Denmark-based feed group BioMar reported a slight decline in earnings, while revenue experienced a modest increase in the fourth quarter of 2024. This was driven by a combination of lower raw material prices and growth in shrimp feed production, according to the company's latest financial results.
During the quarter, the company reported DKK 382 million (€51 million/$55 million) in earnings before interest, taxes, depreciation, and amortization (EBITDA), corresponding to a 3.7 percent decline year-on-year.
Sales volume and revenue during the quarter remained relatively flat, at 348 million metric tons and DKK 4.2
