Brief: High Liner Foods Q3 adjusted earnings per share $0.30

High Liner Foods

09/11/2016 16:44

Nov 9 (Reuters) - High Liner Foods Inc  HLF.TO : 
    * Company increases quarterly dividend by 7.7% 
    * Qtrly dividend of CAD$0.14 per share represents 7.7% 
increase from CAD$0.13 per share quarterly dividend paid on 
September 15, 2016 
    * Q3 adjusted earnings per share $0.30 
    * High Liner Foods Inc qtrly sales as reported decreased by 
$9.3 million, or 3.9%, to $230.8 million compared to $240.1 
million 
    * Q3 earnings per share $0.21 
    * "Expect trend of year-over-year improvement in gross 
profit and adjusted ebitda to continue in Q4 of 2016" 
    * Expect sales volume trend to improve in Q4 
    * "Continue to believe will be a minimum of $20 million in 
annual costs savings on a run-rate basis, to be achieved by end 
of 2016" 
    * Q3 earnings per share view $0.34 -- Thomson Reuters 
I/B/E/S 
    * High Liner Foods reports operating results for the third 
quarter of 2016 
 
Source text for Eikon:  ID:nCNWfwjZ4a  
Further company coverage:  HLF.TO  
 
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