date:Feb 16, 2013
The latest 4Q report from fish farmer Grieg Seafood ASA shows volumes have increased in Norway, but the company experienced extraordinarily weaker results in its U.K. and Canadian operations.
The companys total Earnings Before Interest and Taxes (EBITDA) for 4Q was NOK -97.8 million USD -17.6 million, EUR -13.2 million), compared to NOK 439,000 (USD 79,182, EUR 59,319) in the same quarter of 2011. In total, the company reported a net loss of NOK 31.9 million (USD 5.8 million, EUR 4.3 million),