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Ocean health is declining and could cost the global economy USD 400 billion (EUR 328.1 billion) annually by 2050 if threats such as overfishing, plastic pollution, acidification, and ocean warming are not addressed, delegates heard at this year’s North Atlantic Seafood Forum (NASF).
A healthy ocean, however, could bring a much brighter future, according to Peter Haugen, the co-chair of the High Level Panel for Sustainable Ocean Economy (Ocean Panel) expert group, who spoke during the 16th edition of the seafood business conference.
“The ocean is our lifeblood; our life source. It sustains us, with more than three billion people relying on food from the ocean as their main source of protein and nutrition. We also know that the ocean stabilizes the climate, Haugen said. We would have had a totally different global warming situation if it wasn’t there and working in the way that it does.
7 June 2021 23:11 GMT Updated 9 June 2021 12:45 GMT IntraFish is covering the 2021 North Atlantic Seafood Forum LIVE right here. Keep checking back for updates on our coverage, social media commentary and more. If you have any thoughts on the presentations, tweet to @intrafish with the hashtag #NASF21.
The event begins Tuesday, June 8.
Live coverage sponsored by Baader
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A virtual conference exploring opportunities and challenges to advance the economic sustainability, productivity and inclusivity of aquatic food systems worldwide.
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April 28, 2021 13:50 ET | Source: Marel hf. Marel hf.
Margins impacted by logistics and mobility challenges as the pandemic escalated
Profitability hampered by step up in sales and service coverage and strategic improvement initiatives
Orders received were EUR 369.4m (1Q20: 351.8m).
The order book
Revenues were EUR 334.0m (1Q20: 301.6m).
EBIT
1 margin of 11.4% (1Q20: 8.4%).
Net result was EUR 21.2m (1Q20: 13.4m).
Basic earnings per share (EPS) were EUR 2.82 cents (1Q20: 1.76 cents).
Cash flow from operating activities before interest and tax was EUR 60.2m (1Q20: 61.5m).
Free cash flow at EUR 45.5m (1Q20: 38.6m)