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Bakkafrost’s Q2 earnings down year-on-year, but returning price premiums helped beat consensus

'With cost probably down this quarter, the price premium is still lagging after the Russian sanctions, but it looks like Bakkafrost has been able to close the majority of the gap we have seen the past few quarters' -- SpareBank 1 Markets

By Undercurrent News | Aug. 20, 2019 10:35 BST
Bakkafrsot farming site A-71 Funningsfjordur. Picture taken 13.02.2018 courtesy of Pol Sundskard, www.hiking.fo
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Faroese salmon farmer Bakkafrost reported what it called a "solid" second-quarter result for 2019, with earnings down year-on-year, but beating analysts' expectations nonetheless [...]

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