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Buoyed by Icelandic Acquisiton, High Liner Q2 Sales Rise Almost 43% as Profits Fall
date:Aug 10, 2012
uarter increased to $219.0 million from$153.3 million for the same period a year ago. The 42.9% increasein sales was achieved as a result of the Icelandic USAacquisition and overall organic sales increases from thecompanys pre-Icelandic USA business.

The weaker Canadian dollar resulted in an increase in thevalue of reported sales by $4.0 million, or 3.3%. Sales indomestic currency, which excludes the impact of currency
translation, were $217.7 million compared with $156.0 million forthe second

12/20 08:36