News
Uncertainty clouds Norwegian presence in British Columbia
A high profile salmon company is facing a difficult future following the publication of its latest results in the past couple of days. That business is the Grieg Seafood Company which saw its share price drop sharply in Oslo yesterday.
Of all the big Norwegian salmon farmers, Grieg has so far produced the most disappointing Q2 results.
Hands-on farming
Mowi acquired Wester Ross Fisheries in 2022. Robert Outram asks: has the move changed the company’s unique approach?
Read MoreQ2 loss for Grieg as fish health issues hit
GRIEG Seafood reported a disappointing second quarter today, with an operational loss and lower salmon harvests. The harvest volume was down by over 7,000 tonnes to 15,272 tonnes during the April to June period.
Read MoreLerøy positive despite lower Q2 operational profit
The Lerøy Seafood Group, part owners of Scottish Sea Farms, produced a second quarter operational profit of NOK 906m (£66m), NOK 44m (£3.2m) lower than a year ago. However, the company said there had been good biological improvements during the period, with promising results from shielding technology.
Read MoreMowi Scotland reports strong Q2 and better biology
Mowi Scotland produced another strong quarter between April and June this year, with news that some of the issues that have dogged the business in the recent past are now becoming less of a problem. The division produced revenues of 43.6m euros (£37m) against €41.8m (£35.7m) a year ago.
Read MoreAlumichem enables salmon producer to meet strict effluent standards
A Norwegian salmon producer faced stricter effluent discharge limits and increasing sludge amounts.
Read MoreWorld’s first climate-neutral boat hull
Used cooking oil is being deployed to create a safe and eco-friendly workboat.
Read MoreChanging of the guard
With a new government at Westminster, and new leadership at Holyrood, Salmon Scotland Chief Executive Tavish Scott has been busy ensuring that aquaculture’s voice is heard at the heart of UK politics.
Read MoreSalMar Q2 profit down as winter issues continue to impact
Salmar, the world’s second largest producer of Atlantic salmon, unveiled an operational EBIT or profit of NOK 1.4 billion (just over £100m) during the April to June period this year, down from NOK 1.7 billion (£120m) a year earlier.
Read MoreScottish Sea Farms bounces back into profit and almost doubles harvest
Scottish Sea Farms has more than doubled its revenue and turned loss into profit during the second quarter of this year.
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