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 Aug 06, 2010
2361 words — Published Aug 06, 2010
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Strong position in food retailing through 62.6%-owned Loblaw Companies Ltd. Well-recognized Weston Foods brands in Canada Large cash balances at both George Weston Ltd. and Loblaw Heavy competition in both food retailing and processing Significant multiyear restructuring program at Loblaw The ratings on Toronto-based George Weston Ltd. reflect what Standard&Poor's Ratings Services views as the company's strong market position in food processing and food distribution through its 62.6%-owned subsidiary Loblaw Companies Ltd. (BBB/Stable/--), as well as the financial flexibility afforded by its substantial cash balances and liquid Loblaw holdings. We believe these factors are partially offset by weaknesses in Loblaw's operating infrastructure and challenging market conditions leading to profitability that is somewhat weak for the ratings. Moreover, we

  
Brief Excerpt:

RESEARCH George Weston Ltd. Publication date: 06-Aug-2010 Primary Credit Analyst: Donald Marleau, CFA, Toronto (1) 416-507-2526; donald_marleau@standardandpoors.com Secondary Credit Analyst: Lori Harris, Toronto (1) 416-507-2546;...

  
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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Summary: George Weston Ltd. – 2011/06/07 – US$ 225.00

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George Weston Ltd. – 2012/12/28 – US$ 500.00

Summary: George Weston Ltd. – 2010/08/06 – US$ 225.00

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George Weston Ltd. – 2009/04/09 – US$ 500.00

Summary: George Weston Ltd. – 2009/04/09 – US$ 225.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "George Weston Ltd." Aug 06, 2010. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/George-Weston-Ltd-813405>
  
APA:
S&P Global Ratings’ Credit Research. (). George Weston Ltd. Aug 06, 2010. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/George-Weston-Ltd-813405>
  
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