January 16, 2020 / 5:39 AM / 7 days ago

Fish farmer Mowi's Q4 profit lags forecast

OSLO, Jan 16 (Reuters) - Norwegian fish farmer Mowi’s fourth-quarter profit fell more than analysts had expected amid a drop in prices, its preliminary earnings report showed on Thursday.

Operating profit for the October-December period declined 22.5% to 165 million euros ($184 million), lagging the average forecast of 178.4 million in a Refinitiv poll of analysts. ($1=0.8969 euros) (Reporting by Terje Solsvik; Editing by Clarence Fernandez)

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