High Liner Foods Sees Boost from Foodservice Segment Amid Inflationary Pressures
Canada-based seafood firm High Liner Foods saw its foodservice business propel the company to strong financial results in the first quarter of 2023.
For the quarter, High Liner saw its sales jump by $34.5 million, or 11.7%, to $329.2 million compared to $294.7 million, and sales volume increase by 3.6 million pounds, or 4.9%, to 77.0 million pounds compared to 73.4 million pounds.
"Q1 2023 was another strong quarter for High Liner Foods marking eight consecutive quarters of Adjusted EBITDA growth," said President and CEO...
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