date:Apr 25, 2014
Nutreco has reported fish feed revenues of 414.5 million for Q1 2014, 26.6 per cent higher than last year driven by a 24.3 per cent increase in organic volumes and 11.1 per cent growth from acquisitions partly offset by 7.3 per cent foreign exchange effects.
The volume effect was 24.3 per cent, mostly due to higher demand for salmon feed in Norway and fish feed for sea bass and sea bream in southern Europe partly offset by lower demand for non-salmonid feed especially in China.
The increase in