Adjusted earnings before income, taxes, depreciation and amortization (EBITDA) increased 7.4 percent, to $14.1 million ($13.9 million/€10.9 million), on lower reported sales, while sales volume as measured in pounds increased 3 percent to 51 million pounds, with increases in both Canadian and U.S. operations, the company said Tuesday.
Sales for the quarter ended April 3 were $165.1 million ($162.2 million/€127.7 million), down 10 percent from $183.3 million ($180.1 million/€147.7 million) from the same period last year, as the stronger Canadian dollar decreased the value of reported U.S.