Posts Tagged ‘NRS’
Høstlund named as CEO of Nordic Aquafarms
Charles Høstlund, the former head of Norway Royal Salmon (NRS), has been appointed as CEO of Nordic Aquafarms, the land-based fish farmer.
He had been chairman of Nordic Aquafarms and his elevation follows the departure of the previous CEO, Bernt Olav Røttingsnes, who had earlier indicated he wanted to step down after six years in the post.
Read MoreNorway Royal Salmon reports mixed Q3 results
SUBSTANTIALLY higher harvests helped Norway Royal Salmon lift its overall operating profit, or EBIT, during the third quarter of this year. Post tax profits, however, were well down. The company today reported an operational EBIT of 131 million kroner for the July to September period, compared with NOK 34 million a year ago, when the…
Read MoreAlgae outbreak dents NRS profits
BIOLOGICAL issues such as the algae bloom outbreak last May have hit the second quarter profit and earnings of Norway Royal Salmon, figures show today. The company has reported an operating profit of NOK 116 million (£10.5 million) compared to NOK 181 million (£16.4 million) for Q2 last year. The profit after tax was NOK…
Read MoreRoyal results for Norway farmer
NORWAY Royal Salmon (NRS) today reported the highest operational EBIT (earnings before interest and tax) in the history of the company for both the final quarter of 2018 and the full financial year. The fourth quarter EBIT was 232 million kroner, representing an EBIT per kg of NOK 17.73. The corresponding figures for the same…
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