NZ King Salmon forecasts earnings before interest, tax, demortization and amoritzation between NZD 25 million ($16.3 million/€14.4 million) and NZD 28.5 million ($18.6 million/€16.5 million) for fiscal year 2020.
The guidance is based on very slightly increased harvest volumes for the year at 8,000 metric tons, but a higher than average historic mortality rate due to a rise in summer water temperatures.
Capital expenditures for 2019 will be approximately NZD 17 million ($11.1 million/€9.8 million), and for 2020 are forecast to hit NZD 20 million ($13.1
