Danish processor Varde Laks sees smoked salmon demand rising

Varde Laks, a Danish processor that smokes salmon and halibut, is very optimistic about the year, with fully booked orders this month despite continuing salmon price volatility.

Last year was a building year for the company: it invested DKK 16 million (€2.1 million/$2.4 million) in production upgrades, mainly bigger ovens and better equipment, Managing Director Lisbeth Jakobsen told IntraFish.

The investment affected the company's net profit, which dropped from DKK 21.3 million (€2.9 million/$3.2 million) to DKK 9.57 million (€1.3