Nonetheless, the general monetary end result was negatively impacted by weak outcomes from Icelandic Salmon as a consequence of continued excessive prices. Frode Arntsen, CEO of SalMar, famous that low market costs led to “weak monetary outcomes,” however the, “record-high harvest quantity and the flexibleness of our harvesting and processing amenities display the potential in our price chain.”
Throughout the quarter, the merger with Wilsgård was accomplished in August, strengthening SalMar’s presence in Northern Norway. Wanting forward, SalMar entered the fourth quarter with a record-high biomass and expects optimistic value growth to proceed.
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