Diseases force Grieg into 4Q write downs
date:Jan 18, 2013
Fish farming company Grieg Seafood took a hit in 4Q 2012 in the form of a combined NOK 88 million (USD 15.9 million, EUR 11.9 million) write down, in part due to fish stocks being ravaged by diseases.

In the U.K., Griegs Hjaltland location has experienced extraordinary mortalities in connection with required lice treatments in one production area, where the fish stock suffered from Amoebic Gill Disease, according to a 4Q report from Grieg.

As a result, the 2012 harvest volume dropped by about
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