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Canadian wine group Andrew Peller has seen quarterly sales and earnings rise thanks to first-time contributions from new products.

The company saw operating profit rise 3% to C$9.3m (US$7.9m) during the three months to 31 December. Sales were up 6.3% to C$63.2m, thanks to "solid" contributions from wine labels XOXO and Croc Crossing.

"We were pleased to generate strong solid organic growth in the third quarter," president and CEO John Peller said yesterday (8 February).

The company, based in Ontario, said operating profit for the nine months to 31 December rose 10.2% to C$23.4m. Year-to-date sales rose 8.8% to C$177.8m.


Sectors: Wine

Companies: Andrew Peller

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