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Aquaculture

Lower costs give Norway Royal Salmon boost on reduced harvest

Farmer harvested 35% less fish than in the fourth quarter 2013, but better production costs and lower losses on fixed-price contracts upped profits

By Neil Ramsden | Feb. 25, 2015 09:31 GMT
Norway Royal Salmon Q1 harvest up 38% as lower prices, higher costs hit earnings
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Norway Royal Salmon (NRS) harvested 35% less volume in the fourth quarter of 2014, but thanks to cutting production costs and losing less money on fixed-price contracts, was still able to up profits from the previous year [...]

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