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Bakkafrost shares fell more than 5% after third-quarter operating profit of DKK 128 million missed analyst expectations of DKK 223 million. Faroese farming posted an operating loss of DKK 0.34 per kg and Scotland remained loss-making at DKK 140 million.
The company will stop buying smolt from external suppliers.
Weak farming margins and lower harvest volumes suggest somewhat reduced salmon output and fish-feed demand. The earnings miss has little direct effect on fishmeal or feed prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.