Brief: High Liner Foods Reports Q1 Earnings Per Share C$0.43

High Liner Foods

14/05/2019 14:09

May 14 (Reuters) - High Liner Foods Inc  HLF.TO :
    * HIGH LINER FOODS REPORTS OPERATING RESULTS FOR THE FIRST
QUARTER
OF 2019
    * Q1 SALES C$277.4 MILLION VERSUS C$319.2 MILLION
    * COMPANY REDUCES DIVIDEND AND INCREASES COST SAVINGS TARGET
TO
REDUCE DEBT
    * SETS QUARTERLY DIVIDEND OF C$0.05PER SHARE
    * Q1 ADJUSTED EARNINGS PER SHARE C$0.44 EXCLUDING ITEMS
    * QTRLY DILUTED EARNINGS PER SHARE INCREASED TO $0.43
    * Q1 EARNINGS PER SHARE C$0.43
    * EXPECT NET DEBT TO ROLLING TWELVE-MONTH ADJUSTED EBITDA
WILL
CONTINUE TO IMPROVE THROUGHOUT 2019
    * CONTINUE TO FACE ONGOING VOLUME DECLINES.
    * U.S. IMPORT TARIFFS ARE NOT EXPECTED TO HAVE A SIGNIFICANT
FINANCIAL IMPACT ON CO

Source text for Eikon:  ID:nCNW5fSdda 
Further company coverage:  HLF.TO 

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