Norway Royal Salmon: Q4 19 – Operational EBIT of MNOK 136
Today Norway Royal Salmon (NRS) reports an operational EBIT of MNOK 136 for the fourth quarter 2019 and EBIT per kg of NOK 16.71. Corresponding figures for the same quarter last year were MNOK 233 and NOK 17.73. - The sale of Region South was completed on 16 December 2019 and increased the result after tax with a gain of MNOK 922 in the quarter. Increased production costs have reduced the margin in the quarter, while the price of salmon increased during the quarter. NRS shall grow through sustainable growth, the Group has at the end of the quarter 20 % higher biomass in Region North