More

    Biological problems harm Bakkafrost results in the fourth quarter of 2021

    Despite the operational EBIT of DKK 120 million (€16 million), the company admits that it is not as expected.

    Increased catches and higher salmon prices have helped the results to remain positive. However, the continued biological problems suffered by Bakkafrost, both in the Faroe Islands and Scotland, have led the company’s own CEO, Regin Jacobsen, to admit that they are not as expected in the presentation of results for the last quarter of 2021.

    Increased catches and higher salmon prices have helped the results to remain positive. However, the continued biological problems suffered by Bakkafrost, both in the Faroe Islands and Scotland, have led the company's own CEO, Regin Jacobsen, to admit that they are not as expected in the presentation of results for the last quarter of 2021.

    You need a subscription to read this story

    Please subscribe to unlock premium content.

    Subscribe now

    Already have a subscription? Log in here.
    - Advertisement -

    Share this article

    Similar articles

    Advertisement

    Similar articles

    After seven years without its star product in Asia, India and Chile reopen salmon exports

    After months of efforts of the ProChile Trade Office in New Delhi and Aquachile, it has announced that the salmon export is reopening.

    Kangamiut Seafood and Oceanpick bring barramundi to Europe

    Kangamiut Seafood and Oceanpick join forces to bring ocean-farmed barramundi from Sri Lanka to European consumers.

    Feed industry ready for Peru’s anchovy shortage

    Anchovy season cancellation in Peru will affect global aquaculture through the feed industry, but Cargill, Skretting, and BioMar say they are ready to minimize the impact on their customers.

    FAO to support farmed catfish in Nigeria

    The plan will strengthen Nigeria's farmed catfish value chain to make the sector more resilient and efficient in providing affordable food to Africa's most populous nation.

    Similar articles

    Hot stories