CANADA: Vincor record sales benefit from acquisitions strategy

By Chris Brook-Carter | 8 June 2001

Vincor International, Canada's largest producer of wine and related products, today reported record net sales of $294.9m and net income of $14.3m or $0.97 per share for the year-ended March 31, 2001. This represents a 9% increase over net sales of $269.7m and an 8% increase over net income of $13.2m for the prior year. Operating income for the 12 month period was reported at $35.6m representing a 25% increase on the previous year.

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Vincor International, Canada's largest producer of wine and related products, today reported record net sales of $294.9m and net income of $14.3m or $0.97 per share for the year-ended March 31, 2001. This represents a 9% increase over net sales of $269.7m and an 8% increase over net income of $13.2m for the prior year. Operating income for the 12 month period was reported at $35.6m representing a 25% increase on the previous year.

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