Business
PROXI: Record harvests but weak prices led to lower guidance and ongoing refinancing efforts
PROXI: Record harvests but weak prices led to lower guidance and ongoing refinancing efforts

About this update from Proximar Seafood As
Harvest volumes reached record highs, but revenues were pressured by low spot market prices and limited contract sales amid Japanese market oversupply. Full-year guidance was revised down, with strategic actions underway to improve average harvest size and secure liquidity.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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