Strong sales in Aker Biomarine

The Marine Stewardship Council (MSC) certification confirms that Aker BioMarine conducts sustainable krill harvesting. Group operating revenues in the first six months of 2010 totaled NOK 130 million, compared with NOK 54 million in the first half year of 2009. The increase is largely attributable to Superba Krill sales growth, reports the company. Cash flow from operations amounted to minus NOK 73 million, a NOK 97 million improvement over the first six months of 2009. Factors affecting secondquarter 2010 cash flow from operations were a build‐up of working capital of NOK 51 million from harvesting, production and increased customer receivables. Operating profit before deprecation and amortization (EBITDA) amounted to NOK 1 million in the second quarter of 2010 – the Group’s first quarterly positive EBITDA. Second‐quarter 2009 EBITDA was minus NOK 22 million. EBITDA for the first six months of 2010 amounted to minus NOK 9 million, compared with minus NOK 70 million for the first half of 2009.