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Bakkafrost Scotland Q3 harvest steady, but mortality costs hit almost £7 million

Bakkafrost today unveiled a 3,000 metric ton plus increase in its third quarter harvest, all of it taking place in the Faroe Islands. Scotland’s harvest was more or less unchanged.

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Bakkafrost Scotland salmon

But based on premium numbers the incident based mortality costs for Scotland are estimated to be 59 million Danish kroner or almost £6.9 million.

 

These mainly occurred in September at the Portree farming site, said the company.

 

Announcing its trading update for the three months between July to September, Bakkafrost announced a total harvest of 30,700 tons against 27,000 tons in Q3 last year.

 

The Faroe Islands showed the best performance, up by almost 3,800 tons at 25,400 tons against 21,600 tons a year ago. The average weight was 5.2 kilos.

 

Scotland, where the company has been having problems produced a harvest of 5,300 tons, just 100 tons down on a year ago.

 

All harvest figures are heads on, gutted (HOG) equivalents. The average weight was 4.8 kilos.

 

The smolt release numbers in Q3 2025 were: Faroe Islands 4.8 million and Scotland, 3.3 million.

In July Bakkafrost issued a second quarter profit warning following “extraordinary mortality” issues in Scotland. Biological performance in the Faroes continued to be strong, however. It said weak salmon prices, which continued through July and August, had also harmed the overall results.

 

The full Q3 2025 report will be released on 4 November.

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