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NZ King Salmon raises 2018 earnings forecast

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New Zealand King Salmon Investments, the world's largest aquaculture producer of king salmon, raised its forecast for 2018 annual earnings as the business tracks better than expected.

The Nelson-based company said pro-forma operating earnings before interest, tax, depreciation and amortisation are expected to be between $24.5 million and $26 million in the year ending June 30, 2018, ahead of the $22.4 million forecast........

© The National Business Review