Revenue for Norwegian salmon farmer Osland Havbruk fell to NOK 160.3 million (€19.9 million/$26.6 million) last year from NOK 168.1 million (€20.9 million/$27.9 million) in 2011. Operating profit was NOK 11.1 million (€1.4 million/$1.8 million) in 2012, down from NOK 38.7 million (€4.8 million/$6.4 million) the previous year.
According to the annual report “sales volume improved, but sales price declined. Operating profit was reduced, due to reduced sales price.”
Pre-tax profit in 2012 amounted to NOK 8.1 million (€1 million/$1.3 million) compared to NOK 36.1
