Business
Andrew Peller Limited Reports Financial Results for Second Quarter of Fiscal 2026
GRIMSBY, Ontario, Nov. 04, 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 Second Quarter of Fiscal 2026\n\n\n\n GRIMSBY, Ontario, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Andrew Peller Limited (TSX: ADW.A / ADW.B) (“APL” or the “Company”) today announced results for the three and six months ended September 30, 2025. All amounts are expressed in Canadian dollars unless otherwise stated.\n \n\n\n SECOND QUARTER 2026 HIGHLIGHTS\n \n\n\n\n Revenue was $105.5 million, compared with $109.2 million in Q2 2025;\n \n\n Gross margin of 45.7%, up from 42.4% in the prior year;\n \n\n EBITA increased by 18% to $21.3 million, from $18.0 million in Q2 2025; and\n \n\n Net earnings improved to $8.9 million ($0.21 per Class A Share), compared to $4.6 million ($0.11 per Class A Share) in Q2 2025.\n \n\n\n\n YTD 2026 HIGHLIGHTS\n \n\n\n\n Revenue was $204.7 million, compared with $208.7 million in the prior year;\n \n\n Gross margin of 44.1%, up from 40.5% in the prior year;\n \n\n EBITA increased 21% to $37.4 million, from $30.8 million in the prior year;\n \n\n Net earnings grew to $13.5 million ($0.32 per Class A Share), compared to $4.2 million ($0.10 per Class A Share) in prior year; and\n \n\n Dividend of $0.123 per Class A Share and $0.107 per Class B Share.\n \n\n\n\n “It was a strong second quarter, highlighted by significant year-over-year growth in our margins, earnings and cash flow, and further strengthening of our balance sheet,” said Paul Dubkowski, Chief Executive Officer. “Our year-over-year sales performance reflects the significant positive benefit from the LCBO strike in last year’s second quarter. Excluding the impact of this, our second-quarter sales increased over the prior year, led by solid results from key channels across the country, including liquor boards, grocery, big-box stores and the estate properties. Looking ahead, we are well positioned to continue growing market share in our core wine businesses while also building on our success to date in high-growth product segments and new sales channels in the Ontario market.”\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 and six months ended S...