MONTREAL (FNS) -- Provigo here expects to report a profit for 1995, following combined losses of over $144 million, or $200 million Canadian, during the prior two years. Provigo's fiscal year ended in January. 992 -- $23.4 million or about 0.5% of the company's $4.9 billion in sales. Pierre Michaud, Provigo president, said he wants the company's profit to be equivalent to 2% of sales within three years. Michaud said he would like the Caisse de Depot, Quebec's pension fund manager, to sell ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.