Company Overview & Strategy
Fiscal 2021 Adjusted EBITDA
Earnings before Interest, Taxes, Depreciation and Amortization
EBITDA (millions)
$100.0
25.0%
$90.4
$88.0
$79.4
$79.7
20.0%
$75.0
15.0%
$50.0
10.6%
10.3%
10.0%
$25.0
2020
5.0%
0.0%
2021
EBITDA as % of Sales
Standardized EBITDA*
Adjusted EBITDA*
Adjusted EBITDA as % of Sales
* Please refer to the Company's MD&A for Q4
2021 for definition of non-IFRS financial
measures "Adjusted EBITDA as Percentage of
Sales", "Standardized EBITDA" and "Adjusted
EBITDA"
Adjusted EBITDA increased $2.4M (2.7%) to $90.4M and decreased by 30 basis points as a percentage of sales to 10.3%.
The increase in adjusted EBITDA is a result of the increase in gross profit partially offset by the increase in distribution and net SG&A expenses.
HIGH LINER FOODS
2021 High Liner Foods Incorporated
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