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Article: Marine Farms says Lakeland unit to incur GBP2m losses H2 '09.(Brief article)
- Article from:
- Nordic Business Report
- Article date:
- September 28, 2009
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NORDIC BUSINESS REPORT-28 September 2009-Marine Farms says Lakeland unit to incur GBP2m losses H2 '09(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
28 September 2009 - Norwegian aquaculture group Marine Farms ASA (OSL: MFA) said today its unit Lakeland expects a negative impact of GBP2m in the second half of 2009 due to losses at its salmon farms on the west coast of Shetland.
The losses are due to high mortality and reduced growth caused by salmon lice.
The company now expects harvest volumes of 2,500 tonnes in the third and 3,000 tonnes in the fourth quarter.
Fish farmers on the west coast of Shetland will work close together to ...