Norway Royal Salmon (NRS): Q3 20 - Operational EBIT of MNOK 35
Norway Royal Salmon (NRS) reports an operational EBIT of MNOK 35 for the third quarter 2020 and EBIT per kg of NOK 4.21. Corresponding figures for the same quarter last year were MNOK 131 and NOK 19.60. - The market price of salmon has, as normal, been seasonally low in the quarter but is also impacted by the Covid-19 pandemic. In the quarter NRS finished harvest of a generation that has had high production costs. Our margins in this quarter are therefore affected by this. We have had good growth throughout the quarter, and by starting to harvest a new generation we expect lower