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THE CEO’S PERSPECTIVE

As anticipated, 2013 was the start of new high cycle in salmon farming. While demand in markets all over the world is strong, the supply of salmon has changed from historically high growth in 2012 to low growth in 2013. This development has sharply increased prices, as the price levels in 2013 were at a completely different level than in 2012.

SUSTAINABILITY REPORT

Seafood and particularly aquaculture is designated to be one of the future´s most important sources of protein for the growing world population. In addition to having a significant positive effect on public health, seafood is substantially more energy efficient than other meats. It can therefore turn out to be an important step in solving the climate challenge. In order to exploit this possibility it is an imperative for the industry to develop in a sustainable manner.

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KEY
FIGURES

The Group had a turnover of NOK 2 404 in 2013, an increase of 17 % compared with the previous year. The total harvest was 58 061 tons glutted weight, a reduction of 11 939 tons from 2012, equivalent to a reduction of 17 %. 2013 was marked by low supply growth and good prices throughout the year.