishers, acquired by K-Bro in 2017, was established in 1900 and is an operator of laundry and linen processing facilities in Scotland. Fishers provides linen rental, workwear hire and cleanroom garment services to the hospitality, healthcare, manufacturing and pharmaceutical sectors. Fishers' client base includes major hotel chains and prestigious venues across
Additional information regarding the Corporation including required securities filings are available on our website at www.k-brolinen.com and on the Canadian Securities Administrators' website at www.sedar.com; the System for Electronic Document Analysis and Retrieval ("SEDAR").
K-Bro est le plus important propriétaire et exploitant de buanderies au
Vous pouvez obtenir des renseignements supplémentaires sur la Société, y compris les documents déposés auprès des autorités de réglementation, sur notre site Web, au www.k-brolinen.com et sur le site Web des autorités canadiennes en valeurs mobilières au www.sedar.com, via le Système électronique de données, d'analyse et de recherche (« SEDAR »).
FORWARD LOOKING STATEMENTS
This news release contains forward-looking information that represents internal expectations, estimates or beliefs concerning, among other things, future activities or future operating results and various components thereof. The use of any of the words "anticipate", "continue", "expect", "may", "will", "project", "should", "believe", and similar expressions suggesting future outcomes or events are intended to identify forward-looking information. Statements regarding such forward-looking information reflect management's current beliefs and are based on information currently available to management.
These statements are not guarantees of future performance and are based on management's estimates and assumptions that are subject to risks and uncertainties, which could cause K-Bro's actual performance and financial results in future periods to differ materially from the forward-looking information contained in this news release. These risks and uncertainties include, among other things: (i) risks associated with acquisitions, including (a) the possibility of undisclosed material liabilities, disputes and contingencies, (b) challenges or delays in integrating the targets (c) the diversion of management's time and focus from other business concerns, and (d) the use of resources that may be needed in other parts of our business; (ii) K-Bro's competitive environment; (iii) utility costs, minimum wage legislation and labour costs; (iv) K-Bro's dependence on long-term contracts with the associated renewal risk and the risks associated with maintaining short term contracts which are characteristic of the Villeray business ; (v) increased capital expenditure requirements, including any upgrades to the Villeray facilities and increased interest expense associated with drawdowns under K-Bro's credit facility to satisfy the Villeray purchase price and anticipated capital expenditures; (vi) reliance on key personnel; (vii) changing trends in government outsourcing; (viii) changes or proposed changes to minimum wage laws in
All forward-looking information in this news release is qualified by these cautionary statements. Forward-looking information in this news release is presented only as of the date made. Except as required by law, the Corporation disclaims any intention or obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances.
SOURCE
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