Despite an encouraging quarterly report from its parent SalMar, Icelandic salmon farmer Arnarlax posted “very weak results” for the second quarter of the year, plunging into the red because of numerous challenges.
Arnarlax, Iceland’s largest producer and processor of farmed salmon, experienced a challenging quarter, characterized by high costs and weak price achievement in the period, said the group.
The farmer reported a loss of NOK 30 million (€2.8
