Business
Andrew Peller Limited Reports Financial Results for First Quarter of Fiscal 2026
GRIMSBY, Ontario, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Andrew Peller Limited (TSX: ADW.A / ADW.B) (&...
About this update from Andrew Peller Limited Class A
[{"type":"text","content":"Andrew Peller Limited Reports Financial Results for First Quarter of Fiscal 2026\n\n\n\n GRIMSBY, Ontario, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Andrew Peller Limited (TSX: ADW.A / ADW.B) (“APL” or the “Company”) announced today results for the three months ended June 30, 2025. All amounts are expressed in Canadian dollars unless otherwise stated.\n \n\n\n FIRST QUARTER 2026 HIGHLIGHTS:\n \n\n\n\n Revenue was $99.2 million, compared with revenue of $99.5 million in Q1 2025;\n \n\n Gross margin of 42.4%, compared with 38.4% in the prior year;\n \n\n EBITA of $16.1 million, up from $12.9 million in Q1 2025;\n \n\n Net income improved to $4.6 million ($0.11 per Class A Share), compared to a loss of $0.4 million (loss of $0.01 per Class A Share) in Q1 2025; and\n \n\n Dividends of $0.0615 per Class A Share and $0.535 per Class B Share.\n \n\n\n “Our first quarter results were highlighted by a 25% year-over-year increase in EBITA as we continue to navigate a dynamic retail environment,” said Paul Dubkowski, Chief Executive Officer. “Our strong performance in the quarter was due to ongoing improvements in our margins, profitability, and free cash flow, while lowering debt and further strengthening our balance sheet. Margins continue to expand due to the success of our cost savings programs and are further supported by the Ontario Government’s recent policy changes, which reflect its ongoing commitment to a strong and competitive industry. The business is on a strong foundation as we look to generate sustained long-term value through above-category sales performance, EBITA growth, and leveraging our asset base.”\n \n\n\n Financial Highlights\n \n\n (Financial Statements and the Company’s Management Discussion and Analysis for the period can be obtained on the Company’s web site at\n \n ir.andrewpeller.com\n \n )\n \n\n\n\n\n For the three months ended June 30,\n \n\n\n\n\n\n\n\n\n\n\n (in $000, except per share amounts)\n \n\n\n\n\n\n 2025\n \n\n\n\n\n\n\n\n\n 2024\n \n\n\n\n\n\n Revenue\n \n\n\n $\n \n\n\n\n 99,184\n \n\n\n\n\n\n\n $\n \n\n 99,465\n \n\n\n\n\n\n Gross margin\n \n (1)\n \n\n\n\n\n\n 42,032\n \n\n\n\n\n\n\n\n\n 38,179\n \n\n\n\n\n\n Gross margin (% of revenue)\n \n\n\n\n\n 42.4\n \n\n\n\n %\n \n\n\n\n\n\n\n 38.4\n \n\n %\n \n\n\n\n Selling and admi...