Brief: High Liner Foods Inc Says Expects Net Debt To Rolling Twelve Month Adjusted EBITDA Will Continue To Improve In 2020

High Liner Foods

07/11/2019 15:52

Nov 7 (Reuters) - High Liner Foods Inc  HLF.TO :
    * HIGH LINER FOODS INC - EXPECTS NET DEBT TO ROLLING TWELVE
MONTH
ADJUSTED EBITDA WILL CONTINUE TO IMPROVE IN 2020
    * HIGH LINER FOODS INC - NET DEBT DECREASED BY $12.3 MILLION
TO
$312.3 MILLION IN QUARTER COMPARED TO $324.6 MILLION AT JUNE 29,
2019
    * HIGH LINER FOODS - LIST 4B TARIFFS APPLY TO ONLY LIMITED
PRODUCTS SOLD BY CO AND ARE NOT EXPECTED TO HAVE A SIGNIFICANT
FINANCIAL IMPACT
    * HIGH LINER FOODS INC - "ADJUSTED EBITDA GROWTH WILL
CONTINUE
DESPITE FURTHER ANTICIPATED SALES VOLUME DECLINE"
    * HIGH LINER FOODS- EXCLUDING TARIFF IMPACT, PRICING, SUPPLY
OF
SEAFOOD RAW MATERIAL FOR PRODUCTS SOLD BY CO TO REMAIN
RELATIVELY STABLE IN 2019 AND 2020

Source text for Eikon:  ID:nCNWMc1QSa 
Further company coverage:  HLF.TO 

 ((Reuters.Briefs@thomsonreuters.com;))