Icelandic Salmon, the fully-owned SalMar subsidiary, reported red numbers for the fourth quarter of 2020 as salmon prices reached low levels and the group paid out one-time costs related to its listing on Oslo's Euronext Growth.
Operating earnings before interest and tax (EBIT) dropped to a negative NOK 20 million (€1.9 million/$2.4 million) during the fourth quarter, while operating revenues increased around 5 percent year-on-year to NOK 173 million (€16.9
