The half year report for BioMar Group have been released by the parent company Schouw & Co. The report underlines the long-term solid performance of the company by increased volumes and revenue compared to 2018. The positive development leads BioMar to increase the guidance for the full year in terms of revenue and EBITDA.
BioMar Group continues to deliver solid financial results. The sales volume increased four percent compared to same period last year driven by strong performance in the salmon markets in UK and Chile as well as within the business units producing feed for other species across the world. Innovative product offerings and close cooperation with the customers designing advanced feed solutions targeted the consumer market has been some of the factors driving the results:
'Feed is moving away from being a commodity product towards being a significant driver of welfare in the farms as well as a part of the value proposition towards the end-consumers. Many of our customers are determined to ensure, that we together deliver healthy and sustainable seafood. The agenda of food is changing and our opportunities for taking responsibility expands along with rapid development within the end-consumer segments', explains Carlos Diaz, CEO in BioMar Group.
Read the full article on the International Aquafeed website, HERE.
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BioMar Group continues to deliver solid financial results. The sales volume increased four percent compared to same period last year driven by strong performance in the salmon markets in UK and Chile as well as within the business units producing feed for other species across the world. Innovative product offerings and close cooperation with the customers designing advanced feed solutions targeted the consumer market has been some of the factors driving the results:
'Feed is moving away from being a commodity product towards being a significant driver of welfare in the farms as well as a part of the value proposition towards the end-consumers. Many of our customers are determined to ensure, that we together deliver healthy and sustainable seafood. The agenda of food is changing and our opportunities for taking responsibility expands along with rapid development within the end-consumer segments', explains Carlos Diaz, CEO in BioMar Group.
Read the full article on the International Aquafeed website, HERE.
The Aquaculturists
This blog is maintained by The Aquaculturists staff and is supported by the
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