Corby Spirit and Wine Limited is a leading Canadian manufacturer, … · 2020-03-05 · Corby...
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Corby Spirit and Wine Limited Company Fact Sheet November 2019 Recent Highlights • Newly acquired Ungava Gin is the #1 super premium gin in Canada • Revitalization of the flagship J.P. Wiser's Canadian whisky brand, one of the country’s top ten value creating brands • Maintained Polar Ice as a top-selling vodka brand in Canada Revenue (in millions of Canadian dollars) Net Earnings (in millions of Canadian dollars) Cash Flow from Operating Activities (in millions of Canadian dollars) Earnings Per Share (in Canadian dollars) Revenue growth was primarily attributable to the performance of Corby’s owned-brand domestic performance as well as increased commission income. Net earnings remained relatively stable, as Corby increased its marketing investment in strategic brand equity building activities to drive long-term sustainable value growth. Strong profit conversion to cash continued. Fluctuations in working capital balances related to the timing of spend helped increase net cash from operating activities. Consistent year-on-year earnings reflects strong top-line performance that enabled reinvestment in key strategic initiatives. Corby Spirit and Wine Limited is a leading Canadian manufacturer, marketer, distributor and innovator of spirits and wines. Corby has been "stirring passion" – for and through our brands - for 160 years. It’s how we connect with consumers and why stakeholders choose us. Our comprehensive owned and represented portfolio is active in major spirits categories, enabling us to deliver consistent shareholder value. Through our local and international brands, Corby is a major presence in the Canadian spirits and wine market (circa 18% spirits + 3% wine by market value). Why Invest in Corby? • Generous dividend policy, the higher of $0.60 or 90% of net earnings • Affiliation with Pernod Ricard, global #2 player • Strong balance sheet to fund growth • Cash generative Honours • 2019 World Whiskies Awards: Four prestigious honours, including Best Canadian Blended Whisky and Best Flavoured Whisky • 2019 Canadian Whisky Awards: Top accolades including Whisky of the Year for J.P. Wiser’s 35 Year Old and J.P. Wiser’s Alumni Series • 2019 Ontario Wine Awards: Incredible win for the Foreign Affair Temptress 2016 Vintage Company Fact Sheet 143.2 145.7 149.9 25.6 25.7 25.7 34.0 27.8 31.3 0.90 0.90 0.90 17 18 19 17 18 19 17 18 19 17 18 19
Transcript of Corby Spirit and Wine Limited is a leading Canadian manufacturer, … · 2020-03-05 · Corby...
Corby Spirit and Wine Limited Company Fact Sheet November 2019
Recent Highlights• Newly acquired Ungava Gin is the #1 super premium gin in Canada
• Revitalization of the � agship J.P. Wiser's Canadian whisky brand, one of the country’s top ten value creating brands
• Maintained Polar Ice as a top-selling vodka brand in Canada
Revenue(in millions of Canadian dollars)
Net Earnings(in millions of Canadian dollars)
Cash Flow from Operating Activities
(in millions of Canadian dollars)
Earnings Per Share(in Canadian dollars)
Revenue growth was primarily attributable to the performance of
Corby’s owned-brand domestic performance as well as increased
commission income.
Net earnings remained relatively stable, as Corby increased its marketing
investment in strategic brand equity building activities to drive long-term
sustainable value growth.
Strong pro� t conversion to cash continued. Fluctuations in working
capital balances related to the timing of spend helped increase net cash from
operating activities.
Consistent year-on-year earnings re� ects strong top-line performance that
enabled reinvestment in key strategic initiatives.
Corby Spirit and Wine Limited is a leading Canadian manufacturer, marketer, distributor
and innovator of spirits and wines.
Corby has been "stirring passion" – for and through our brands - for 160 years. It’s how we connect with
consumers and why stakeholders choose us. Our comprehensive owned and represented portfolio is
active in major spirits categories, enabling us to deliver consistent shareholder value. Through our local and
international brands, Corby is a major presence in the Canadian spirits and wine market
(circa 18% spirits + 3% wine by market value).
Why Invest in Corby?• Generous dividend policy, the higher of $0.60 or 90% of net earnings
• A� liation with Pernod Ricard, global #2 player
• Strong balance sheet to fund growth
• Cash generative
Honours• 2019 World Whiskies Awards: Four prestigious
honours, including Best Canadian Blended Whisky and Best Flavoured Whisky
• 2019 Canadian Whisky Awards: Top accolades including Whisky of the Year for J.P. Wiser’s 35 Year Old and J.P. Wiser’s Alumni Series
• 2019 Ontario Wine Awards: Incredible win for the Foreign A� air Temptress 2016 Vintage
Company Fact Sheet
143.2145.7
149.925.6 25.7 25.7
34.0
27.8
31.3 0.90 0.90 0.90
17 18 19
Corby Spirit and Wine Limited is a leading Canadian manufacturer, marketer, distributor
and innovator of spirits and wines.
Corby has been "stirring passion" – for and through our brands - for 160 years. It’s how we connect with
consumers and why stakeholders choose us. Our comprehensive owned and represented portfolio is
active in major spirits categories, enabling us to deliver consistent shareholder value. Through our local and
international brands, Corby is a major presence in the Canadian spirits and wine market
(circa 18% spirits + 3% wine by market value).
17 18 19 17 18 19 17 18 19
Corporate InformationExecutive O� ce
225 King Street West, Suite 1100Toronto, ON M5V 3M2(416) 479-2400
Investor Relations Inquiries
SharesCorby’s Voting Class A Common Shares and Non-Voting Class B Common Shares are traded on the Toronto Stock Exchange under the symbols CSW.A and CSW.B, respectively.
To learn more about how we’re driving growth, visit us at reports.corby.ca
Corby Spirit and Wine Limited Company Fact Sheet November 2019
Five Business Priorities
Developing Passion Brands to Beat the Market• Rejuvenation of J.P. Wiser's whisky, which is now among Canada's top three value-gaining spirits brands
• National expansion of Ungava gin, outperforming the Canadian gin category
• Recovery of Polar Ice vodka to become one of the top-selling vodka brands in Canada
Realize Business Efficiencies• Full "grain-to-glass" resources of Hiram Walker
• Fully owned sales + marketing organization
Innovation On Brands and Processes• Innovation pipeline anchored in consumer insights. Examples include:
• Launch of Corby's J.P. Wiser's Old Fashioned Whisky Cocktail and Alumni Whisky Series
• Launch of Pernod Ricard's Jameson Ginger & Lime ready-to-drink cans, Jacob's Creek
Double Barrel Chardonnay, and Beefeater Pink
Value Ahead of Volume• Exploit new route-to-market opportunities (i.e. Grocery)
• Focus on premium brands (i.e. Ungava, Lot No. 40)
• Revenue Growth Management to actively manage pricing
Export Acceleration• Newly appointed VP, New Business Ventures, to secure export agreements for strategic brands
• Restructed sales organization to exploit export opportunities
• Export markets established in the U.S. and Europe
