George Weston’s Q4 Net Profit Plunges As A Result Of Special Items
by Waterloo Region Record
Posted: 2018-03-07 15:28:08 EST

George Weston Ltd. launched a multi-year transformation plan in its most recent quarter as its profits fell by two-thirds in a difficult year for the company.

"Weston Foods experienced a challenging year in 2017 and we recognized the need to accelerate our change agenda," chief executive Galen Weston told a conference call Friday to discuss the company's latest results.

"And as a result, the business has embarked on an ambitious three-year transformation plan," he said.

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