Mowi drops dividend and reduces headcount
Mowi has unveiled plans to reduce its headcount by ten per cent as Covid-19 continues to take a toll on financial performance. And it is not paying a dividend for […] Continue Reading
Mowi responds to Carradale fish losses
As a response to the damage caused by Storm Ellen to their fish farm site at Carradale North, Mowi Scotland last night issued the following statement: ‘Mowi Scotland’s salmon farm […] Continue Reading
NRS reports Q2 EBIT increase
Norway Royal Salmon (NRS) today announced an increased operational EBIT (earnings before interest and tax) of 120 million Norwegian kroner (NOK) (£10.2 million) during the second quarter of this year. […] Continue Reading
Loch Duart helps fund new accessible Wheelyboat
Independent Scottish salmon farm, Loch Duart, has donated over £7,300 through its Salmon Pool fund, to the North Uist and South Uist Angling Clubs to help purchase a brand-new, accessible […] Continue Reading
Bakkafrost reports ‘positive Q2’ despite EBIT drop
The Bakkafrost Group today reported a positive performance from all of its activities during the second quarter of this year despite the financial impact of Covid-19 – with the Scottish […] Continue Reading
Austevoll Q2 results impacted by covid
Austevoll Seafood has become the latest company to report a Covid-19 hit on its 2020 second quarter performance due to lower margins from trout and Atlantic salmon, including Scottish Sea […] Continue Reading
Fish farm auction nets 6 billion kroner
The big Norwegian fish farming permit auction this week netted more than half a billion pounds sterling – or just short of six billion kroner. A total of 30 aquaculture […] Continue Reading
BREAKING: Mowi’s North Carradale farm hit by Storm Ellen
Mowi Scotland have reported that its farm at North Carradale was hit by Storm Ellen yesterday. The company have issued the following statement: ‘On August 20, 2020, Mowi’s salmon farm […] Continue Reading
Covid impacts Leroy Q2 profits
The Lerøy Seafood Group, co-owners of Scottish Sea Farms, today reported a significant drop in profits due almost entirely to the Covid-19 pandemic during the second quarter of this year. […] Continue Reading