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Akva expects Q4 loss amid project delays

Akva expects to report a Q4 2019 loss ranging from NOK 25 million to NOK 30m ($2.8m to $3.4m)

By Undercurrent News | Jan. 20, 2020 16:16 GMT
Kvaroy salmon farm off the island of Selsoyvaer in the Norwegian sea. Credit: AKVA group
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Norwegian aquaculture equipment supplier AKVA group expects to report a Q4 2019 loss in the range of NOK 25 million to NOK 30m ($2.8m to $3.4m) as delays to several projects hurt its finances, the company said. [...]

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