LCBO reports record profits for 18th year
Thirsty Ontarians helped boost profits at the LCBO this year.
The government-owned agency reports that sales of wine, spirits and beer rose 3.9% to just under $5 billion for 2012-2013.
It was LCBO’s 18th straight year of record sales and 19th consecutive record dividend.
Ontario wines led the sales growth increasing 5.4% while Ontario craft beers led all beer segments with 33% growth.
