Archive for May 2024
Campaigners challenge ‘protected’ rule change for Scottish salmon
Environmental charity Wildfish has formally appealed against a change in the rules on what can be called “Scottish salmon”. Last month the UK Government approved a request to amend the “Protected Geographical Indication” (PGI) for “Scottish farmed salmon” to “Scottish salmon”. The PGI rules set out strict criteria for regional food products, specifying not only…
Read MoreEscaped Lerøy salmon may be diseased, experts fear
Some of the fish that escaped from a Lerøy Seafood facility in Norway could be carrying serious diseases, it is being reported.
Read MoreNorway’s biological issues cut into Mowi’s Q1 profit
Mowi, the world’s largest farmer of Atlantic salmon produced an operational profit or EBIT of €201m (£173m) between January and March this year. This is well down on last year’s figure of €322m (£277m).
Read MoreMowi Scotland recovery gathers pace
Mowi Scotland is bouncing back from the troubles which have hit financial performance recently. Results for the first quarter of this year, published today, show the Scotland division produced an operational EBIT or operational profit of €31.1m (£26.8m) up from €26.6m (£23m) 12 months earlier.
Read MoreSalmon Evolution heads into profit
Land-based salmon farmer Salmon Evolution has reported its first operational profit, in what the company has called a “significant milestone”. The Norway-based producer reported operating revenues of NOK 100.3m (£7.37m) in the first quarter of 2024 and a group EBITDA of NOK 24.1m (£1.77m).
Read MoreFarmed trout exports up by more than half
Trout is becoming the fashionable new farmed fish favourite in some parts of the world, figures from the Norwegian Seafood Council show this week. Trout exports totalled a healthy 4,177 tonnes.
Read MoreLerøy hit by new salmon escape incident
There were more problems for the Lerøy Seafood group today as the company found itself tackling a serious salmon escape. It is feared that an estimated 14,000 fish have got out of a Lerøy Midt facility in the Hitra municipality.
Read MoreCermaq finance chief moves to Atlantic Sapphire
The Florida based land salmon company Atlantic Sapphire has appointed a new chief financial officer. The new CFO is Gunnar Aasbo-Skinderhaug who is moving from Cermaq.
Read MoreNorwegian salmon exports return to value growth
Norwegian salmon exports were back on track in value terms last month, reversing the fall seen in March. The value growth, however, was just 2% up on April last year.
Read MoreBig jump in Bakkafrost Q1 profit as Scotland continues to improve
Bakkafrost today announced an increased 2024 first quarter operational profit or EBIT of 710m Danish kroner (£81.7m ). The company said biological performance in Scotland is continuing to improve.
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