Jamie Carr Columnist

It doesn’t need Sir David Attenborough to get the message across that the world’s oceans are in a terrible state, with rising temperatures killing off coral reefs, vast floating wastelands of plastic, and fishing methods far offshore that would raise a few eyebrows among the pirates of the Barbary Coast. With estimates suggesting that as little as 10% of the piscine protein that’s hoiked out of the water ever ends up on a plate, it’s clear that this is a sector that needs some proper international regulation. This may go some way to answering the conundrum as to why an operator such as Premier, which keeps on dishing up admirably solid results, has a share price that is plummeting to the bottom like a shark that has just had its fin removed for soup purposes. Boosted by the acquisition of Talhado Fishing, the company has trebled its operating profit on the back of a strong performance in squid, which its European customers are tucking into with abandon and coming back for seconds. S...

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