Norway cod farmer initiates strategic review after recent production challenges cost the company $1.2 million

The company's share price has fallen around 70 percent since the start of the year, after mortalities and lower-than-expected production hit its bottom line.

Statt Torsk CEO Gustave Brun-Lie told IntraFish the company is seeking capital from strategic partners to aid the company's further expansion.
Statt Torsk CEO Gustave Brun-Lie told IntraFish the company is seeking capital from strategic partners to aid the company's further expansion.Photo: Statt Torsk
Published 7 August 2023, 06:38Updated 7 August 2023, 13:26