loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Prices

Sapmer in the red as earnings tumble on tuna price drop

Dive in tuna prices, compounded by unfavorable exchange rates for toothfish and rock lobster sales saw the French group make a loss of €3.75m in first six months of the year

By Undercurrent News | Sept. 17, 2014 18:14 BST
Sapmer posts €11.9m loss as tuna sales dive
Sapmer's Tuna Processing Services Indian Ocean plant in Port Louis, Mauritius, which opened in July 2013, processes yellowfin and skipjack, mainly into loins, most of which as sashimi quality.
Related

Bumble Bee, Sapmer partner on sashimi tuna launch

Sapmer posts €11.9m loss as tuna sales dive

Thai Union tuna business set for boost from lower skipjack prices, says brokerage

Thai Union sees strong outlook on low tuna prices, gradual recovery on shrimp

Sapmer revenues drop 16% in H1

Sapmer revenues drop 16% in H1

Strong euro, weak yen cost Sapmer its €100m sales target

Strong euro, weak yen cost Sapmer its €100m sales target

Bangkok skipjack prices tumble as much as $250/t

Bangkok skipjack prices tumble as much as $250/t

Tough Japanese market brings Sapmer profit down

Tough Japanese market brings Sapmer profit down

The drop in tuna prices took its toll on Sapmer's bottom line in the first half of the year [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

Cermaq Canada to test algae-derived feed at British Columbia salmon farms

China’s FTA with Ecuador takes effect amid growth of local shrimp industry

Russia eyes increased seafood exports to new markets

Port Lite finishes new surimi factory, salmon plant set for Q4 opening

AdvertisementX

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Please select at least one newsletter!
Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.