“We’ve achieved some objectives, now we have a new set to strive for,” Codfarmers boss Oystein Steiro told IntraFish.

Over the last year, Codfarmers has made a number of strategic moves to further strengthen the company.

Share issue

Codfarmers announced last week it had successfully closed private placements amounting to NOK 200 million (€24.7 million/$30 million) in a share issue and a convertible bond issue.

“It’s a difficult finance market, where perhaps there has been particular stress for the fisheries companies, due to events in the salmon sector with pressure on prices and problems in Chile.”