High Liner sets record with $1b in sales

High Liner Foods says its annual sales surpassed the $1-billion mark for the first time ever in 2014 as two recent acquisitions offset the negative effect of a weaker Canadian dollar and higher one-time costs. The Nova Scotia-based frozen seafood company’s sales in the fourth quarter were up 6.5 per cent from the same year-earlier period at US$266.9 million, while annual sales rose 11 per cent or $104.3 million to $1.05 billion. Read the rest here 10:55