Icelandic Salmon AS: Q4 2021 Results – Strong growth, improved biological results
February 24, 2022
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February 18 2022: In Q4 2021, Icelandic Salmon AS (Euronext Growth Oslo: ISLAX) reported an operating income of EUR 36 million, up from EUR 16 million in the same period in 2020. This 125 per cent strong increase is mainly a result of improved price achievements, higher harvest volume and better utilisation of licensed maximum allowable biomass (MAB). Operational EBIT in the quarter was EUR 3.8 million, corresponding to EUR 0.89 per kg, also a significant improvement from 2020.
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