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Vast improvement in processing arm gives SalMar strong start to 2023

As a salmon farmer, the Norwegian firm enjoyed high raw material prices, but boosting its bottom line was the fact that its processing EBIT improved from NOK -372m to NOK -81m

By Neil Ramsden | May 11, 2023 10:03 BST
SalMar's deal for NTS overshadowed much of 2022, ultimately proving of the largest buyouts ever seen in the Norwegian salmon sector.
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Norwegian salmon farmer SalMar enjoyed the benefits of soaring spot market prices in the first quarter of 2023, but boosting its bottom line was the vast improvement in earnings at its processing division [...]

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