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NORWAY - Aller Aqua will 'continue to take risks' in African market

Aller Aqua has stated that they will continue to “take risks” when it comes to developing emerging aquaculture markets. The firm has grown rapidly in recent years and in 2017 will open two new plants in Zambia and China to bring its total up to six – doubling its overall production capacity, to around 300,000 metric tons. 

August 24, 2017

Danish fish feed group Aller Aqua will continue to “take risks” when it comes to developing emerging aquaculture markets. 

The firm has grown rapidly in recent years and in 2017 will open two new plants in Zambia and China to bring its total up to six – doubling its overall production capacity, to around 300,000 metric tons. 

However, its recently-reported 2016 results showed that depreciation in the Nigerian and Egyptian currencies had hit the group's bottom line profit.

“That's something that's very hard to protect yourself against,” said Bylling, during AquaNor 2017. “But we go into Africa to make a difference, to develop the market. When you lead the way, you have to take the bumps along the route.”

After fairly exceptional growth in 2017, Aller will likely look to consolidate its new operations and expand its sales in 2018, to take advantage of its greater production capacity.

At AquaNor Aller launched its “Aller Active” feed, designed to boost immune defenses in fish.

Source: Undercurrent News // Original Article 

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