Algae Cost Impact

The cost reduction was partly offset by an algae bloom in Southern Norway, which negatively impacted costs by around EUR 10 million or EUR/kg 0.13 for Norwegian volumes. The company's operational EBIT per kg through the value chain varied across regions, with Norway achieving EUR 2.40 and Scotland EUR 1.50. In Consumer Products, operational EBIT was EUR 20 million, while Feed reported EUR 6 million in Operational EBITDA.