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Salmon

Costs spoil Salmon Evolution’s Q3, but steady-state production nears

Only inventories and fair value adjustments saved the Norwegian firm's earnings in Q3 -- which still came in at NOK -26m -- but Q4 should be its best-ever

By Undercurrent News | Nov. 15, 2023 10:44 GMT
Salmon Evolution's Norway plans as of Q3 2023
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Salmon Evolution saw higher costs than expected undermine its third-quarter earnings somewhat, but the future looks bright as it nears steady-state production in the first phase of its land-based aquaculture system in Norway [...]

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