Arctic Fish has been experiencing severe biological issues in two of its sites
in Dyrafjordur, Iceland. The total estimation of mortality is under review but
is estimated to be 1.5-2.0 thousand tonnes of large size fish that was ready for
the market. All efforts are being made to handle this efficiently, which
include speeding up harvesting in these two sites in the coming weeks. Our
excellent employees have made great efforts in handling the situation in the
best possible manner.
The main root cause for the mortality is related to reduced fish health, which
could have been caused by stress due to handling. Secondary complications
related to limitations on harvesting capacity may also have impacted the fish
health.
This event will have an impact on the results in Q1 of 2022 as well as the
harvesting estimates for the year.
Further clarification regarding material effects of the event will be addressed
in the presentation of the Q4 results on the 23rd of February 2022.
Contacts:
Stein Ove Tveiten, CEO, sot@afish.is, +354 8439900
Neil Shiran Thorisson, CFO, nst@afish.is, +354 8315300
