Norway Royal Salmon (NRS): Q1-20 Trading update
As reported in a stock exchange announcement on April 8, 2020, NRS harvested 5.4 thousand tonnes of gutted weight in the first quarter of 2020. During the quarter NRS has faced challenges with winter wounds on some of the fish. This have resulted in quality downgrades on harvested fish and reduced the price achievement, as well as increased production costs. In addition, a significant proportion of the fish harvested in the quarter come from an area which is subject to restrictions due to the fish disease ISA, which has resulted in higher well boat and harvest costs. The challenges of