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Grieg reports record profit despite salmon contracts suppressing realized prices

Grieg Seafood reported a best-ever result for the fourth quarter of 2016, despite a high exposure to contracts amid record high salmon prices

By Tom Seaman | Feb. 16, 2017 08:26 GMT
Grieg Q4 earnings up as Salmobreed stake sale counters Russia price impact
A Grieg Seafood salmon farm.
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Bergen, Norway-based salmon farmer Grieg Seafood reported a best-ever result for the fourth quarter of 2016, despite a high exposure to contracts amid record high salmon prices [...]

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