Canadian seafood company High Liner reported a 16 percent increase in third-quarter adjusted earnings before interest, tax, depreciation and amortization (EBITDA) to $19.1 million (€16.1 million).

This came despite a 12 percent decline in revenues to $194.6 million (€163.7 million).

Sales volumes for the third quarter of fell by 5.5 million pounds to 54.7 million pounds compared with 60.2