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The Norwegian seafood group reports "solid operations" in the second quarter, but results were hit by low salmon and trout prices.

"After several years of regulatory turmoil, we urge authorities to ensure predictable, stable, and competitive framework conditions," said CEO Henning Beltestad.

The processing company confirmed its good growth forecasts for Spain this year, when it expects to reach EUR 160 million.

The good results of the farming division contrast with those of wild catch, where volumes fell by over 21%.

The Norwegian firm says one of its key priorities is "introducing Norwegian fjord trout to Korean consumers", and describes South Korea as a "critical growth market".

The Norwegian seafood group reports growth in salmon and trout production but decline in wildfish catch in its Q4 trading update.