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Diamond Estates Wines and Spirits Inc. announces $5.6M in firm export orders for fiscal 2017
Diamond Estates Wines and Spirits Inc. announces $5.6M in firm export orders for fiscal 20...
About this update from Diamond Estates Wines & Spirits, Inc.
[{"type":"text","content":"\n\n\n\nDiamond Estates Wines and Spirits Inc. announces $5.6M in firm export orders for fiscal 2017\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nDiamond Estates Wines and Spirits Inc. announces $5.6M in firm export orders for fiscal 2017\nCanada NewsWire\nNIAGARA-ON-THE-LAKE, ON, March 31, 2016\n\n\n\n\n\n\nNIAGARA-ON-THE-LAKE, ON, March 31, 2016 /CNW/ - Diamond Estates Wines & Spirits Inc. (\"Diamond Estates\" or \"the Company\") (DWS-TSX Venture) today announced that it has firm orders for $5.6 million of Ontario table and ice-wine products to be shipped outside Canada in the upcoming fiscal year ending March 31, 2017.\n\nThese orders, which are destined for distributors in South Korea and China, are currently scheduled to be filled between April 1, 2016 and March 31, 2017.  Just taking into account these orders represents a 75% increase in revenue over export shipments for the fiscal year ended today.  \n\n\"We are pleased with this significant increase in our export business, which demonstrates the growing popularity of our wines in these regions and reinforces our reputation for producing high quality product. These orders are from distributors with whom we have experience and a high degree of confidence,\" said Murray Souter, President and CEO of Diamond Estates. \n\nAbout Diamond Estates Wines and Spirits Inc.\n\nDiamond Estates Wines and Spirits Inc. is a producer of high quality wines and a sales agent for over 120 beverage alcohol brands across Canada.  The company operates two wineries in the Niagara region of Ontario producing VQA and blended wines under such well-known brand names as 20 Bees, EastDell Estates, Lakeview Cellars, Dois Amigos, Dan Aykroyd, Benchmark and Seasons. Through its partnership, Kirkwood Diamond Canada, the Company is the sales agent for top selling international brands in all regions of the country as well as being a distributor in the western provinces.  These recognizable brands include Fat Bastard wines from France, Hpnotiq Liqueur from France, Anciano wines from Spain, Francois Lurton wines from Fra...