Pareto Securities analyst Henning Lund forecasts bright prospects for salmon companies listed on Oslo Stock Exchange.
“All of the salmon shares have had a positive trend this last year, despite a slight decline the last few months. We’re confident the outlook is bright the next year also, but you always have to make allowance for some clouds,” Lund said.
He referred back to 2010 when prices were extremely high. Producers responded by increasing production, and prices dropped from mid-2011.
“We’re now in around about the same situation in terms of price, but for the next six quarters we’re anticipating 164,000 metric tons growth in salmon volumes.
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