Q1 2025 High Liner Foods Inc Earnings Call Transcript

May 14, 2025 / 02:00 PM GMT

Release Date Price: €10.6 (+0.95%)

Transcript

Key Points

Positve

High Liner Foods Inc (HLNFF) demonstrated resilience through diversification of its global supply chain and cross-border operations, supporting its ability to adapt to volatile market conditions.
The company experienced growth in its contract manufacturing business and increased volume in its retail segment, driven by targeted promotions and innovation.
High Liner Foods Inc (HLNFF) saw high consumer demand for alternative species, which enhanced value for food service operators.
The retail business showed positive performance with increased volumes and sales, despite having less promotional activity due to the timing of Lent.
Innovation in product offerings, such as Sea Cuisine shrimp skewers and tortilla crusted tilapia, received positive market reception, supporting growth in both US and Canadian markets.

Negative

Sales volume decreased by 1.5% in the first quarter, primarily due to the later timing of Lent and a slowdown in food service traffic.
Net sales decreased by 3.1% to $268.4 million, impacted by lower sales volume and product mix changes.
Gross profit decreased by 3.1% to $63.5 million, reflecting decreased sales and increased promotional activity.
Net cash flows from operating activities decreased significantly, resulting in an outflow of $10.6 million compared to an inflow in the previous year.
Net debt increased by $41.5 million to $274.7 million, driven by higher bank loans and lower cash balances.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HLF.TO - High Liner Foods Inc
Q1 2025 High Liner Foods Inc Earnings Call
May 14, 2025 / 02:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning, ladies and gentlemen.

Thank you for standing by. Welcome to the Highliner Foods Incorporated conference call for results of the first quarter of 2025.

At this time, all participants are in a listen-only mode. Following management's prepared remarks, we will conduct a question and answer session. Instructions will be provided at that time for you to go up for questions. If anyone has any difficulties hearing the conference, please press the star key followed by zero for operator assistance at any time.

This conference call is being recorded today, Wednesday, May 14, 2025 at 10:00 a.m. Eastern time for replay purposes.

I would now like to turn the call over to Kimberly Stevens, Vice

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.