Morpol: Strong Improvement In Processing Margins

The Fish Site
by The Fish Site
11 November 2011, at 12:00am

NORWAY - Morpol reported a positive EBIT pre fair value for the third quarter 2011 of EUR 14.8 million, due to increased profitability from a large reduction in cost of sales as a result of reduced salmon raw material purchase prices which dropped significantly throughout the quarter.