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Lerøy reports strong profit growth in Q2

NORWAY
Friday, August 22, 2014, 05:10 (GMT + 9)

Lerøy Seafood Group ASA obtained an increase in turnover and operating profit in the second quarter this year, mainly due to its 21 per cent growth in harvested salmon and trout compared to the same period in 2013. In the analysed period, the Group reported turnover of NOK 3,177 million (USD 514.3 million), compared to NOK 2,513 million (USD 406.8 million) in the same period in 2013. And an operating profit before biomass value adjustment of NOK 500 million (USD 80.9 million) versus NOK 462 million (USD 74.8 million) in the same period last year. Considering the first six months of the year, Lerøy has reported turnover of NOK 6,356 million (USD 1,029 million) compared with NOK 4,845 million (USD 784.4 million) for the same period of 2013. In the same period analysed, the operating profit before value adjust... FULL STORY

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