Bakkafrost Q2 Results Show Boost in Profit but Impacts of COVID-19 Apparent
In its financial earnings from the second quarter of the fiscal year 2020, salmon farmer Bakkafrost noted a significant boost in profit, (DKK 471.7 million) compared to Q2 2019 (DKK 188.6 million).
However, in the first half of the year, profit was down DKK 77.7 million from H1 2019.
On the harvest front, Bakkafrost harvested 20,878 tonnes gutted weight, 12,941 tgw from its Faroe Islands operations and 7,937 tgw in Scotland. Overall, the company’s harvest in H1 2020 was up roughly 12,000 tgw from 2019...
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