Oceana

For the 11 months ended 25 August 2024, Lucky Star’s sales -2%, while improved production in the second half boosted margins. Fishmeal and fish oil sales in Africa decreased due to lower raw material availability, though higher oil yields and a weaker Rand offset some of the impact. Daybrook benefited from record US Dollar fish oil prices, although fishmeal sales and prices were lower than the previous period. Wild Caught Seafood’s hake sales volumes +31%, but horse mackerel performance declined due to mechanical issues and lower catch rates. Results due: 25 Nov
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