Norwegian salmon farmer Eide Fjordbruk received four new salmon concessions from the government in 2016, leading to strong growth last year, according to the group's annual report.
Consequently, the number of licenses increased from five to nine, which is reflected in the 2017 results. Revenues increased by almost 80 percent to NOK 881.7 million (€92.7 million/$107.6 million), while the operating profit did not increase as smoothly, the company posted NOK 236.4 million (€24.9 million/$28.9 million) in earnings, resulting in an operating margin of 26.8
