Grieg raises book value of its Shetland assets
Grieg Seafood appears to have added another £15m to the sale price of its Shetland business. In its Q1 presentation paper last week, the business put the net book value […] Continue Reading
Algal blooms cost Camanchaca $12m
The algal bloom attack which struck Chile in March cost Salmones Camanchaca, one of the country’s largest salmon farming companies, at least $12m (£8.52m). The company, publishing its 2021 first […] Continue Reading
Ace Aquatec expands North America division
Aquaculture technology group Ace Aquatec has made two senior hires for its North America division, based in Canada. The North America division will be led by Ace Aquatec Regional Manager, […] Continue Reading
NTS earnings hit new high
NTS AS, the integrated Norwegian aquaculture group, came close to doubling its income during the first part of this year. Unveiling its 2021 first quarter results, operating revenues totalled NOK […] Continue Reading
SalMar’s Q1 figures show strong performance
Scottish Sea Farms generated higher revenues and turned loss into profit for the Norwegian salmon giant SalMar during the first quarter of this year, figures show today. SalMar, which announced […] Continue Reading
Grieg Seafood reports financial loss for Q1
Grieg Seafood said today that the sale of its Shetland business is continuing and going to plan. The company made the disclosure as it unveiled its first quarter results, which […] Continue Reading
Bakkafrost delivers higher than predicted operating profit
The Bakkafrost group, owners of the Scottish Salmon Company, delivered a total operating EBIT or profit of 223.5m Danish kroner (£26m) during first three months of this year, higher than […] Continue Reading
Iceland shines for NRS, but Norway disappoints
Norway Royal Salmon today announced a first quarter operating profit of NOK 60m (£5m) during the first quarter of 2021, down from NOK 75m (£6m) a year earlier. The latest […] Continue Reading
Norcod turns loss into profit
Norcod has announced a significant turnaround in its financial position, nearly doubling revenues and reporting a 2021 first quarter profit. The Norwegian cod farmer announced an income of NOK 11.8m […] Continue Reading