High Salmon Prices, Limited Supplies Help Marine Harvest Post Record Q2 Revenues
SEAFOODNEWS.COM [SeafoodNews] August 18, 2016
Marine Harvest said higher salmon prices and strong demand helped it reach record earnings in the second quarter this year.
The company’s second quarter earnings were EUR 149 million, a 77 percent increase compared to the same quarter last year. The salmon producer credited the performance to “unprecedented prices due to strong demand and reduced supply.”
Marine Harvest’s harvest volume was down 16 percent to around 87 metric tons. The company is on pace to harvest about 400,000 metric tons of salmon this year...
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