Although positive overall thanks to good results in the Faroe Islands, jellyfish and startup issues in a smolt facility in Scotland have weighed down Bakkafrost's results.
European Commission President, Ursula von der Leyen, tours Bakkafrost facilities during visit to sign a memorandum of understanding enhancing ties between the Faroes and the EU.
The Faroese government proposed increasing the maximum land rent tax rate from 5% to 20%, with salmon farmer Bakkafrost likely to be among the hardest hit.
