Magnotta Winery Corporation has posted a slight rise in sales for its first quarter.

The Canadian wine company said yesterday (13 June) that net sales for the three-month period to 30 April were up by 2.9% to C$5.74m (US$5.16m), resulting from an expanded customer base, increased licensee sales to restaurateurs, and more focused marketing campaigns.

Net earnings at the winery increased 2.8% to C$0.824m from C$0.802m in the prior year period.

Magnotta, which has seven locations in Ontario, Canada, said that the steady increase in sales is consistent with management expectations.