Oslo-listed Leroy Seafood Group more than doubled its Q1 operating profit, reporting its "highest revenue" and earnings in its history.
Operating profit before fair value adjustments related to biological assets jumped to about NOK 1.3 billion (€138.8 million/$151 million), compared with NOK 584 million (€62.4 million/$67.8 million) last year.
Group revenue increased from NOK 3.8 billion (€405.7 million/$441.4 million) to NOK 5.4 billion (€576.5 million/$627.3 million) year-on-year, as slaughter volumes of salmon and trout hiked 13 percent.
Leroy's profit before tax and before fair value adjustments related to biological assets came in at NOK 1.3
