More

    Lerøy Seafood Group closes 2021 with its all-time record revenue

    Operating profit before fair value adjustment in the fourth quarter of 2021 more than doubled compared to the fourth quarter of 2020.

    Strong demand for seafood products, better prices obtained for the group’s main products and an improvement in underlying operations appear as the driving factors behind this record activity. The result? A significant improvement in earnings in all segments compared to the same period in 2020, resulting in reported revenue of NOK 6519 million in the quarter, up 26 % from the fourth quarter of 2020.

    Strong demand for seafood products, better prices obtained for the group's main products and an improvement in underlying operations appear as the driving factors behind this record activity. The result? A significant improvement in earnings in all segments compared to the same period in 2020, resulting in reported revenue of NOK 6519 million in the quarter, up 26 % from the fourth quarter of 2020.

    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