Business
MULTI_X: Revenue and profit fell sharply on lower volumes and higher costs, with a major plant fire loss
MULTI_X: Revenue and profit fell sharply on lower volumes and higher costs, with a major plant fire loss
About this update from Multiexport Foods S.a.
Q2 2024 saw a 15.5% drop in revenue and a net loss, driven by lower salmon volumes and higher costs, while a major plant fire led to a USD 9.4 million loss provision. Net debt and leverage increased, with insurance recovery pending.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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