ISA costs Icelandic salmon farmer $10 million as disease takes root in the country

Icelandic salmon farmer Ice Fish Farm saw its second quarter earnings plagued by a biomass write-down of NOK 104 million (€9.9 million/$9.7 million), after falling victim to infectious salmon anemia (ISA) during the period.

In June, the company confirmed ISA hit two of its farming sites containing a total of almost two million fish.

For the second quarter, Ice Fish Farm posted an operating loss (EBIT) of NOK 142 million (€13.5 million/$13.2 million) because of the biomass write-down, it said.