Freight costs, low salmon prices pummel Huon's earnings as takeover battle heats up

Increased volumes to overseas markets were hit hard by doubling freight costs and low salmon prices as COVID took a severe toll on the Australian producer.

Peter and Frances Bender at the listing of Huon Aquaculture on the Australian Stock Exchange in 2014. The husband and wife team have been at the helm of the salmon producer for 36 years.
Peter and Frances Bender at the listing of Huon Aquaculture on the Australian Stock Exchange in 2014. The husband and wife team have been at the helm of the salmon producer for 36 years.Foto: YouTube/Huon Aquaculture
Published 26 August 2021, 03:35Updated 26 August 2021, 12:52
Huon AquacultureFarmed salmonAustraliaCookeTattarang