Marine Harvest Q3 earnings trimmed by "exceptional" amount of morts
SEAFOODNEWS.COM [Reuters] - October 14, 2014 -
OSLO, Marine Harvest, the world's largest fish farmer, posted preliminary core earnings above forecasts on Tuesday despite an "exceptional" amount of fish that had died at its farms, cutting earnings by 60 million crowns.
Its operational earnings before interest and taxes reached 870 million crowns ($134.23 million) in the quarter, against expectations for 826 million crowns in a Reuters poll, up from 793 million a year ago.
"Exceptional mortality in the quarter impacted operational EBIT adversely by about 60 million in the quarter," the firm said in a statement, which did not say why.
The firm will publish its full third-quarter earnings on Oct.
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