Grieg reports strong results in ‘historic’ market
Grieg Seafood CEO Andreas Kvame has said the first three months of 2022 have been “unlike anything” he has seen in his long career in the industry. The quarter has […] Continue Reading
NRS issues profits warning
Norway Royal Salmon has issued a profits warning ahead of its 2022 first quarter results, due later this month. The company said the problem relates biological challenges, with higher than […] Continue Reading
AKVA sees revenue and profits up for first quarter
Aquaculture technology group AKVA has reported revenue for Q1 of 2022 up 18% year on year to NOK 849m (£70.7m) and earnings up 23% to NOK 103m (£8.6m), excluding the […] Continue Reading
Lerøy profits up, but CEO warns of rising costs
Lerøy Seafood today became the latest fish farming business to report near double first quarter operating profits on the back of rising salmon prices. The group, which has a half share […] Continue Reading
Scottish Sea Farms helps SalMar to profit in Q1
SalMar today became the latest fish farming company to report increased first quarter operating profits on the back of soaring salmon prices. The salmon giant, which is part owner of […] Continue Reading
Mowi Q1 profit soars, but Scotland down again
Boosted by soaring salmon prices, Mowi today unveiled a record first quarter operating profit or EBIT, but results from its Scottish business were once again disappointing. The world’s largest salmon […] Continue Reading
Bakkafrost’s Scottish farms on road to recovery as group profits rise
Bakkafrost almost doubled its operating profit during the first three months of this year, with its Scottish farming business showing a big improvement. Releasing the 2022 Q1 results, the Faroe […] Continue Reading
Bleikers Smoke House under investigation
The National Food Crime Unit is investigating Bleikers, one of the UK’s leading salmon smoke houses, which has gone into administration after losing a major supermarket contract. The North Yorkshire […] Continue Reading
AquaBounty says its GE production is on track
AquaBounty Technologies, the US firm producing genetically-modified salmon, has reported an increased financial loss for Q1 of this year, but says its drive to increase production is on track. AquaBounty […] Continue Reading