Comment posted Has Loch Fyne Oysters been shucked by the right partner? by newsroom.
We know just what you’re talking about. There’s nothing like an all-nighter – of which we do too many – to make one snappish in the morning.
And we understand your irritation. But the business risk tightrope is a difficult one and a white knight means handing control to something which may not deliver.
A 36% drop in pre-tax and pre-interest trading profits is not a sneeze. And investment in the means for LFO to develop its export market will come from profits.
There is no one who would not fervently wish to see LFO grow securely but this has not been the start to the relationship any of the partners would have wished for.
Having said that, Northern Link is an investment company and it is part of Scottish Seafood Investments. That may buffer the hit on the Scottish Salmon Company.
But the LFO employee-owners who were given shares in the Scottish Salmon Company in the sale, will not be able to look forward to much of a dividend in these circumstances.
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