Better news for Atlantic Sapphire as Q3 harvest jumps

tlantic Sapphire salmon in tank

Florida-based salmon farmer Atlantic Sapphire has reported a much brighter picture for production during the third quarter of this year.

The company processed 1,300 tonnes against 365 tonnes during the July to September period 12 months ago when temperature-related challenges resulted in slower growth.

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Atlantic Sapphire positive after higher harvest numbers

tlantic Sapphire salmon in tank

There was much brighter news from the Florida based salmon company Atlantic Sapphire yesterday, as it reported a large increase in its first quarter harvest. The company, which has had more than its share of problem including a falling share price last year, reported a 20214 first quarter harvest of 1.15 million tonnes (heads on…

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Atlantic Sapphire raises a further £27m for Florida site

Florida-based land salmon company Atlantic Sapphire raised around NOK 369m (£27.5m) in a new share issue in Oslo, where the company is listed, last night. The issue at NOK 1.20 per share was fully subscribed with its largest shareholder Nordlaks Holdings of Norway buying shares worth NOK 52m (£3.8m). The extra money will be used…

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Better days ahead, says Atlantic Sapphire

The Florida-based salmon company Atlantic Sapphire is looking to an improved performance in 2024 following the problems it experienced this year with high water temperatures. In a third quarter operational update, the RAS (recirculating aquaculture systems) producer said it expects to reach an EBITDA (earnings before interest tax depreciation and amortisation) break-even point by next…

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Atlantic Sapphire CEO set to quit

The CEO of land-based salmon farmer Atlantic Sapphire, Johan E. Andreassen, has announced he will be stepping down. Andreassen will remain in an “interim CEO role”, the company said, until a successor has been appointed. Atlantic Sapphire was founded in Demark but now operates a RAS (recirculating aquaculture system) salmon farm in Florida, USA. Andreassen…

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