Andrew Peller Limited Reports Financial Results for Fourth
From GlobeNewswire.: 2025-06-11 17:00:00
Andrew Peller Limited reported strong fiscal 2025 results, with revenue up to $389.6 million, a gross margin of 42.8%, and EBITA increasing to $62.9 million. The company also saw a net earnings of $11.1 million. In the fourth quarter, revenue was $75.5 million, with a gross margin of 52.6%. CEO Paul Dubkowski praised the company’s performance, positioning it for long-term success.
Despite a decrease in revenue for the year ending March 31, 2025, Andrew Peller Limited saw an overall increase of 1.0% due to strong sales in big box stores. Gross margin also improved to 42.8% from 39.0%, with cost-saving programs contributing to the increase. The company’s performance was offset by challenges in estate wineries and wine clubs, impacted by economic conditions.
Selling and administrative expenses decreased as a percentage of revenue for the three months and year ended March 31, 2025. EBITA increased to $13.5 million in the fourth quarter of fiscal 2025 compared to $9.3 million in the prior year. Interest expense decreased by 22.4% and 4.4% for the three months and year ending March 31, 2025, respectively, compared to the prior year.
Andrew Peller Limited will hold a conference call on June 12, 2025, to discuss the results. The company’s common shares trade on the Toronto Stock Exchange. Forward-looking statements have been made, highlighting growth strategies, sales trends, and market conditions. Risks and uncertainties are also outlined, emphasizing the importance of not placing undue reliance on forward-looking statements. For more information, contact Craig Armitage and Jennifer Smith at [email protected].
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