Earnings release
Page 1
ANDREW PELLER -LIMITED - Andrew Peller Limited Reports First Quarter 2027 Financial Results -- GRIMSBY , Ontario , Aug. 11 , 2026 Andrew Peller Limited ( TSX : ADW.A / ADW.B ) ( " APL " or the " Company " ) today announced that it has filed its unaudited condensed interim consolidated financial statements and the accompanying management's discussion and analysis ( " MD & A ” ) for the three months ended June 30 , 2026 . The complete interim financial statements and MD & A are available under the Company's profile on SEDAR + and on the investor relations section of the Company's website at ir.andrewpeller.com . About Andrew Peller Limited Andrew Peller Limited is one of Canada's leading producers and marketers of quality wines and craft beverage alcohol products . The Company's award - winning premium and ultra - premium Vintners ' Quality Alliance brands include Peller Estates , Trius , Thirty Bench , Wayne Gretzky , Sandhill , Red Rooster , Black Hills Estate Winery , Tinhorn Creek Vineyards , Gray Monk Estate Winery , Raven Conspiracy , and Conviction . Complementing these premium brands are a number of popularly priced varietal offerings , wine - based liqueurs , craft ciders , and craft spirits . The Company owns and operates 101 well - positioned independent retail locations in Ontario under The Wine Shop , Wine Country Vintners , and Wine Country Merchants store names . The Company also operates Andrew Peller Import Agency and The Small Winemaker's Collection Inc. , importers and marketing agents of premium wines from around the world . With a focus on serving the needs of all wine consumers , the Company produces and markets premium personal winemaking products through its wholly owned subsidiary , Global Vintners Inc. , the recognized leader in personal winemaking products . More information about the Company can be found at ir.andrewpeller.com . FORWARD - LOOKING INFORMATION Certain statements contained in this news release contain " forward - looking information " within the meaning of applicable securities laws . Any statements that express or involve discussions with respect to predictions , expectations , beliefs , plans , projections , objectives , assumptions or future events or performance ( often , but not always , using words or phrases such as " expects " or " does not expect " , " is expected " , " anticipates " or " does not anticipate " , " plans " , " estimates " or " intends " , or stating that certain actions , events or results " may " , " could " , " would " , " might " , " have potential " or " will " be taken , occur or be achieved ) are not statements of historical fact and may be " forward - looking statements . " Forward - looking information and statements are not based on historical facts , but rather on current expectations and projections about future events , and are therefore subject to a variety of risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward - looking statements . Forward - looking information and statements include , but are not limited to , information and statements regarding the Arrangement , regulatory and court approval of the Arrangement , the timing and ability of the Company to complete the Arrangement ( if at all ) and the timing and ability of the Company to satisfy the conditions precedent to completing the Arrangement ( if at all ) as set forth in the arrangement agreement . Although the Company believes that the expectations reflected in such forward - looking information and statements are reasonable , such information and statements involve risks and uncertainties , and undue reliance should not be placed on such information and statements . Material factors or assumptions that were applied in formulating the forward - looking information contained herein include , without limitation , the expectations and beliefs of the Company , and its management and board of directors , as of the date hereof . The Company cautions that the foregoing list of material factors and assumptions is not exhaustive . Many of these assumptions are based on factors and events that are not within its control , and there is no assurance that they will prove correct . Consequently , there can be no assurance that the actual results or developments anticipated by the Company will be realized or , even if substantially realized , that they will have the expected consequences for , or effects on , the Company , the current Shareholders , or its future results and performance of the Company . For additional information with respect to these and other factors and assumptions underlying the forward - looking statements made in this news release concerning the transaction with Fairfax Financial Holdings Limited , see the Circular available on SEDAR + ( www.sedarplus.ca ) under the Company's issuer profile . Readers , therefore , should not place undue reliance on any such forward - looking statements . There can be no assurance that the Arrangement will be completed or that it will be completed on the terms and conditions contemplated in this news release . The Arrangement could be modified or terminated in accordance with its terms . Further , the forward - looking information and statements in this news release are based on beliefs and opinions of the Company at the time the statements are made , and there should be no expectation that these forward - looking statements will be updated or supplemented as a result of new information , estimates or opinions , future events or results or otherwise , and the Company disavows and disclaims any obligation to do so except as required by applicable law . Nothing contained herein shall be deemed to be a forecast , projection or estimate of the future financial performance of the Company . For more information , please contact : Craig Armitage ir@andrewpeller.com Source : Andrew Peller Limited