Norwegian aquaculture conglomerate NTS, owner of Midt-Norsk Havbruk and the largest shareholder in Norway Royal Salmon, reported a slight dip in earnings for the fourth quarter of 2020 but saw revenues surge thanks to a series of aggressive growth initiatives.
The group's operating profit fell 5 percent year-on-year to NOK 83 million (€8 million/$9.8 million), while revenues more than doubled to NOK 485 million (€47 million/$57 million).
