Salmar announces \’best ever\’ Q1 results

EFFORTS to deal with long standing biological problems at Scottish Sea Farms negatively impacted on its performance at the start of this year, Norwegian salmon giant SalMar reports with its 2020 Q1 results today. The company has a 50 per cent stake in the UK-based operation which it calls Norskott Havbruk and which it shares…

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Aquaculture UK latest covid victim

As expected the organisers of Aquaculture UK 2020 have today pulled the plug on the showpiece Aviemore event. With no end in sight to the lockdown restrictions in Scotland significantly easing, and with foreign travel expected to be one of the last prohibitions to be removed, it became inevitable that the flagship event would not…

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Iceland wild salmon threat \’negligible\’

PLANS to breed up to 10,000 tonnes of salmon on Iceland’s west coast would have an ‘insignificant’ impact on wild salmon or general marine life, an official report has concluded. The findings will be seen as a boost for the country’s growing aquaculture sector and a strong riposte to its environmental lobby which frequently opposes…

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Iceland wild salmon threat \’negligible\’

PLANS to breed up to 10,000 tonnes of salmon on Iceland’s west coast would have an ‘insignificant’ impact on wild salmon or general marine life, an official report has concluded. The findings will be seen as a boost for the country’s growing aquaculture sector and a strong riposte to its environmental lobby which frequently opposes…

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M & S support for Scottish salmon farmers

TOP UK retailer Marks & Spencer has publicly pledged its support for Scotland’s salmon farmers. In a Covid crisis message to tens of thousands of on-line customers, titled \’See How We Support Our Salmon Farmers\’, the company said that message was now more important than ever, adding that its salmon was always 100 per cent…

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SSPO calls on governments to support market access

The Scottish salmon sector is calling on the UK and Scottish Governments to support market access following a significant downturn in export sales through the first quarter of this year. New figures published by HMRC show that both volume and values of Scottish salmon exports during the first quarter of 2020 fell by 40 per…

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Leroy sees Q1 profits increase

LERØY Seafood, co-owners of Scottish Sea Farms operations, today reported a substantial increase in revenues and operational profits for the first quarter of this year. Income was up from 4,746 million kroner (£381-million) in Q1 2019 to NOK 5,305 million (£426m)million this time, while the operating profit before fair value adjustment related to biological assets…

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Norway salmon farmers facing new tax hit

NORWAY’S fish farmers are facing the prospect of a new production tax from next year. The government has announced proposals for a tax of NOK O.40 (40 øre or cents) per kilogramme on salmon, trout and rainbow trout which is expected to produce revenues of NOK 500 million for local and regional municipalities, mostly in…

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EXCLUSIVE: Public attitudes to fish farms revealed in private poll

In a private opinion poll commissioned by the Scottish Salmon Producers Organisation (SSPO) the Scottish public have given a tentative \’thumbs up\’ to the fish farming industry. That is the stand out finding from the results of the polling exclusively released to Fish Farmer Magazine and published in our newly released May 2020 issue. The…

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Biology blights Mowi Scotland results

CONTINUING challenging biological issues was the main factor which led to a large drop in operational EBIT or profits at Mowi’s Scottish operations during the first three months of this year, the group’s Q1 results show. The Scottish operational EBIT was 5.7 million euros compared with €35.8 million 12 months ago, and the equivalent of…

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