High Liner Foods
High Liner Foods saw profits rise in 2016 despite lower sales and the Canada-based seafood business said it needs new products to breathe fresh life into its volumes this year.
High Liner Foods, the Canada-based frozen seafood business, has reported higher nine-month profits as lower input costs again offset declining sales in the third quarter.
US group Blue Harvest Fisheries has completed its acquisition of Canada-listed High Liner Foods' scallop business.
Canada-listed High Liner Foods has agreed to sell its scallop business to US group Blue Harvest Fisheries.
High Liner Foods, the Canada-listed seafood group, today (16 August) reported a fall in half-year sales but supply chain savings helped its profitability improve.
High Liner Foods has said it was "encouraged" by a first quarter in which its profits rose but sales fell, although the Canada-based seafood supplier said it had work ahead to improve its performance.
High Liner Foods has reported a fall in full-year earnings, impacted by raw material cost increases and lower volumes sold in the fourth quarter.
Canadian seafood group High Liner Foods has seen nine-month sales and earnings hit by the depreciation of the Canadian dollar against the US dollar.
High Liner Foods has announced it will be offering foodservice operators in the US Department of Agriculture's lunch programme a range of bite-sized seafood products, Simply Sauce Seafood Bites.
This week's rundown of the latest financial results include a profit warning from TreeHouse Foods, an increase to profit forecasts at Post Holdings and a clutch of Japanese companies reporting their first-quarter results.
This week's result round-up includes a positive start to the year for UK own-label group Bakkavor, better sales but pressure on profits for Canada's Weston Foods and a slide in revenue at French poultry group Duc.
Canada-based seafood supplier High Liner Foods has reported an increase in annual revenue but lower profits as it struggled to drive sales in the US foodservice sector.
Canada-based frozen seafood group High Liner Foods will end production at a leased facility in the US as it looks to reduce its "excess capacity" in the country.
Canada-based seafood group High Liner Foods has posted higher net sales and net income for the third quarter but admitted pressure on US volumes and saw underlying earnings fall.
High Liner Foods has acquired US salmon importer Atlantic Trading Co. for an undisclosed sum.
Canada-based seafood group High Liner Foods today (12 August) reported an increase in half-year profits but booked sliding second-quarter earnings on the back of input costs and soft foodservice sales.
Canada's High Liner Foods has reported higher first-quarter profits on the back of improved efficiency and the impact of last year's acquisition of American Pride Seafoods.
High Liner Foods has booked an increase in full-year earnings thanks to "significantly lower" financing and one-time costs.
- Interview: Sir Kensington's on sale to Unilever
- Analysis: Post discusses rationale for Weetabix
- Interview: "Disruptive" snack brand Hippeas
- Column: Why snacking is the new meal
- Who will buy Danone's Stonyfield business?
- Unilever buys US condiments maker Sir Kensington's
- Tyson shops Sara Lee bakery, Kettle and Van's
- Icelandic to sell Saucy Fish Co. owner Seachill
- Dairy dampens Danone in Q1
- Nestle organic growth slows but beats expectations