Spanish processor Lumar Seafood International reported an operating income of €951,181 ($1.2 million) for the first six months of 2014, 18.9 percent higher than the company had predicted in its business plan.
This was attributed to an increase in production, as well as optimization of the workforce leading to a 5.25 percent decrease in personnel expenses.
“We’re constantly developing new products,” Asgeir Ingason, director of business development, told IntraFish.
“We have had much success with our products in our home market in Spain and are on the course of introducing them to markets in northern Europe.”
However,
