The world's largest salmon farmer Mowi is expecting is expecting its operational earnings before interest and tax (EBIT) for the group to come in at €203 million ($214.7 million), down 15 percent from the €240 million ($253.8 million) it posted in the same period last year.

In a trading update Wednesday, the group said it expects to harvest a record-high total of 135,000 metric tons across its global farming operations. However this is lower than the 137,000 metric tons previously forecast by the group.