BioMar closed 2021 with revenue growth by 14% and volume also increased by 8% for the consolidated companies. The feed manufacturer reaches an all-time high level, driven by a favorable commercial position in promoting high-end product ranges and delivering strong customer service. The increase in Q4 revenue by 33% and in sales volumes by 14%, was mainly driven by the Salmon Division and the Shrimp business in Latin America. However, the final results were affected by the global increase in raw material prices, logistic costs, and energy prices, and the company ended the year with a slight decline in EBITDA compared to 2020.
BioMar closed 2021 with revenue growth by 14% and volume also increased by 8% for the consolidated companies. The feed manufacturer reaches an all-time high level, driven by a favorable commercial position in promoting high-end product ranges and delivering strong customer service. The increase in Q4 revenue by 33% and in sales volumes by 14%, was mainly driven by the Salmon Division and the Shrimp business in Latin America. However, the final results were affected by the global increase in raw material prices . . .
