Danish feed giant BioMar reported a significant increase in its first quarter earnings by increasing its close cooperation with customers to overcome the challenging coronavirus-stricken market conditions.

BioMar's earnings before interest, tax, depreciation and amortization surged 20 percent year-on-year to DKK 159 million (€21 million/$23 million), mainly driven by its salmon and shrimp divisions, additional capacity, and designing feed solutions targeting the consumer market.