METRO-RICHELIEU DELAYS EXPANSION TO ONTARIO

MONTREAL (FNS) -- Metro-Richelieu's plans to expand into Ontario and the Maritimes will be delayed so the food wholesaler and retailer can concentrate further on its home market of Quebec, Pierre Lessard, president and chief executive officer, said following the company's Jan. 30 annual meeting.ts for the first quarter ended Dec. 23, which saw earnings increase 25.9% to $10.6 million ($14.6 million

MONTREAL (FNS) -- Metro-Richelieu's plans to expand into Ontario and the Maritimes will be delayed so the food wholesaler and retailer can concentrate further on its home market of Quebec, Pierre Lessard, president and chief executive officer, said following the company's Jan. 30 annual meeting.

ts for the first quarter ended Dec. 23, which saw earnings increase 25.9% to $10.6 million ($14.6 million Canadian) on an 8.7% rise in sales to $569.4 million.

Register to view the full article

test - Advanced Registered User

Already a member? .