Salmon prices boost Grieg’s Q3 profits

2010-11-10T02:16:00

Grieg expects to harvest 65,000 tonnes of salmon this year.

Norwegian company Grieg Seafood ASA said a strong salmon market with high prices saw its operating profit before value adjustment of the biomass surge to NOK 105.1 million (€13 million/$18.1 million) in the third-quarter of 2010 from NOK 5.5 million (€682,800/$947,100) recorded in the same period of last year.

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