Premium Brands Minimizes Tariff Risk; Clearwater Seafoods Results Hit by Subpar Catches
Canada’s Premium Brands reported a record Q4 revenue of CAD 1.64 billion ($1.14 billion), a 5.4% increase compared to the fourth quarter of 2023. The company also netted record Q4 adjusted EBITDA ($148.7 million). For the fiscal year, the company hit record revenue ($6.47 billion) and adjusted EBITDA ($593.7 million).
“2024 finished on a strong note driven by our Protein and Bakery Groups’ US sales initiatives, which generated approximately $50 million in sales volume growth in the quarter...
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