Norwegian salmon giant NTS's fourth quarter results show a significant rise in turnover amid lower earnings before interest, tax, depreciation and amortization (EBITDA) margin following the NRS and SalmoNor acquisitions.

The company, which has operations in both the service equipment and production sides of salmon farming, reported a revenue of NOK 2.6 billion (€258.8 million/$293.9 million) and an EBITDA of NOK 479 (€47.7/$54.1), compared to NOK 485 (€48.3/$54.8) and NOK 172 million (€17.1 million/$19.4 million), respectively, during the same quarter last year.