George Weston Ltd. - S&P Global Ratings’ Credit Research

George Weston Ltd.

George Weston Ltd. - S&P Global Ratings’ Credit Research
George Weston Ltd.
Published Apr 09, 2009
2549 words — Published Apr 09, 2009
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Strong market position in food distribution (Loblaw Companies Ltd.) World class Loblaw private-label program Well-recognized Weston Foods brands in Canada Substantial cash balances at both George Weston and Loblaw, as well as significant liquid equity holdings through Loblaw Uncertain use of US$2.5 billion in proceeds from the sale of George Weston's U.S. fresh bakery assets Loblaw still in the midst of a significant restructuring Prolonged history of deteriorating profit margin at Loblaw; recently stabilized at a relatively low level and not expected to show meaningful improvement in 2009 Highly competitive operating environment for both retailing and food processing The ratings on Toronto-based George Weston Ltd. largely reflect what Standard&Poor's Ratings Services views as the company's strong market position

  
Brief Excerpt:

RESEARCH George Weston Ltd. Publication date: 09-Apr-2009 Primary Credit Analyst: Lori Harris, Toronto (1) 416-507-2546; lori_harris@standardandpoors.com Secondary Credit Analyst: Donald Marleau, CFA, Toronto (1) 416-507-2526; donald_marleau@standardand...

  
Report Type:

Full Report

Ticker
WN@CN
Issuer
George Weston Ltd.
GICS
Food Retail (30101030)
Sector
Global Issuers
Country
Canada
Region
Canada
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "George Weston Ltd." Apr 09, 2009. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/George-Weston-Ltd-714930>
  
APA:
S&P Global Ratings’ Credit Research. (). George Weston Ltd. Apr 09, 2009. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/George-Weston-Ltd-714930>
  
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