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Buoyed by Icelandic Acquisiton, High Liner Q2 Sales Rise Almost 43% as Profits Fall
date:Aug 10, 2012
at Icelandic USA had been part of HighLiner's U.S. operations in the second quarter of 2011, AdjustedEBITDA increased by 7.3% year over year. Synergies achieved inthe quarter were $2.0 million and year to date were $3.0 million.

Net income for the quarter was $1.0 million, or diluted EPSof $0.06, compared with net income of $4.8 million, or dilutedEPS of $0.31, for the second quarter of 2011. Net income wasnegatively impacted by after-tax one-time integration costsrelated to the Icelandic USA a

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