Marine Harvest, the world's largest fish farmer, is confident it can cope with short-term challenges created by Russian sanctions that are hurting the fish-farming sector, it said on Wednesday.
Norwegian fish farmers, which mostly raise salmon, have been hit by share price falls over the past month after their biggest market banned some food imports from Western countries in retaliation for the West's sanctions in response to the Ukraine crisis.
Marine Harvest's shares have fallen by 4.5 percent over the past month, against a 2.2 percent fall for the Oslo benchmark index, but CEO Alf-Helge Aarskog said he is confident the business is well positioned to deal with the short-term challenges.
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