Sales revenues in the first quarter rose slightly from C$4.1m to $4.3m. However, operating income before interest and amortization dropped from C$240,000 to $148,000 in the first quarter of the current fiscal year. The company attributed this fall to last year’s disposal of the Algonquin brand. Premium beer sales volumes rose by 11%, the company said.

Stay informed for just £1! *

Get access to unbiased and data-driven news with a subscription to Just Drinks.

What’s included in your subscription:

  • Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
  • Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot
    beverages
  • Unrivalled drinks industry comment from Dean Best, Jessica Broadbent and leading sector specialists

Have a Subscribtion Sign in

Get help with subscribing or signing in

*30-day digital subscription for £1. Available to new subscribers only