BioMar sees earnings and profit climb despite lower volumes, challenges following Russian exit

BioMar has extended an initial agreement with Ecuadorian feed firm Alimentsa and could still acquire the outstanding shares of the company within five years.

BioMar, headed by CEO Carlos Diaz, saw an increase in both earnings and revenue during 2022 which mainly driven by its salmon and Latin America divisions.
BioMar, headed by CEO Carlos Diaz, saw an increase in both earnings and revenue during 2022 which mainly driven by its salmon and Latin America divisions.Photo: BioMar
Published 3 March 2023, 12:59Updated 3 March 2023, 13:56