Faroese salmon farming giant Bakkafrost has been “severely affected” by the COVID-19 pandemic, and in the second quarter it saw its operating profit (EBIT) reduced by nearly 50 percent as a result.

The group, which acquired the Scottish Salmon Company at the end of last year, posted earnings before interest and taxes (EBIT) of DKK 182 million (€24.5 million/$28.9 million) in the second quarter, 46 percent lower than then DKK 339 million (€45.6