8th December 2021 Delegat Group / NZ King Salmon / Scales
New Zealand King Salmon and Scales have upgraded their earnings forecasts citing improving conditions and strong ingredients performance respectively.
With demand now exceeding supply and fish sizes recovering, the salmon company signals a second half revival.
New Zealand King Salmon has appointed Kiwibank’s deputy chief financial officer, Ben Rodgers, as its new CFO.
New Zealand King Salmon has updated the market with what it describes as “problematic” trading in the first half of the year and issues plaguing some of its salmon stock. MORE »
The salmon farmer posts a seven month net loss of $7m, as it changes its reporting date.
Increased airfreight costs, discounting and lockdowns all ate into the salmon farmer’s profit.