Marine Harvest ASA operates in the Animal aquaculture sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Pan Fish with three other
fisheries and seafood processors in Europe:
Galaxidi Fish Farming SA
of Greece
(2016
sales of 51.46 million Euro [US$60.04 million]
),
Nirefs Aquaculture S.A.
of Greece
(197.70 million Euro [US$230.69 million]
), and
Selonda SA
which is
also
based in Greece
(176.19 million Euro [US$205.58 million]
).
Sales Analysis.
Pan Fish reported sales of NOK 32.46 billion (US$4.04 billion)
for the
year ending
December of 2016.
This
represents
an
increase of 16.4%
versus 2015, when the company's sales were NOK 27.88 billion.
This was the fourth straight year of sales growth at Pan Fish.
Sales of Fish Feed saw an increase
that was more than double the company's growth rate: sales were up
448.2% in 2016, from
NOK 28.00 million to NOK 153.49 million.
Pan Fish also saw significant increases in sales in
Sales and Marketing Mh Vap Europe (up 25.5% to NOK 12.68 billion)
.
Not all segments of Pan Fish experienced an increase in sales in 2016:
sales of Other fell 55.4% to NOK 25.89 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Pan Fish also experienced decreases in sales in
Farming (down 41.5% to NOK 462.31 million)
.