The Bakkafrost Group delivered a total operational EBIT of DKK 388 million (DKK
353 million) in Q2 2024.
(Figures in parenthesis refer to the same period last year unless otherwise
specified)
Faroe Islands:
· Revenues of DKK 1,187 million (1,082 million)
· Operational EBIT of DKK 275 million (282 million)
Scotland:
· Revenues of DKK 880 million (587 million)
· Operational EBIT of DKK 113 million (71 million)
Commenting on the result, CEO Regin Jacobsen said:
"We are not content with the financial performance this quarter, largely due to
the strike in the Faroes. Conversely, we are highly satisfied with our current
operational position, particularly within our Faroese freshwater division, where
both efficiency and production volume of large high-quality smolt are steadily
improving. We are also pleased with the condition of the biomass in the Faroes
and Scotland. Growth is robust