Posts Tagged ‘Akva Group’
AKVA takes control of AI business Observe Technologies
AKVA group has taken full ownership of the UK aquaculture related artificial intelligence business Observe Technologies, in which it previously had a one-third stake.
Read MoreWorld’s first climate-neutral boat hull and safe eco-friendly workboat
AKVA group is launching the world’s first boat hull made from climate-neutral recycled materials. The recycled polymer material for the hull, which AKVA group have developed, is based on used cooking oil. The new boat hull is part of the iconic range of Polarcirkel boats. “With this innovative approach, the Polarcirkel maintain their status as…
Read MoreAKVA Group warns of salmon tax impact
The AKVA group, the world’s largest supplier of aquaculture services and solutions, has warned that the salmon tax is having a negative impact on the level of activity in the sea based business – and on land based operations. Presenting its results for the third quarter, the company said that the group delivered slightly reduced…
Read MoreAKVA Q3 revenue grows year on year
Aquaculture technology services provider AKVA group has reported revenue for Q3 of NOK 806 million (Q3 2019: NOK 771 million), an increase of 4%. EBITDA for the group decreased from NOK 115 million in Q3 2019 to NOK 105 million in Q3 2020. Net Profit was down from NOK 42 million last year to NOK…
Read MoreAKVA wins Iceland feed barge deal
The Icelandic salmon company Laxar Fiskeldi is to buy a large new feed barge from the AKVA group to meet an expected east coast increase in output over the next few years. The vessel, known as the AC 650 Panorama has a large feeding capacity of 650 metric tons in 12 silos, eight feeding lines…
Read MoreAKVA sales surge despite \’challenging quarter\’
THE AKVA group, the international aquaculture technology services provider, today reported increased sales of 862 million Norwegian kroner (£74 million) during the second quarter of this year, a period in what the company describes as a \’challenging global situation\’. This represents a rise of eight per cent on the same period in 2019 with America…
Read MoreAKVA sales surge despite \’challenging quarter\’
THE AKVA group, the international aquaculture technology services provider, today reported increased sales of 862 million Norwegian kroner (£74 million) during the second quarter of this year, a period in what the company describes as a \’challenging global situation\’. This represents a rise of eight per cent on the same period in 2019 with America…
Read MoreBREAKING: Potential USD $130 Million Maryland project for AKVA Group
The AKVA group ASA has today announced that it has signed a non-binding Term Sheet with the Norwegian company AquaCon AS for a potential supply of equipment, engineering and design to a new land based grow-out facility of 15,000 metric ton HOG salmon on Eastern Shore, Maryland, USA. The final contract, if awarded, is expected…
Read MoreMowi begins world first sea lice trials
Mowi is the first aquaculture company in Scotland to trial an innovative new sea lice avoidance system developed by AKVA group. Mowi Scotland’s farm at Port na Cro (Argyll and Bute) is the first farm in the UK to install new and innovative technology specifically designed to proactively avoid a tiny fish parasite that is…
Read MoreAKVA Group reports \’stable\’ Q1 outlook
The AKVA Group declared a ‘stable’ outlook in its Q1 results for 2020, which have just been published. The group delivered revenue for Q1 of 752 MNOK (about £57 Million), down 12% from Q1 2019. EBITDA decreased from 97 MNOK in Q1 2019 to 86 MNOK in Q1 2020. The Net Profit decreased from 36…
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