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Stolt Sea Farm blames Pescanova for flooding market as it takes multi-million hit on turbot ops

Company swings to a loss in second quarter of the year, blaming bankruptcy of its main competitor for causing forced sale of small fish at low prices

By Undercurrent News | July 3, 2014 09:26 BST
Turbot
Turbot. Photo: Alec Vuijlsteke
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Stolt Sea Farm blamed Pescanova's forced sales of farmed turbot at low prices for driving its earnings down into the red in the second quarter of the year [...]

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