Kingfish Zeeland BV (DE:93G) has released an update.
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Kingfish Zeeland BV has announced a €14 million equity private placement to boost liquidity as it anticipates over 50% volume growth in Q4 2024, driven by increasing demand for its sustainable Yellowtail Kingfish. The company is optimizing its operations and adjusting biomass levels to enhance efficiency, aligning production with demand, and preparing for full farm capacity. These strategic moves aim to solidify Kingfish’s market position and support its long-term growth objectives.
For further insights into DE:93G stock, check out TipRanks’ Stock Analysis page.
