Danish feed giant BioMar reported a 28 percent increase in third quarter earnings before interest, taxes, depreciation and amortization (EBITDA), underpinned by increased volumes.
Third quarter EBITDA came in at DKK 345 million (€46.2 million/$51.1 million) in figures adjusted for IFRS 16, a new lease accounting standard which requires certain operating leases to be capitalized on the balance sheet.
Sales rose 10 percent over the comparable quarter a year earlier to DKK 3.4
