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Analysts lift NZ King Salmon outlook


Profits won’t return til 2024 but future ‘reliant’ on new open sea farm.

NZ King Salmon’s farms in the Marlborough Sounds have suffered from warmer sea temperatures.

Strong prices for salmon are mitigating losses for listed fish farmer NZ King Salmon, says a Forsyth Barr report, but the company is not expected to get back in the black until 2024.

In a research note published this week, Forsyth Barr analysts Margaret Bei and Andy Bowley said they had improved

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Contact the Writer: thunter@nbr.co.nz

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