A transitional quarter for the company, the expected extraordinary costs for the transition and ramp-up of its new VAP plant were increased due to biological challenges.
In its first quarter after the strategic shift from global growth to regional profitability, it recorded quality problems that will negatively affect EBITD.
Presenting the Q4 results, CEO Nina Willumsen Grieg outlined the company's strategic shift from global growth to regional profitability, including land-based post-smolt investment.
The integration of the long-established Rogaland smolt producer was described by Grieg CEO Nina Willumsen Grieg as "in line" with her company's post-smolt strategy.
