Andrew Peller Ltd T.ADW.A

Alternate Symbol(s): ADWPF | T.ADW.B

Consumer Defensive Beverages - Wineries & Distilleries

Andrew Peller Limited is a producer and marketer of wines and craft beverage alcohol products in Canada. With wineries in British Columbia, Ontario and Nova Scotia, the Company markets wines produced from grapes grown in Ontario’s Niagara Peninsula, British Columbia's Okanagan and Similkameen Valleys, and from vineyards around the world. Its 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. It imports wines from various wine regions around the world to blend with domestic wine to craft these products. It also produces craft beverage alcohol products, including No Boats on Sunday ciders and seltzers, and various spirits and cream whisky products under the Wayne Gretzky No. 99 brand. It produces and markets premium personal winemaking products through its subsidiary, Global Vintners Inc.

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Andrew Peller Ltd > Port Moody Valuation - $45-50 million?

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Comment by Stonksonlyup90on Nov 13, 2023 8:04pm

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Post# 35733265

RE:RE:RE:RE:Port Moody Valuation - $45-50 million?

My key takeaways from the call is that they want to get back to a $50M EBITDA run rate and to get debt back to 2x EBITDA (I missed a "range" of 2-2.5x, but thought they were specifically targeting 2x in the next 6-12mnths.

That would mean they plan to pay back about $100M of debt (working capital improvements, sale of Port Moody and other non-core assets).

I also took away they are expecting in the ballpark of $50M from Port Moody sale in the next 6-12mnths. Any upside a pleasant surprise!!

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