Finance

All-time high prices help to offset Norway Royal Salmon's biological woes

‘Big biological challenges’ at the group’s Icelandic operation – Arctic Fish – cost it $13.4 million in mortalities alone during the first quarter.

'We have had biological challenges in both Norway and Iceland that significantly affected the results in this quarter,' said Charles Hostlund, interim CEO at Norway Royal Salmon.
'We have had biological challenges in both Norway and Iceland that significantly affected the results in this quarter,' said Charles Hostlund, interim CEO at Norway Royal Salmon.Photo: Næss, Øyvind Nordahl
Published 25 May 2022, 08:41Updated 25 May 2022, 08:54
Farmed salmonNorwayNorway Royal SalmonCharles HostlundNTS