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Grieg Seafood turns profit in UK, but takes multi-million hit on diseases

Salmon farmer finally turned a profit in the Shetlands, but diseases in Canada and the UK cost it a whole NOK 28.3 million (€3.4m/$4.6m) in the fourth quarter of the year

By Undercurrent News | Feb. 13, 2014 09:05 GMT
Grieg pledges to up focus on internal reporting, core business on back of losses
Credit: Grieg Seafood
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Norwegian salmon farmer Grieg Seafood finally turned a profit in its UK operations, but diseases in Canada and the UK cost it a whole NOK 28.3 million (€3.4m/$4.6m) in the fourth quarter of the year. [...]

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