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Premium Brands Holdings Corporation

11:55 AM EST - Premium Brands Holdings Corporation : Announced today its results for the third quarter of 2019. The company reported record revenue of $968.3 million representing a 15.9% or $132.8 million increase as compared to the third quarter of 2018. Record adjusted EBITDA of $84.1 million representing an 18.0% or $12.8 million increase as compared to the third quarter of 2018. After normalizing for the adoption of the IFRS-16 accounting standard the Company's adjusted EBITDA for the third quarter of 2019 is $75.0 million. Premium Brands Holdings Corporation shares T.PBH are trading down $5.00 at $81.91.