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Adventureous Profit For Share Holders

by 5m Editor
12 February 2010, at 12:00am

NORWAY - Share holders in any of the Norwegian based salmon farming companies can enjoy an adventurous growth in value over the last 12 months.

According to FishfarmingXpert, the five companies, Marine Harvest (MHG), Lerøy Seafood Group (LSG), Cermaq (CEQ), Grieg Seafood (GSF) and Salmar (SALM), all listed at Oslo Stock Exchange, have had an average growth in value per share of 187 per cent. Highest increase is noticed for the Grieg Seafood shares with 292 per cent. Next on the ladder was Marine Harvest with an increase of 210 per cent.

In this comparison Salmar had the lowest growth over the past 12 months with 83 per cent. The main reasons for this is that Salmar have minor operational interested abroad, while Marine Harvest, Cermaq and Grieg Seafood have suffered a lot over the last two years because of problems in Chile, Canada end UK. But all together its mainly thanks to a exceptional strong salmon market the stock holders can celebrate huge profits.

5m Editor