On Wednesday, SalMar presented its figures for the first quarter. Operating margin before biomass adjustment is 28 percent. The operating result improved by 85 percent compared with the first quarter last year.
Result before tax ended up at NOK 324 million (€42.1 million/$58.3 million), from a turnover of NOK 1.1 billion (€130.6 million/$180.9 million).
“The operating result is totally on par with our estimate. The company is renowned for its dynamic operation and hasn’t disappointed this time either. But the margin in mid-Norway is a notch weaker than anticipated.
