Clearwater
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Increased global demand for seafood helped Canadian seafood company Clearwater Seafoods grow its sales and underlying EBITDA in the first quarter of 2017.
Canada-based Clearwater Seafoods is expanding its range of products on sale in North America to include "new wild-caught shellfish formats".
The 2015 acquisition of Macduff Shellfish has helped Canada-based Clearwater Seafoods report sales and earnings for 2016.
Canada-based Clearwater Seafoods today (10 November) booked a 29% rise in sales and an increase in adjusted EBITDA for the third quarter of the year, boosted mainly by higher selling prices and volumes across multiple species as well as favourable exchange rates.
Canada-based Clearwater Seafoods has booked a 20% increase in second-quarter sales compared to the same period a year ago, driven by what the company said was "favourable market dynamics as global demand for seafood outpaces supply".
Clearwater Seafoods has said higher volumes and pricing helped it deliver "record" first-quarter sales and earnings.
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