High Liner Foods reports operating results for the fourth quarter and full-year of 2013
date:Feb 21, 2014
interest costs were significantly lower in fiscal 2013 than in fiscal 2012. The increase in earnings year-over-year also reflects synergies realized from completing the integration of Icelandic USA, however the full impact of these synergies was partially offset by incremental operating and distribution costs incurred in the U.S. after our plant in Danvers, Massachusetts was closed in the first quarter of 2013. Our facilities experienced production challenges as they worked to integrate product
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