BioMar announces financial hit from Russian market withdrawal

Published on
May 6, 2022
BioMar CEO Carlos Diaz

Denmark-headquartered aquaculture feed supplier BioMar Group reported higher revenues and volume sales in Q1 2022, but its decision to suspend trading with Russia, the rising cost of energy, and raw material prices are impacting its earnings.

Photo courtesy of BioMar

Contributing Editor reporting from London, UK

Want seafood news sent to your inbox?

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500