Record-Breaking Revenue and Growth
Corby Spirit and Wine reported a record high quarterly revenue of $75.4 million, marking a 16% increase over Q1 FY '25, with a 9% growth in net earnings.
RTD Segment Success
The RTD portfolio delivered an outstanding 44% value growth, significantly outpacing the category nationally and reinforcing Corby's position as a key player in Canada's RTD market.
Strong Spirits Market Share Gain
Corby outpaced the Canadian spirits market by 6.8 points, achieving a 5.9% growth in value while the market declined by 0.9%.
Healthy Financial Metrics
Corby's net debt to adjusted EBITDA improved to 1.4x from 1.8x last year, with a robust cash flow from operating activities totaling $5.6 million, a $1.9 million increase year-over-year.
Strategic Portfolio Management
Corby completed the disposal of noncore ABG brands to enhance its growth profile and announced an increase in ownership of ABG to 95%.