Bakkafrost Announces 100% ASC Certification, Report Q3 Results
Faroese salmon farmer Bakkafrost announced that all of its Faroe Island farms are certified to the Aquaculture Stewardship Council (ASC) standard for responsible aquaculture. The company also released its financial results for the third quarter, where its operational EBIT was DKK 102.7 million ($16.3 million USD), about 200 million less than Q3 2019.
“During this quarter, the global salmon market has again been affected by the Covid-19 pandemic, putting pressure on the salmon industry and affecting the financial returns across the industry negatively,” Bakkafrost CEO Region Jacobsen said...
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