Finance

SalMar-owned Icelandic Salmon surges out of the red on higher volumes, prices

The producer kept costs steady in the quarter, but lower spot prices and non-recurring costs related to its new brand and product development weakened its result.

Icelandic Salmon launched a new brand in August and is already seeing the effects of this in terms of better price achievement, it said.
Icelandic Salmon launched a new brand in August and is already seeing the effects of this in terms of better price achievement, it said.Photo: Arnarlax
Published 17 November 2021, 09:22Updated 17 November 2021, 13:13
Farmed salmonEarningsIcelandic SalmonSalMarIceland