Sea Harvest earnings sink 45% as tough fishing conditions and high costs bite
The fishing group said it faced one of its toughest years since listing in 2017
04 March 2025 - 09:50
Sea Harvest has reported a 45% decline in full-year headline earnings, reflecting a combination of historically low hake catch rates, persistent weakness in global seafood markets and rising interest costs, which outweighed revenue growth driven by acquisitions.
Headline earnings per share (HEPS) for the year ended December dropped to 55c from 100c the previous year...
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