Strong growth initiatives and strategic investments in the first quarter of fiscal 2001 resulted in a slight decline in earnings for the period, Vincor International announced today.”During the first quarter we continued our transition into the premium wine category by investing in the acquisition of two of British Columbia’s leading estate wineries, launching two new premium wines in Ontario, expanding our premium offerings in the Québec grocery distribution channel, and gearing up for the launch of a new range of premium wines in Québec,” said Donald L. Triggs, Vincor President and Chief Executive Officer.The first quarter also saw Vincor continue the expansion of its celebrated icewine into the United States and the Company received further accolades with Jackson-Triggs being named the best Canadian Winery for the second year in a row at the International Wine and Spirit Competition in London, England.Vincor’s highlights for the quarter included:
Subscribe to Just Drinks
Join over 80,000 beverage industry professionals by unlocking full access for just $1 (plus VAT if applicable)
Already a Member? LOGIN HERE
Just Drinks membership gives you:
- Unlimited access to Just Drinks content including in-depth analysis, exclusive blogs, industry executive interviews and management briefings
- Unbeatable market coverage from wine and beer, to soft drinks
- Unrivalled apparel industry comment from Olly Wehring, Andy Morton and leading industry analysts
Want multi-user access? Explore our multi-user & corporate memberships
70% of the beverage companies in the Forbes Global 2000 use Just Drinks
