Investor Presentaiton
Q3 2021 YTD Adjusted EBITDA
Earnings before Interest, Taxes, Depreciation and Amortization
EBITDA (millions)
$80.0
25.0%
$69.8
$66.9
$62.2
$61.6
20.0%
$60.0
15.0%
$40.0
10.6%
10.8%
10.0%
$20.0
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 Q3 2021 for definition of non-IFRS
financial measures "Standardized EBITDA" and "Adjusted EBITDA"
Adjusted EBITDA increased $2.9M (4.4%) to $69.8M and increased by 20 basis points as a percentage of sales to 10.8%.
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 Inc.
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