Andrew Peller Limited Reports Financial Results for Third Quarter of Fiscal 2026

GRIMSBY, Ontario, Feb. 10, 2026 (GLOBE NEWSWIRE) — Andrew Peller Limited (TSX:ADW) (“APL” or the “Company”) today announced results for the three and nine months ended December 31, 2025. All amounts are expressed in Canadian dollars unless otherwise stated.

THIRD QUARTER 2026 HIGHLIGHTS

• Revenue was $108.8 million, up from $105.4 million in Q3 2025;
• Gross margin of 41.8%, up from 40.2% in the prior year;
• EBITA increased by 6.1% to $19.7 million, from $18.5 million in Q3 2025; and
• Net earnings improved to $7.9 million, compared to $7.7 million in Q3 2025.

YTD 2026 HIGHLIGHTS

• Revenue was $313.5 million, compared with $314.1 million in the prior year;
• Gross margin of 43.3%, up from 40.4% in the prior year;
• EBITA increased to $57.1 million, from $49.4 million in the prior year;
• Net earnings grew to $21.4 million ($0.50 per Class A Share), compared to $11.9 million ($0.28 per Class A Share) in the prior year; and
• Dividends of $0.185 per Class A Share and $0.161 per Class B Share.

“Highlighted by top-line growth and continued expansion in our margins and earnings, it was another strong quarter for the Company. These results reflect positive trends across multiple trade channels and regions, including a strong quarter in Western Canada and sustained momentum in emerging channels in Ontario,” said Paul Dubkowski, Chief Executive Officer. “With our strong balance sheet and continued momentum, we are making targeted investments in growth aimed at continuing to gain share in core markets, while positioning the Company for success in high-growth product segments.”

Financial Highlights
^{(Financial Statements and the Company’s Management Discussion and Analysis for the period can be obtained on the Company’s web site at ir.andrewpeller.com)}