The turnover for Norwegian salmon exporter Norwell last year totaled NOK 1.23 billion (€143.8 million/$158.8 million), up from NOK 1.2 billion (€140.3 million/$154.9 million) in 2013.
Operating profit on the other hand went the opposite direction, down to NOK 23.4 million (€2.7 million/$3 million) last year from NOK 31.5 million (€3.7 million/$4.1 million) the previous year.
The profit margin thus dropped from 2.6 percent to 1.9 percent.
“In terms of volume, sales are on about the same level as in 2013. Operationally, 2014 has in periods proved extremely challenging due to the company having built up substantial export volume to Russia.
“The
