‘Fierce' competition, high raw material prices pressure BioMar earnings

The drop in earnings was primarily led by its salmon division, which saw EBITDA for the segment fall 13%.

'We are challenged by raw material prices increasing beyond any expectations,' said Carlos Diaz, CEO BioMar Group. — 'We are challenged by raw material prices increasing beyond any expectations,' said Carlos Diaz, CEO BioMar Group.Foto: BioMar Group

Dominic Welling

BioMar Denmark Carlos Diaz Farmed salmon Farmed shrimp

Published 12 August 2021, 13:33Updated 12 August 2021, 13:39