Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


March 28, 2015 12:08 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, President and Director
Total Annual Compensation: $540.0K
Chief Operating Officer
Total Annual Compensation: $278.7K
Executive Vice President of Operations
Total Annual Compensation: $215.3K
Executive Vice President of Marketing
Total Annual Compensation: $206.0K
Compensation as of Fiscal Year 2014.

Andrew Peller Limited Key Developments

Andrew Peller Import Agency Announces National Expansion

Andrew Peller Import Agency announced the Canadian national expansion of its fine wine and premium spirits import, warehousing, and brand building service. The company, formerly Grady Wine Marketing, will now market and sell internationally recognized brands to provincial liquor monopolies, private retailers, restaurants, hotels, and clubs across English Canada. The expansion will enable the Agency to build on its track record of success in Western Canada, while leveraging the significant national resources of its parent company, Andrew Peller Limited. To service the vast national market, the Agency has created dedicated regional sales teams with in-depth local knowledge. The company also plans to replicate the winning 'go- to-market' strategy that made it so successful in Western Canada. The strategy is based on strong market coverage, concentrated channel marketing, powerful business intelligence, and an experienced and professional sales team.

Andrew Peller Limited Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended December 31, 2014

Andrew Peller Limited reported unaudited consolidated financial results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported sales of CAD 84.63 million compared to CAD 81.85 million a year ago. Operating earnings were CAD 8.36 million compared to CAD 7.95 million a year ago. Earnings before income taxes were CAD 7.74 million compared to CAD 8.22 million a year ago. Net earnings for the period were CAD 5.79 million or CAD 0.41 per basic and diluted class A share and or CAD 0.36 per basic and diluted class B share compared to CAD 5.97 million or CAD 0.43 per basic and diluted class A share and or CAD 0.37 per basic and diluted class B share a year ago. EBITA was CAD 11.6 million up 2.2% compared to CAD 11.4 million for the same prior year period. Adjusted net earnings, defined as net earnings not including restructuring charges, unrealized losses and gains on derivative financial instruments, and other expenses or income, increased 5.0% to CAD 6.2 million compared to CAD 6.0 million in the same prior year period. For the nine months, the company reported revenue of CAD 246.91 million compared to CAD 231.80 million a year ago. Operating earnings were CAD 21.57 million compared to CAD 19.92 million a year ago. Earnings before income taxes were CAD 20.71 million compared to CAD 20.20 million a year ago. Net earnings for the period were CAD 15.04 million or CAD 1.08 per basic and diluted class A share and or CAD 0.94 per basic and diluted class B share compared to CAD 14.60 million or CAD 1.05 per basic and diluted class A share and or CAD 0.91 per basic and diluted class B share a year ago. Cash provided by operating activities was CAD 17.59 million compared to CAD 19.15 million a year ago. Purchase of property, equipment, and biological assets was CAD 4.41 million compared to CAD 6.20 million a year ago. Purchase of intangible assets was CAD 0.37 million compared to CAD 1.51 million a year ago. For the first nine months of fiscal 2015 EBITA rose 4.8% to CAD 31.5 million compared to CAD 30.1 million last year. Adjusted net earnings raised 7.0% compared to prior year. Adjusted net earnings were CAD 15.7 million, up 7.0% compared to CAD 14.7 million in the prior year.

Andrew Peller Limited Announces Senior Management Change

The board of Directors of Andrew Peller Limited announced that Mr. Brian D. Athaide has been appointed Chief Financial Officer and Executive Vice President Human Resources and Information Technologies of the company effective January 5, 2015. In conjunction with this appointment Mr. Peter Patchet, Chief Financial Officer CFO and Executive Vice President Human Resources, will be retiring January 5, 2015. Mr. Athaide brings a wealth of experience to the Company following a distinguished and successful twenty-five year career with Proctor and Gamble most recently as Finance Director and Chief Financial Officer of P&G Eastern Europe and Central Asia.

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
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
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.