High Liner Foods Inc T.HLF

Alternate Symbol(s): HLNFF

Consumer Defensive Packaged Foods

High Liner Foods Incorporated is a Canada-based processor and marketer of value-added frozen seafood. The Company produces a range of products from breaded and battered items to seafood entrees, that are sold to North American food retailers and foodservice distributors. In addition, it is a supplier of commodity products in the North American market. The retail channel includes grocery and club stores, and its products are sold throughout the United States and Canada under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and Catch of the Day labels. The foodservice channel includes sales of seafood that is usually eaten outside the home and its branded products are sold through distributors to restaurants and institutions under the High Liner, Mirabel, Icelandic Seafood1 and FPI labels. The Company is also a supplier of private-label value-added frozen premium seafood products to North American food retailers and foodservice distributors.

TSX:HLF - Post by User

High Liner Foods Inc

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Post by bellerophonon May 09, 2018 7:12pm

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RBC Capital Markets reports on HLF

RBC Capital Markets reports (May 9, 2018) on High Liner Foods Inc.: "Q1 EBITDA below forecasts; Revising price target -C$1 to C$12 Our view: High Liner Foods Inc. ("HLF") reported Q1/18 Adjusted EBITDA below RBC forecast. For full-year 2018, we expect improved YoY earnings driven by modest organic volume growth and contribution from the Rubicon acquisition." If you like this post please give it some rating stars.

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