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Land-based orders now half of all AKVA backlog after solid Q4

Despite a challenging quarter for its cage-based segment, an increase in orders meant the firm saw both revenue and earnings lift y-o-y

By Dan Gibson | March 12, 2021 09:54 GMT
An AKVA land-based salmon facility design. Source: AKVA
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Nordic aquaculture equipment manufacturer AKVA group saw its land-based order backlog surpass its cage-based segment for the first time in the fourth quarter of 2020, the firm revealed in its latest quarterly report [...]

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