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Lower catches, capelin roe price crash means SVN’s profits ease for H1

Turnover was pushed up by the continued integration of fishing firm Visir, but the capelin roe market has dropped in price by some 67%

By Neil Ramsden | Aug. 30, 2023 10:35 BST
SVN's Borkur lands its catch in landing in Seydisfjordur. Credit: Omar Bogason
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Listed Icelandic firm Sildarvinnslan (SVN) saw turnover rise in the second quarter and first half of 2023, but profits have been undermined by a crash in the markets for capelin roe [...]

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