The integrated Estonian salmonid farmer and processor PRFoods has offered a number of reasons for why it sees a turnaround in fortunes in the 2020/21 financial year, even as net debt continued to grow in its first quarter.
According to the group's consolidated quarterly report for the three month period ended Sept. 30, PRFoods recorded losses before interest, taxes, depreciation and amortization (EBITDA) of €-0.48 million, down from earnings of €1.47m during the same quarter of 2019 [...]
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