Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Nutreco Cuts Profit Target as Salmon Feed Weighs on Margins

Oct. 17 (Bloomberg) -- Nutreco NV, the world’s largest supplier of fish feed, cut its forecast for profit this year amid a “challenging market” for products for salmon that eroded margins in Norway.

The supplier of Skretting shrimp and fish feed predicts that earnings before interest, taxes and amortization will total about 255 million euros ($345 million), down from an earlier target of at least matching last year’s 262.1 million euros, the Amersfoort, Netherlands-based company said today in a statement.

Chief Executive Officer Knut Nesse is introducing products to expand in faster-growing markets such as shrimp and diversify away from salmon. Nutreco is looking at the sale of a compound-feed division in Spain, while pursuing more business in Latin America, Russia, Asia and Africa.

Third-quarter sales rose 0.7 percent to 1.49 billion euros, Nutreco said today.

To contact the reporter on this story: Andrew Noel in London at

To contact the editor responsible for this story: Simon Thiel at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.