Strong Q2 performance from SalMar

SALMAR today became the latest Norwegian salmon farming company to report solid results for the second quarter of 2018, with revenues of 2.9 billion NOK, broadly in line with the same period last year. The overall EBIT or operating profit was NOK 878.6 million, compared to NOK 983 million in Q2 2017. The company, which…

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Iceland farmer seeks cause of net breach

ICELAND’S largest fish farming company has been working this week to limit the damage from what could have been a potentially serious net pen failure in the north west of the country. However, the company, Arnarlax, appears to have contained the damage and while it is not known how many fish – if any –…

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SalMar ends 2017 with Q4 high

SALMAR, one of the world\’s largest salmon farming companies, announced impressive results for the fourth quarter of 2017, with a group operating profit (EBIT) of NOK 707.2 million, up from NOK 557 million for the same period in 2016. Yesterday’s announcement follows an equally strong performance for the third quarter of last year when the EBIT…

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