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High Faroese costs, Scottish mortalities see Bakkafrost’s earnings dip in Q4

CEO Regin Jacobsen noted that demand was high in all regions, 'especially... development in North America, which increased to 25% of the salmon from Bakkafrost Faroe Islands'

By Neil Ramsden | Feb. 20, 2024 10:30 GMT
Credit: Bakkafrost
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Faroese salmon farmer Bakkafrost saw mixed results in the fourth quarter of 2023, with weak farming margins and mortalities in Scotland causing its earnings to miss analysts' consensus [...]

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