Higher canned fish sales have lifted the performance of the global fishing group Oceana as it expects its headline earnings to increase at least one-fifth.
Canned fish sales volumes, which includes the Lucky Star brand, rose 33% year on year to 3.5-million cartons as higher inventory levels enabled the company, valued at R8.92bn on the JSE, to meet continued strong market demand, Oceana said in a voluntary trading update for the four months to January 29...