July 30, 2014 11:39 PM ET

Beverages

Company Overview of Andrew Peller Limited

Company Overview

Andrew Peller Limited produces, bottles, and markets wine and wine related products in Canada. The company’s principal products include blended table wines, sparkling and fortified wines, and varietal wines, as well as high end table wines, icewines, and sparkling wines. It offers wines under the Peller Estates, Trius, Hillebrand, Thirty Bench, Crush, Wayne Gretzky, Sandhill, Calona Vineyards Artist Series, Red Rooster, Peller Estates French Cross, Peller Estates Proprietors Reserve, Copper Moon, XOXO, skinnygrape, Black Cellar, Verano, Hochtaler, Domaine D’Or, Schloss Laderheim, Royal, Sommet, Benchmark, and Reserve brands, as well as under the Red Rooster brand names. The company also prod...

697 South Service Road

Grimsby, ON L3M 4E8

Canada

Founded in 1961

Phone:

905-643-4131

Fax:

905-643-4944

Key Executives for Andrew Peller Limited

Chief Executive Officer
Total Annual Compensation: $525.0K
Chief Financial Officer
Total Annual Compensation: $215.3K
Chief Operating Officer
Total Annual Compensation: $268.0K
President of Global Vintners Inc
Total Annual Compensation: $197.5K
Executive Vice President of Operations
Total Annual Compensation: $207.0K
Compensation as of Fiscal Year 2013.

Andrew Peller Limited Key Developments

Andrew Peller Limited Announces Increase in Common Share Dividends, Payable on July 4, 2014

On June 4, 2014, the board of directors of Andrew Peller Limited announced a 5% increase in common share dividends for shareholders of record on June 30, 2014, payable on July 4, 2014. The annual dividends on Class A shares were increased to $0.420 from $0.400 per share and the dividends on Class B shares were increased to $0.365 per share from $0.348 per share.

Andrew Peller Limited Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014

Andrew Peller Limited announced unaudited consolidated earnings results for the fourth quarter and full year ended March 31, 2014. For the quarter ended March 31, 2014, sales rose 3.8% to CAD 66.0 million from CAD 63.6 million in the same quarter last year. Earnings before interest, amortization, unrealized derivative gains (losses), other expenses, and income taxes (EBITA) were CAD 3.7 million compared to CAD 3.1 million for the same periods in fiscal 2013. Net loss for the quarter were CAD 0.6 million or CAD 0.04 per Class A share and CAD 0.03 per Class B share compared to CAD 0.9 million or CAD 0.07 per Class A share and CAD 0.06 per Class B share for the comparable prior year periods. Adjusted loss was CAD 0.039 million against CAD 0.512 million a year ago. For the year ended March 31, 2014, sales increased 3.0% to CAD 297.8 million against CAD 289.14 million a year ago. Earnings before interest, amortization, unrealized derivative gains (losses), other expenses, and income taxes (EBITA) were CAD 33.7 million compared to CAD 33.5 million for the same periods in fiscal 2013. Net profit for the year ended March 31, 2014 were CAD 14.0 million or CAD 1.01 per Class A share and CAD 0.88 per Class B share compared to CAD 14.5 million or CAD 1.04 per Class A share and CAD 0.91 per Class B share for the comparable prior year periods. The reduction in net earnings in fiscal 2014 is primarily due to the decrease in gross margins, the one-time restructuring charges, the change in non-cash gains on derivative financial instruments, and other income and expenses between the two fiscal years. Adjusted net earnings were CAD 14.6 million for the year ended March 31, 2014 compared to CAD 14.0 million in the prior year. In fiscal 2014 the company generated cash from operating activities, after changes in non-cash working capital items, of CAD 25.0 million compared to CAD 13.3 million in the prior year. Cash flow from operating activities increased due to strong earnings performance and improved use of working capital compared to the prior year. Purchase of property, equipment & vine biological assets was CAD 9.39 million against CAD 12.95 million a year ago. Purchase of intangible assets was CAD 1.8 million. Operating earnings were CAD 18.64 million against CAD 18.82 million a year ago. Earnings before income taxes were CAD 19.24 million against CAD 20.66 million a year ago.

Andrew Peller Limited to Report Q4, 2014 Results on Jun 04, 2014

Andrew Peller Limited announced that they will report Q4, 2014 results on Jun 04, 2014

Similar Private Companies By Industry

Company Name Region
Northam Beverages Americas
Aberfoyle Springs Company Americas
MicroBrasserie Charlevoix inc. Americas
Mountain Crest Brewing Company Americas
Leading Brands of Canada, Inc. Americas

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Andrew Peller Limited, please visit www.andrewpeller.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.