Norway Royal Salmon “Not Satisfied” With Q2 Production Costs Due to ISA Harvesting
Salmon farmer Norway Royal Salmon reported an operational EBIT for the second quarter of 2021 of NOK 94 million (US$10.6 million), a drop from Q2 2020’s operational EBIT of NOK 120 million.
“Regarding the results for the second quarter, we are not satisfied with the production cost in the quarter, but we expect reduced costs in the third quarter,” CEO Charles Høstlund said.
The company’s Norwegian operations reported an Operational EBIT per kg of NOK 12.22, down from NOK 17.06 per kg during...
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