SalMar Highlights Norwegian Operations in Second Quarter Financial Results
Gustav Witzøe, CEO of Norwegian-based fish farmer SalMar, said the company had a “strong quarter, despite persisting turbulence and uncertainty in the global salmon market caused by the COVID-19 pandemic.”
SalMar reported an operational EBIT of NOK 882 million in Q2 2020, down from NOK 990 million in the same period last year.
The company’s Norwegian operations notched an operational EBIT of NOK 912 million, down from 964 million in Q2 2019.
“Efficient operations and a strong biological performance at our Norwegian operations helped to reduce costs and secure"...
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