Friday, August 19, 2016

Record prices gave record results for Leroy – ABC News

The company achieved an operating profit before fair value adjustment of biomass (fish in cages) 760 million in the second quarter. The corresponding figure was 370 million in the same period last year.

– The price of Atlantic salmon reached record levels in the second quarter, and with this as the main driver achieves Lerøy Seafood Group the highest revenues and the highest operating profit in any quarter Group’s history, says CEO Henning Beltestad, which despite bright figures do not take completely:

– we are pleased to present a record result, but we still have considerable room for improvement. It is our focus, and we work hard with, he stressed.

The company had sales of roughly 4.3 billion in the quarter, also a significant increase of over 900 million from the second quarter last year . Profit before tax and fair value adjustment of biomass was NOK 775 million, 311 million more than in the corresponding period last year.

See also:

Røkke sells seafood stocks billion

The record prices gave record results for Lerøy

LikeTweet

No comments:

Post a Comment