NSLC Announces Year-end Results

The Nova Scotia Liquor Corporation (NSLC) released its year-end results today for April 1, 2013 to March 31, 2014.

Compared to last year:
— Net income (earnings) totaled $228 million; an increase of $1.9 million or 0.8 per cent
— Total sales were $593.2 million, an increase of $223,000
— Total volume of alcohol sold was down 2.8 per cent, after a 0.7 per cent decline the prior year
— Overall customer transactions (purchases) were down 2.37 per cent, however the average dollar value of each transaction grew by 2.43 per cent

Local Product Highlights were:
— Sales of Nova Scotia wines grew by 10.6 per cent, building on the 21.9 per cent growth last year
— Sales of Nova Scotia ciders increased 146 per cent, on top of an increase of 95 per cent in the year prior
— Sales of Nova Scotia craft beers grew by 22 per cent, building on the 11.7 per cent growth last year

A detailed news release can be found by following the News Releases link on the NSLC website at www.myNSLC.com .

Source: Release

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