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Analysis

New England investments paying off as turnover, profits rise amid accounting mix-up

UK processor invests in staff and ups overheads with sales and profits rising faster, amid an accounting mix-up that saw the company re-state 2012 levels

By Tom Seaman | Aug. 4, 2014 09:54 BST
US distributor buys Faroes-based salmon supplier from Japanese owners
Salmon sushi. Photo: Chris Gladis
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UK-based processor New England Seafood International (NESI) saw turnover and profit increase in its latest financial year to Oct. 31, 2013, in which it upped its overheads from higher staff costs. [...]

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