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Buoyed by Icelandic Acquisiton, High Liner Q2 Sales Rise Almost 43% as Profits Fall
date:Aug 10, 2012
ming of the Lenten
period, which transpired mostly in the first quarter this yearversus the later timing in 2011.

Adjusted EBITDA for the second quarter increased by 52.0% to$16.5 million, or 7.5% of sales, from $10.9 million, or 7.1% ofsales, for the same period in 2011. The increase in adjustedEBITDA was due to higher sales volumes resulting from theaddition of Icelandic USA and higher selling prices, partiallyoffset by higher seafood and other input costs. For comparisonpurposes, assuming th

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