Tassal’s domestic focus pays dividends

Salmon farmer Tassal Group says its focus on the domestic market is paying dividends.

Tassal’s net profit for the six months to December 31 of AUD 22.48 million (USD 20 million, EUR 14.8 million) is up 42 percent on last year’s AUD 15.83 million (USD 14.2 million, EUR 10.4 million).

Tassal CEO Mark Ryan said the result vindicated the company’s focus on the domestic market and lifting local per capita consumption.

“The past six months has seen Tassal produce a strong set of results, with higher margin returns generated in the domestic market,” he said in a statement.

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