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ADENTRA acquires Woolf Distributing, expanding Midwest presence; acquisition enhances Pro Dealer market penetration, adds millwork and architectural building product distribution in seven states
Published: August 31, 2024 by Industry Intelligence Inc.
ADENTRA Q2 net income soars 82% year-over-year to US$17M, net sales down to US$549.5M from year ago's US$585.9M; company says product price deflation accounted for most of the 6.2% decrease in total sales as compared to the same period last year
Published: August 09, 2024 by ADENTRA Inc.
RBC highlights wood products news for week of Aug. 4: Western Cascades closes sawmill in Toledo, Oregon; Ontario government to invest C$3.46M in Element5, as it aims to increase wood use in construction; Adentra acquires Woolf Distributing for US$130M
Published: August 08, 2024 by RBC Capital Markets LLC
Scotia Capital reaffirms Adentra at sector outperform, raises target by C$1.50 to C$52.50; acquisition of Woolf Distributing advances goal of adding US$800M in sales via M&A over next five years through 2028, shifts mix to higher margin specialty products
Published: August 01, 2024 by Canada StockWatch
CIBC raises Adentra's target by C$1 to C$52 on slightly higher fiscal 2025 EPS estimate driven by acquisition of Woolf Distributing Co.; strategic move should bolster Adentra's market presence and expand its distribution capabilities
Published: July 31, 2024 by Stock Target Advisor

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