Canadian seafood company High Liner posted a 13 percent increase in fourth quarter adjusted earnings before interest, tax, depreciation and amortization (EBITDA) to $21.2 million (€17.5 million) for the period ended Jan. 2.
Despite this, sales fell 10.5 percent to $198.4 million (€163.5 million) from a year earlier. In the past two years as part of a business turnaround plan the company has been ditching its least profitable lines.
