Finance

Norway Royal Salmon misses out on record high spot prices as earnings sink 66%

The group has an ‘unusually high’ share of its volume on fixed price contracts, it said.

'The price achievement in relation to the spot price has thus been low and this significantly affects the result in this quarter,' said NRS CEO Charles Hostlund.
'The price achievement in relation to the spot price has thus been low and this significantly affects the result in this quarter,' said NRS CEO Charles Hostlund.Photo: Lola Navarro / IntraFish
NorwayEarningsFarmed salmonCharles HostlundNorway Royal Salmon
Published 31 August 2022, 08:36Updated 31 August 2022, 13:09