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    CSW.A   CA2183491083

CORBY SPIRIT AND WINE LIMITED

(CSW.A)
  Report
Delayed Toronto Stock Exchange  -  03:59 2022-09-27 pm EDT
17.50 CAD   -2.18%
09/15CORBY SPIRIT AND WINE LIMITED : Ex-dividend day for
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08/29Corby spirit and wine announces change of director
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08/29Corby Spirit and Wine Limited Announces Change of Director
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CORBY SPIRIT AND WINE AND HIRAM WALKER SUPPORT BIODIVERSITY BY BUILDING AND DONATING BEEHIVES FOR 10TH ANNUAL RESPONSIB'ALL DAY

06/15/2022 | 03:03pm EDT

TORONTO, June 15, 2022 /CNW/ - On June 16th, all Corby Spirit and Wine and Hiram Walker & Sons employees will dedicate a whole day to learning, sharing, and having a positive and meaningful impact in their communities. First launched in 2011, Responsib'All Day is when employees act as frontline ambassadors to the 2030 Sustainability & Responsibility roadmap 'Good Times from a Good Times' and achieve real impact. The focus this year is helping to protect and restore nature and biodiversity, in line with the companies' commitment to nurturing the land.

"Our company mission is to unlock the magic of human connection by bringing good times from a good place. Responsib'All Day is a perfect demonstration of how we bring this to life with our employees around the world," said Nicolas Krantz, President, Chief Executive Officer of Corby. "After two years of not being able to host Responsib'All Day, we are delighted to be able to roll up our sleeves and get back into our communities, to play our part in a true spirit of convivialité. As Créateurs de Convivialité, we all have a role to play in building a more sustainable and responsible world."

The teams will be joined by 18,500 global employees of its majority shareholder, Pernod Ricard, in various community projects like planting trees in natural conservation areas, renovating green urban spaces, and collecting waste from beaches and rivers.

"Throughout the pandemic, we have continued to accelerate our S&R roadmap to nurture the land and its biodiversity. Responsib'All Day is a way of ensuring our employees understand the importance of preserving nature for our business and for the communities around them," adds Craig Dryburgh, Vice President, North America Manufacturing at Hiram Walker.

All Corby and Hiram Walker products come from nature and rely on well-functioning ecosystems to continue to produce the iconic brands now and for generations to come. However, the losses in the bee industry are expected to surpass the billion-dollar mark this year in Canada – a severe impact to the whole agriculture industry. In response, employees are building beehives to provide a safe space for bees to store food reserves and keep colonies healthy and strong.

In total, 66 hives will be built and donated to local beneficiaries where they will host colonies of bees, which serve an important role in biodiversity. Each colony can range from 10,000 bees in the spring to up to 80,000 in the summer, and are essential for the pollination of flowers, fruits and vegetables. Beneficiaries include:

  • Niagara College
  • Essex County Beekeepers Group
  • Dare to include! / Pleins Rayons
  • City of Kingsville
  • Calgary Beekeepers Association
  • University of British Columbia / BCB Honey Farm
  • Feeder Flower Farm

Beehive building and other Responsib'All Day activities will be taking place across Canada in Halifax, NS; St. John's, NL; Cowansville, QC; Windsor, ON; Niagara, ON; Winnipeg, MB; Regina, SK; Edmonton, AB; Calgary, AB; Richmond, BC; Kelowna, BC; and Victoria, BC. Employees across the country will take part in initiatives to raise awareness of the importance of restoring nature and promoting biodiversity.

About Corby Spirit and Wine

Corby Spirit and Wine Limited is a leading Canadian manufacturer, marketer and distributor of spirits and wines. Corby's portfolio of owned-brands includes some of the most renowned brands in Canada, including J.P. Wiser's®, Lot 40®, and Pike Creek® Canadian whiskies, Lamb's® rum, Polar Ice® vodka, McGuinness® liqueurs, Ungava® gin, Cabot Trail® maple-based liqueurs and Chic Choc® Spiced rum, and Foreign Affair® wines. Through its affiliation with Pernod Ricard S.A., a global leader in the spirits and wine industry, Corby also represents leading international brands such as ABSOLUT® vodka, Chivas Regal®, The Glenlivet® and Ballantine's® Scotch whiskies, Jameson® Irish whiskey, Beefeater® gin, Malibu® rum, Kahlúa® liqueur, Mumm® champagne, and Jacob's Creek®, Wyndham Estate®, Stoneleigh®, Campo Viejo®, and Kenwood® wines. Corby is a publicly traded company based in Toronto, Ontario, and listed on the Toronto Stock Exchange under the trading symbols CSW.A and CSW.B. For further information, please visit our website or follow us on LinkedIn, Instagram, or Twitter.

About Hiram Walker & Sons Limited

Established nearly 160 years ago, Hiram Walker & Sons Limited's tradition of blending quality ingredients, processes and highly skilled people continues at the Windsor, Ontario based production facility. Hiram Walker produces brands such as J.P. Wiser's®, Lot No. 40®, Pike Creek®, Gooderham & Worts® and Royal Reserve® Canadian whiskies, Polar Ice® vodka, Malibu® and Lamb's® rums, and McGuinness® liqueurs for Canadian distribution by its affiliate, Corby Spirit and Wine Limited. Hiram Walker is a subsidiary of Pernod Ricard S.A., a leading global spirits and wine company with premium international brands such as ABSOLUT® vodka, Chivas®, The Glenlivet® and Ballantine's® Scotch whiskies, Jameson® Irish whiskey, Beefeater® gin, Kahlúa® liqueur, Mumm® champagne, and Jacob's Creek®, Wyndham Estate®, Stoneleigh®, Campo Viejo®, and Kenwood® wines. For further information, please visit our website and follow us on LinkedIn, Instagram, or Facebook.

SOURCE Corby Spirit and Wine Communications

© Canada Newswire, source Canada Newswire English

Stocks mentioned in the article
ChangeLast1st jan.
CORBY SPIRIT AND WINE LIMITED -2.18% 17.5 Delayed Quote.6.68%
PERNOD RICARD 0.30% 184.4 Real-time Quote.-13.07%
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Financials
Sales 2022 159 M 116 M 116 M
Net income 2022 23,4 M 17,0 M 17,0 M
Net cash 2022 48,8 M 35,5 M 35,5 M
P/E ratio 2022 21,0x
Yield 2022 5,57%
Capitalization 488 M 355 M 355 M
EV / Sales 2021 2,64x
EV / Sales 2022 2,75x
Nbr of Employees 177
Free-Float 55,6%
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Managers and Directors
Nicolas Stanislas Krantz President, Chief Executive Officer & Director
George F. McCarthy Chairman
Patricia L. Nielsen Independent Director
Donald V. Lussier Independent Director
Helga Reidel Independent Director
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