Bakkafrost hits 7-year low after profit warning

** Shares in Bakkafrost drop 13.1% after the Oslo-listed salmon farmer posted preliminary Q2 results, with lower-than-expected operational EBIT for the group

** "Weak salmon prices in the quarter harmed the overall results," the company said in a statement

** Bakkafrots said Scottish farming and freshwater segments had some challenges with diseases, which continued into July

** "Consequently, exceptional mortality costs of DKK 93 mln have been booked in the Scottish farming and freshwater segments," the company added

** Bakkafrost share price is at its lowest in seven years

** Shares are on track for a worst day since July 2023