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Andrew Peller Limited Reports Change in Board of Directors

Andrew Peller Limited Reports Change in Board of Directors
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Andrew Peller Limited Reports Strong Revenue and Earnings in Fiscal 2021

Andrew Peller Limited Reports Strong Revenue and Earnings in Fiscal 2021
06/16/2021 | 05:39pm EDT
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GRIMSBY, Ontario, June 16, 2021 (GLOBE NEWSWIRE) Andrew Peller Limited ADW.A/ADW.B (“APL” or the “Company”) announced strong revenue and earnings for the year ended March 31, 2021.
FISCAL 2021 HIGHLIGHTS:
Sales up 2.8% from last year on resiliency of diversified trade channel network and launch of new e-commerce platform;
Gross margin impacted by change in sales mix due to COVID-19 pandemic;
Selling and administration expenses decreased due to reduced spending as a result of the pandemic;
EBITA increased to $63.0 million from $61.5 million last year; ....

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