Norway Royal Salmon reports an operational EBIT more than double last year’s for Q1 2022

    Thank to high prices, good results despite biological problems.

    Norway Royal Salmon (NRS) has reported an operational EBIT before depreciation of offshore equipment of NOK 133 million for the first quarter of 2022. That is more than double last year’s when the company achieved NOK 60 million. The EBIT per kg was NOK 20.65, compared to 6.40 last year. Despite the biological problems suffered by NRS, the positive results have been possible thanks to the fact that during this Q1 salmon prices have reached all-time highs.

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