The outlook for the overall seafood sector is a favorable one, but valuation is still relatively low, David Kerstens, independent consultant at Food for Valuation and author of the new IntraFish industry report Investing in Seafood, told attendees at the IntraFishSeafood Investment Forum in London on Wednesday.
Download Kersten's presentation here.
Projected revenue growth of the 50 largest publicly listed seafood companies, ranging from multi-billion market cap companies such as CP Foods, Marine Harvest, Nutreco and Thai Union to small-cap companies such as Sapmer, Solvtrans, Russian Sea and Nireus, stands at 12 percent per year for the next two years, increasingly driven by favorable pricing and to a lesser extent volume growth.
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