Clearwater Seafoods Income Fund, the Canada-based seafood group, has posted “strong” results despite sales slowing markedly during the second quarter of the year.
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The company booked sales of C$70m (US$63.4m) for the three months to the end of June, an increase of 1% on the year.
However, turnover during the first six months of this year was up 12% at C$141.1m.
Nevertheless, second-quarter EBITDA jumped 39% to C$6.7m. First-half EBITDA rose 30% to C$15.3m.
Chairman and CEO Colin MacDonald said: “We are pleased to report these strong results despite the challenging worldwide economic conditions.”
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