Nutreco, parent company of Skretting, reported higher results and good progress on sustainability in it’s recently released 2015 Annual Review. The report noted higher financial results with net revenues of €5.7 billion (2014: €5.3 billion) and an operating result of €282 million (2014: €236 million).
“2015 was in many ways a special year for Nutreco. The financial results were very good across all of our businesses. This confirms that we are increasingly successful in translating our R&D and innovation capabilities into sustainable nutritional solutions valued by our customers,” said Knut Nesse, CEO of Nutreco.
Financial performance improved in all three of Nutreco’s segments: Animal Nutrition, Aquafeed and Nutreco Iberia. In Aquafeed, trading under the Skretting company brand, the salmon feed business performed strongly in 2015, and maintained the position as global market leader, although there is still overcapacity in the main Norwegian market. In shrimp feed, Ecuador reported strong organic growth.
