Spanish fishing, aquaculture and seafood processing giant Nueva Pescanova says the outlook for growth this year is complicated by current high inflationary pressures seen across the world.

The company's sales exceeded €1 billion ($1.05 billion) for the 2021 financial year ended March 31. Whether the company can match or beat last year's financial performance will depend on markets such as Spain and Portugal, where it dominates and is launching new products.