Canadian frozen seafood giant High Liner posted a 2.7 percent increase in full year 2021 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to $90.4 million (€79.7 million).
This came as revenue rose 5.8 percent to $875 million (€771 million) and as sales volumes dipped 3 percent from a year earlier to 233.7 million pounds
"We continue to benefit from our early action on supply chain diversification, however given the extent of the global supply chain challenges we were unable to fully satisfy demand for our products in the fourth quarter, impacting overall volumes," High Liner CEO Rod Hepponstall said.
