Corby Distilleries has posted a slight rise in six-monthly earnings. The Canadian company said yesterday (13 April) that net earnings for the six months to 28 February reached C19.5m or C$2.75 per share, compared to C$19.2m or C$2.71 per share for the corresponding period last year.

Net operating revenue also increased slightly, by C$0.5m to C$62m in the first half of fiscal 2005.

The company, which is majority-owned by Allied Domecq, pointed out that the results were achieved in spite of the disruption in operations experienced at one of Corby's key customers, the Société des alcools du Québec, as a result of a labour dispute with its unionised employees.

Corby's board of directors also declared a dividend of C$0.55 per share payable on 16 May on Voting Class A Common Shares and Non-voting Class B Common Shares of the corporation to shareholders of record as at the close of business on 29 April.