Record Revenue and Market Share Growth
Andrew Peller Limited achieved an all-time high in revenue for fiscal 2025, outside of the first year of COVID, and grew market share across all major markets, becoming one of the fastest-growing domestic wine suppliers.
Gross Margin and EBITDA Improvement
Gross margin for the year rose above 40%, with a significant increase to 42.8% due to cost savings programs and the Ontario Grape Support Program. EBITDA increased by 25% to $62.9 million.
Successful Channel Expansion
Sales growth led by success in big box retail and 4,000 new distribution points in Ontario. Initial demand in the channel exceeded expectations, with strong performance from Gretzky, Trius, and PJ's portfolios.
Debt Reduction and Strong Cash Flow
Net debt reduced from $208.5 million to $182.4 million, with cash from operations increasing to $60.2 million compared to $38.1 million in the prior year.
Ontario Grape Support Program Impact
The Ontario Grape Support Program contributed $9.8 million to the gross margin and supports increased domestic grape content, with investments planned to handle increased production.