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Bakkafrost ups investments by 50%, as VAP segment leads earnings

Faroese salmon farmer plans to up its investment plan to DKK 1,350m and bring it forward, while high contract and low raw material prices drive turnaround in Q2 VAP results

By Neil Ramsden | Aug. 26, 2014 10:37 BST
Bakkafrost beats price pressures to smash Q1 expectations
Bakkafrost marketing at Seafood Expo North America 2014
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The Faroe Islands' largest salmon farmer Bakkafrost has announced plans to up its DKK 900 million investment plan to DKK 1.350bn and bring it forward to the next two years, as high contract and low raw material prices drove a turnaround in the firm's second quarter (Q2) value added products (VAP) results. [...]

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