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Denmark’s Uhrenholt Seafood struggles to achieve revenue target in 2015

Denmark’s Uhrenholt Seafood struggles to achieve revenue target in 2015

COPENHAGEN: The financial results of Uhrenholt Seafood’s group are not out yet, the outlook for 2015 “is positive” as its Q1 results are ahead of budget, Thellmann said. For its part, Uhrenholt Seafood AS, the only group’s unit that has published results, narrowed its losses to DKK 7.9 million in 2014, versus losses of DKK 16.9m in 2013.

Owner F. Uhrenholt Holding, however, has reported a loss of DKK 8.7m in 2014, from net profit of DKK 8.6m. The “key driver” of the negative result has been the Russian ban.