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Oceana flags higher headline earnings and canned fish sales

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Global fishing group sees increased demand for canned fish as consumers look for non-perishable options

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...

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Oceana flags higher headline earnings and canned fish salesGlobal fishing group sees increased demand for canned fish as consumers look for non-perishable options
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