Icelandic Salmon crashes into red, but CEO maintains growth targets

'Unusual' operational challenges sent Iceland's largest salmon farmer into a tailspin in the first quarter.

SalMar Chairman Gustav Witzoe (left) with Icelandic Salmon CEO Bjorn Hembre. Icelandic is 51 percent owed by SalMar. — SalMar Chairman Gustav Witzoe (left) with Icelandic Salmon CEO Bjorn Hembre. Icelandic is 51 percent owed by SalMar.Photo: Bent-Are Jensen

Rachel Mutter

Correspondent

Icelandic Salmon Farmed salmon Iceland SalMar Earnings

Published 14 May 2024, 06:16Updated 23 May 2024, 08:49