As High Liner rounds out its third quarter, which showed 78 percent earnings growth, the company is upping its earnings targets and its focus on high-end frozen products.
Its targeted earnings before interest, taxes, depreciation and amortization (EBITDA) are now CAD 150 million ($149.7/€117.8 million) by 2015, a significant increase from the goal it set in 2010.
“We like to be aspirational in our goals,” CFO Kelly Nelson told shareholders in a conference call on Friday. “We originally had the target of CAD 100 million ($78.5