Core Insights - Diamond Estates Wines & Spirits Inc. reported financial results for the fiscal year 2025, showing a revenue decrease but improvements in gross margin and EBITDA [1][6][9]. FY 2025 Summary - Total revenue for FY 2025 was $24.5 million, down from $28.5 million in FY 2024, a decrease of $4.0 million [6]. - The Winery division saw an increase in sales of $2.3 million, while the Agency division experienced a decrease of $6.3 million [6]. - Gross margin as a percentage of revenue improved to 52.7% in FY 2025 from 40.7% in FY 2024, with gross margin increasing by $1.3 million to $12.9 million [6]. - EBITDA increased by $6.8 million to positive $1.1 million in FY 2025 from a negative $5.7 million in FY 2024 [6]. - Net loss decreased from $10.7 million in FY 2024 to $2.5 million in FY 2025 [6]. Q4 2025 Summary - Total revenue for Q4 2025 was $4.2 million, a decrease of $1.3 million compared to Q4 2024 [6]. - Gross margin for Q4 2025 was $2.3 million, down from $3.7 million in Q4 2024, with gross margin as a percentage of revenue at 55.0% compared to 67.3% in Q4 2024 [6]. CFO Transition - Basman Alias has been appointed as the new Chief Financial Officer, effective August 27, 2025, succeeding Ryan Conte [4][5][7]. - Ryan Conte's departure was a planned transition, and he may consult with Lassonde Industries Inc., the largest shareholder of Diamond [5]. Strategic Developments - The company has benefited from retail expansion, government support, and a growing consumer preference for Canadian wines, which positively impacted the Winery division [6][9]. - Recent acquisitions, including the D'Ont Poke the Bear brand and the Perigon Beverage Group sales agency, align with the company's strategy to diversify and strengthen its business [9].

Core Points - Andrew Peller Limited has announced a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share, to be paid on October 10, 2025, to shareholders of record on September 30, 2025 [1] - The company has a long history of paying common share dividends since 1979 and currently designates all dividends as "eligible dividends" under the Income Tax Act (Canada) [1] Company Overview - Andrew Peller Limited is a leading producer and marketer of quality wines and craft spirits in Canada, with a portfolio of premium and ultra-premium brands including Peller Estates, Trius, and Wayne Gretzky [2] - The company operates 101 independent retail locations in Ontario under various store names and also imports premium wines from around the world through its subsidiaries [2] - The company focuses on serving all wine consumers and produces premium personal winemaking products through its subsidiary, Global Vintners Inc. [2]

Group 1 - The core viewpoint is that U.S. consumers are facing significant price increases on various imported goods due to high tariffs imposed by the Trump administration, which will ultimately lead to higher costs for households [1][4][7] - The average effective tariff rate on imported goods in the U.S. has reached 18.3%, the highest level since 1934, which is expected to increase average household spending by $2,400 by 2025 [4] - The tariffs are projected to cause a short-term price increase of 18.2% on computers and electronic products, with long-term increases of 7.7% [1][4] Group 2 - Apparel and footwear prices are expected to rise significantly, with short-term increases of 40% for shoes and 38% for clothing, and long-term increases of 19% and 17%, respectively [1] - The tariffs on Swiss watches, which are currently set at 39%, could lead to a short-term price increase of 39.7% for these products [5] - The tariffs are anticipated to lower the U.S. GDP growth rate by 0.5 percentage points annually in 2025 and 2026, and increase the unemployment rate by 0.3 percentage points by the end of 2025 [4]

Group 1: Trade Agreement and Tariffs - The EU-U.S. trade deal advances but does not address the wine and spirits industry, with a 15% tariff imposed on European goods [1] - The Distilled Spirits Council of the United States reported that Europe is the top client for U.S. spirits, importing approximately $1.2 billion in 2024 [2] - The European Union's alcohol exports to the U.S. totaled approximately $10.5 billion last year [2] Group 2: Impact of Tariffs on Exports - American whiskey exports surged by 60% in 2022 after the suspension of the EU's 25% retaliatory tariffs [4] - The European Committee of Wine Companies proposed a zero-for-zero tariff arrangement to benefit both U.S. and EU spirits products [6] - The U.S. remains the largest export destination for EU wines, accounting for 27% of EU wine exports in value [7] Group 3: Canada-U.S. Trade Relations - Canada's boycott of American spirits due to Trump's tariffs led to a more than 66% decline in U.S. spirits sales in Canada [10] - In Ontario, the largest spirits market in Canada, U.S. spirits sales dropped by 80% [10] - Last year, the U.S. imported $621 million worth of Canadian spirits while Canada imported $221 million worth of U.S. spirits [11]

Core Insights - The company reported a significant decline in revenues for the first half of 2025, with total revenues of €86.6 million, down 8.5% compared to the same period in 2024 [1][5][6] - The decline was particularly pronounced in the French market, where revenues fell by 17.4%, while international revenues saw a more moderate decrease of 1.3% [6][11] Revenue Breakdown - In France, revenues for H1 2025 were €35.1 million, down from €42.5 million in H1 2024, reflecting a 17.4% decline [5][8] - International revenues totaled €51.4 million in H1 2025, down from €52.4 million in H1 2024, marking a 1.3% decrease [5][11] - Q2 2025 revenues were €44.4 million, down 13.7% from €51.6 million in Q2 2024 [1][7] Market Performance - The spirits market in France continues to decline, with Q2 2025 sales down 23.8% compared to Q2 2024, largely due to distribution losses for the William Peel brand [6][8] - The On-Trade sector showed positive growth, with sales up 12.6% in H1 2025, indicating a divergence in performance between On-Trade and Off-Trade channels [6][10] - Internationally, the United States experienced a sharp revenue decline of 57.5% in Q2 2025, primarily due to inventory reductions by the importer [19][20] Strategic Responses - The company is implementing price adjustments to counteract rising costs of matured spirits and is focusing on maintaining constructive dialogue with Off-Trade chains to recover market positions [23][24] - Efforts are being made to diversify offerings through the development of Industrial Services and Agency Brands, which are showing growth potential [25][26] Outlook - The company anticipates continued challenges in the international wine and spirits market, with uncertainties regarding trade negotiations and potential increases in customs duties impacting profitability [22][26]

Group 1 - Marie Brizard Wine & Spirits has a liquidity contract with Natixis Oddo BHF, with specific assets reported as of June 30, 2025 [1] - The liquidity account held 92,466 shares and €46,433.38 in cash at the beginning of the review period, and 75,528 shares and €380,177.12 in cash at the end [5] - A total of 721 purchase transactions and 405 sale transactions were executed during the review period, with 131,651 shares and €442,496.27 for purchases, and 99,724 shares and €326,695.10 for sales [5] Group 2 - Marie Brizard Wine & Spirits is a European and U.S.-based group specializing in wines and spirits, with a history dating back to 1755 [2][3] - The company emphasizes a blend of traditional brands and innovative approaches, aiming to provide customers with reliable and flavorful brands [3] - The company is listed on Compartment B of Euronext Paris and is part of the EnterNext PEA-PME 150 index [3]

GRIMSBY, Ontario, June 11, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Andrew Peller Limited (ADW.A / ADW.B) (the “Company”) announced today that it has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share to be paid on July 11, 2025 to shareholders of record on June 30, 2025. The Company has consistently paid common share dividends since 1979. The Company currently designates all dividends paid as “eligible dividends” for purposes of the Income Tax Ac ...

Company Overview - Andrew Peller Limited is one of Canada's leading producers and marketers of quality wines, spirits, and craft beverage alcohol products [1][3] - The company offers a range of premium and ultra-premium brands, including Vintners' Quality Alliance (VQA) brands such as Peller Estates, Trius, and Wayne Gretzky [3] - Andrew Peller Limited operates 101 independent retail locations in Ontario under various store names and also imports premium wines globally [3] Leadership Change - Renee Cauchi has been appointed as the Chief Financial Officer of Andrew Peller Limited [1] - Cauchi has been with the company since 2015, holding progressively senior finance positions and overseeing finance, treasury, and risk functions [2] - The CEO, Paul Dubkowski, expressed confidence in Cauchi's capabilities and her understanding of the business, emphasizing her role in shaping the company's growth strategy [3]

Group 1 - The survey conducted by ProWine provides insights into the current state and future trends of the wine and spirits market in China, focusing on both producers and traders [1] - In 2024, approximately 25% of surveyed companies reported good or very good operating conditions, while 39% indicated a break-even situation, and 32% reported poor conditions [2][26] - For 2025, 53% of respondents expect an improvement in operating conditions, with 6% anticipating significant improvement, while 18% foresee a continued decline [2][28] Group 2 - The market outlook for alcoholic beverages from 2025 to 2027 shows optimism for categories such as domestic beer, fruit wine, RTD cocktails, imported sparkling wine, and domestic wine, with traders being particularly positive about domestic wine [2][34] - Producers are optimistic about low-alcohol and non-alcoholic wines, while traders favor dry white wines and sparkling wines [3][37] Group 3 - 62% of surveyed companies believe that whiskey has the highest growth potential among spirits in the next three years [4][40] - Key drivers for sales growth in the Chinese wine market include the recovery of the market and overall economic development, with a focus on emerging consumer groups and new consumption scenarios [5][44] Group 4 - Digital platforms and social media are identified as effective channels for consumer education, followed by winery visits and KOL endorsements [8] - 77% of surveyed companies expect significant growth in digital sales channels (social media, live e-commerce, etc.) over the next three years, with dining channels and small wine specialty stores following [9] Group 5 - Emotional resonance factors for new consumer groups include localized narratives that align with Chinese traditions, followed by modern and sophisticated lifestyles [10] - Traders anticipate that the top ten source countries for imported still wines in 2025 will include Australia, France, and Chile, with Australia benefiting from the termination of anti-dumping duties [11] Group 6 - 55% of Chinese wine producers are currently engaged in export activities, with 25% planning to export in the future [13] - Key target markets for exports include Japan, Hong Kong, and Singapore, with Thailand and Malaysia also being attractive [14][15] Group 7 - 69% of international producers view solidifying trade partnerships with China as crucial, and 58% are optimistic about market recovery [16] - The Asian market is particularly attractive, with Japan and Singapore leading, followed by Hong Kong and Taiwan [17]

Core Viewpoint - The rise of the "lightly intoxicated economy" has led to the rapid growth of fruit wine, becoming an important category in the beverage industry that reaches new consumer groups [1][3]. Industry Development - The fruit wine market in China is projected to have a compound annual growth rate (CAGR) of 23.6% from 2023 to 2025, significantly outpacing the traditional liquor growth rate of 3.2% [3]. - The establishment of the "China's First Low-Alcohol Trendy Beverage Characteristic Production Area" in Qionglai marks a significant milestone in the fruit wine industry [1][3]. Regional Advantages - Qionglai's favorable natural environment and high-quality fruit supply form a solid foundation for the fruit wine industry, with over 240,000 acres of fruit planting area and an annual production of over 210,000 tons of quality fresh fruit [5][6]. - The region's unique brewing techniques, including 12 intangible cultural heritage brewing skills, enhance the integration and innovation of the fruit wine industry [6]. Innovation and Support - Qionglai is fostering a supportive environment for the new beverage industry by introducing brands like "Rio" and establishing production bases that offer comprehensive services from product planning to brand marketing [6][9]. - The city aims to cultivate over 20 new beverage enterprises, focusing on product and supply innovation to meet the evolving consumer demands [6][9]. Cultural Integration - Qionglai is leveraging its rich wine culture to create a lifestyle aesthetic around fruit wine, developing a unique wine tourism circuit and a cluster of characteristic wineries [7][9]. - The region's historical significance in Chinese wine culture is being utilized to enhance consumer experiences and promote the charm of fruit wine [7]. Strategic Vision - Qionglai plans to strengthen its ecological environment, uphold traditional brewing craftsmanship, and innovate in product offerings to establish itself as a core production area for fruit wine in the East [8][9]. - The city is committed to integrating industry, culture, and ecology to create a cultural consumption ecosystem that enhances the wine tourism experience [9].