Norway Royal Salmon (NRS): Q4 20 - Operational EBIT of MNOK 17
Norway Royal Salmon (NRS) reports an operational EBIT of MNOK 17 for the fourth quarter of 2020 and EBIT per kg of NOK 5.05. Corresponding figures for the same quarter last year were MNOK 136 and NOK 17.71. - The market price of salmon has been affected by the Covid-19 pandemic and has been low in the quarter. Our margins in this quarter are affected by this, even though production costs have been reduced slightly from the previous quarter. The biomass in the sea has increased during the quarter and is 15 % higher than at the end of the same quarter last year. This leads to that NRS has