Increased harvests and a push towards value-adding and retail have characterized 2020 for most of the world's seafood producers, and Norway's Leroy Seafood Group has been no different.

The drive, however, has not been enough to rescue the company from the global price devastation for both of Leroy's key segments, farmed salmon and trout and wild caught whitefish.

The company's earnings before interest, tax, depreciation and amortization (EBITDA) fell 27 percent in the fourth quarter to NOK 750 million (€73.5