Norwegian aquaculture and fishing giant Leroy Seafood Group said Wednesday the recently implemented aquaculture tax in Norway has so far cost it NOK 1.7 billion (€147.4 million/$159.6 million).
Nevertheless, Leroy, which has a presence in both wild whitefish harvesting and salmon and trout farming, posted operating earnings before interest, taxes, depreciation and amortization (EBITDA) of NOK 1.3 billion (€112.7 million/$122 million) in the second quarter, up 5 percent on the same quarter a year ago.
The group also saw revenue climb 17 percent to NOK 7.7
