Morpol on Wednesday announced operating revenues of EUR 148.3 million (USD 198.7 million) for the second quarter of 2013, up EUR 35.2 million (USD 47.2 million) compared to the second quarter of 2012.
Operating EBIT for the quarter dropped to EUR 2 million (USD 2.7 million), down EUR 8.2 million (USD 11 million) compared to the same quarter last year, but up EUR 3.2 million (USD 4.3 million) compared to the first quarter of 2013.
Revenue from the company’s operating revenue was EUR 118.7 million (USD 159 million) compared to EUR 90.4 million (USD 121 million) in 2012. Morpol credits the increase to higher unit sales prices to customers. EBIT for processing was in the quarter was EUR 12.1 million (USD 16.2 million) compared to EUR 5.7 million (USD 7.6 million).
Salmon farming accounted for operating revenues of EUR 42.7 million (USD 57 million) in the quarter, up from EUR 37.1 million (USD 49.7 million). Volumes sold dropped by 10 percent compared to the same period last year. EBIT in the quarter was EUR 10 million (USD 13.4 million), up from EUR 2.6 million (USD 3.5 million) during the same time period last year.
Operating EBIT for the quarter dropped to EUR 2 million (USD 2.7 million), down EUR 8.2 million (USD 11 million) compared to the same quarter last year, but up EUR 3.2 million (USD 4.3 million) compared to the first quarter of 2013.
Revenue from the company’s operating revenue was EUR 118.7 million (USD 159 million) compared to EUR 90.4 million (USD 121 million) in 2012. Morpol credits the increase to higher unit sales prices to customers. EBIT for processing was in the quarter was EUR 12.1 million (USD 16.2 million) compared to EUR 5.7 million (USD 7.6 million).
Salmon farming accounted for operating revenues of EUR 42.7 million (USD 57 million) in the quarter, up from EUR 37.1 million (USD 49.7 million). Volumes sold dropped by 10 percent compared to the same period last year. EBIT in the quarter was EUR 10 million (USD 13.4 million), up from EUR 2.6 million (USD 3.5 million) during the same time period last year.
