AquaBounty announces an 11% increase in second quarter revenues

The net loss totaled $5.5 million AquaBounty Technologies, Inc. has today announced its financial results for the second quarter ended June 30, 2022. In the words of Sylvia Wulf, Chief Executive Officer of AquaBounty, "a robust demand, combined with improvements in sales yields and higher market prices, drove an 11% sequential increase in second-quarter revenues…

ByRocio Álvarez JiménezAugust 9, 20220Comments

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AKVA group reports €4M loss in preliminary Q2 result

And strong revenues with cost related headwinds According to a preliminary Q2 report, AKVA group is expecting a strong revenue impact by increased costs from high inflation rates, warranty, and cost provisions. EBIT is expected to be negative of MNOK 41 for Q2 22. The strong revenues detail of MNOK 907 in Q2 22, represents…

ByRocio Álvarez JiménezAugust 3, 20220Comments

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Cromaris achieves volume sales and exports growth in 1Q 2022

A 26% growth in volume sales and a 29% growth in exports Cromaris, that belongs to the Croatian diversified conglomerate Adris Grupa d.d., has informed about a 26% growth in volume sales and a 29% growth in exports during the first quarter of 2022. In more detail, volume sales amounted to 3,160 tonnes of whole…

ByRocio Álvarez JiménezJuly 29, 20220Comments

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Profand reaches EUR 800 million billing for first time

More than 20 percent higher than the previous year (2010) Profand Fishing Holding reached 800 million turnovers for the first time in 2021. This data represents a growth of more than 20% compared to the previous year. Also, the Spanish company achieved a total operating EBITDA of 74 million. Through the Progress Report 2021, CEO…

ByRocio Álvarez JiménezJuly 21, 20220Comments

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Marel’s Q2 2022 results force to reduce the workforce

It will allow an estimated cost saving of EUR 20 million Marel’s preliminary and unaudited financial results for the second quarter of 2022 have forced to reduce headcount by 5% across the global Marel workforce. According to the company, this will result in an estimated annualized cost saving of EUR 20 million. Along with the…

ByRocio Álvarez JiménezJuly 20, 20220Comments

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Mowi reports an operational EBIT of approximately €320M in Q2 2022

An increase of 133% from the same quarter in 2021 Mowi ASA has reported that the operational EBIT was approximately EUR 320 million in Q2 2022. In other words, an increase of 133% from the same quarter in 2021 (EUR 137 million). According to the company’s quarterly trading update, the total operational EBIT per kg…

ByRocio Álvarez JiménezJuly 18, 20220Comments

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Qrill Aqua provides high sales volumes and prices during Q2 2022 to Aker BioMarine

Revenues of USD 73 million and an Adjusted EBITDA of USD 21 million Aker BioMarine has reported revenues of USD 73 million and an Adjusted EBITDA of USD 21 million for the second quarter of 2022. The company confirmed these data have been especially driven by high sales volumes and prices for Qrill Aqua. Other…

ByRocio Álvarez JiménezJuly 14, 20220Comments

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Sanford Limited reports a solid recovery in the first half of 2022

Sanford Limited has reported a solid recovery in the first half of its 2022 financial year, with an Adjusted EBIT of $19.2 million till 31 March. This represents a 79.4% increase in Adjusted EBIT from the same period last year ($10.7 million). The total revenue was $270.9 million for the period, a 16.0% increase on…

ByRocio Álvarez JiménezMay 20, 20220Comments

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Benchmark Holdings announces H1 and Q2 results based on strong FY21 performance

Benchmark Holdings has announced its unaudited interim H1 and Q2 results based on strong FY21 performance. The company also showed its unaudited results in compliance with the terms of its senior secured bond. Regarding this, CEO Trond Williksen said: "Benchmark delivered strong double-digit revenue growth across all our business areas. A doubling of adjusted EBITDA,…

ByRocio Álvarez JiménezMay 18, 20220Comments

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“2022 Q1 has been different from anything I have seen before in my 26 years in the industry”, CEO Grieg Seafood states

The company has published today its last report Andreas Kvame, CEO of Grieg Seafood, confirmed the first quarter of 2022 has been "different from anything" he has seen before in his 26 years in the aquaculture industry, during the last company report presentation. Grieg Seafood has announced an operational EBIT of €44.3 million (NOK…

ByRocio Álvarez JiménezMay 13, 20220Comments

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