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George Weston Limited (T:WN)

Business Focus: Food Retail & Distribution

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Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
See Regulatory Filings on SEDAR
Company Contact
Address: 1901-22 St Clair Ave E
Tel: 1-416-9222500
IR: See website
Key People
Galen G. Weston
Chairman of the Board, Chief Executive Officer
Khush Dadyburjor
Chief Strategy Officer
Richard Dufresne
Executive Vice President, Chief Financial Officer
Sarah Ruth Davis
President of Loblaw
Gordon A. M. Currie
Executive Vice President, Chief Legal Officer
Rashid Wasti
Executive Vice President and Chief Talent Officer
Geoffrey H. Wilson
Senior Vice President, Investor Relations, Business Intelligence and Communications
Deborah Morshead
Group Chief Compliance Officer
Andrew Bunston
Vice President, Legal and Secretary
Allan Bifield
Deputy Chief Financial Officer
Business Overview
George Weston Limited is a holding company engaged in food processing and distribution business. The Company, through its two operating segments, Weston Foods and Loblaw, holds cash, short-term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Weston Foods operating segment includes a fresh bakery business in Canada, and frozen, artisan style bakery and biscuit businesses throughout North America. The Loblaw segment, which is operated by Loblaw Companies Limited, is a food and pharmacy retailer, and the majority unitholder of Choice Properties. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, retail banking, credit card services, insurance and wireless mobile products and services. Choice Properties owns, develops and manages income-producing retail and commercial properties.
Financial Overview
For the 24 weeks ended 15 June 2019, George Weston Limited revenues increased 4% to C$22.78B. Net loss applicable to common stockholders totaled C$304M vs. income of C$208M. Revenues reflect Loblaw segment increase of 2% to C$21.79B, Weston Foods segment increase of 1% to C$995M. Net loss reflects Other segment loss totaling C$150M vs. income of C$23M, Weston Foods segment income decrease of 29% to C$22M.
Employees: 203,238 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $32,686M as of Jun 15, 2019
Annual revenue (TTM): $49,355M as of Jun 15, 2019
EBITDA (TTM): $4,881M as of Jun 15, 2019
Net annual income (TTM): $18.00M as of Jun 15, 2019
Free cash flow (TTM): $1,965M as of Jun 15, 2019
Net Debt Last Fiscal Year: $19,196M as of Jun 15, 2019
Shares outstanding: 153,568,888 as of Jul 2, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization