Icelandic fishing giant Brim posted a 29 percent drop in second quarter earnings before interest, taxes, depreciation and amortization (EBITDA) to € 9.5 million ($11.1 million) as the company battled fallout from the COVID-19 pandemic and lower harvests.
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COVID-19, lower pelagic harvests slash earnings at Icelandic fisheries giant Brim
Sales increased by 22 percent to €60.3 million ($70.9 million) as the company included Asian sales operations this year in consolidated numbers.
24 August 2020 1:42 GMT
Updated
24 August 2020 12:02 GMT
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