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Premium Brands Holdings Corporation

10:03 AM EST - Premium Brands Holdings Corporation : Announced today its results for the first quarter of 2019. Record revenue of $776.6 million representing a 32.8% or $191.7 million increase as compared to the first quarter of 2018. Record adjusted EBITDA of $60.3 million representing a 39.9% or $17.2 million increase as compared to the first quarter of 2018. After normalizing for the adoption of the new IFRS-16 accounting standard, the Company's adjusted EBITDA for the first quarter of 2019 of $52.0 million was in line with its expectations. Premium Brands Holdings Corporation shares T.PBH are trading down $2.44 at $75.49.