SSC boost for Bakkafrost
The Scottish Salmon Company (SSC) looks set to produce 10,500 tones of salmon during the third quarter of this, its new owner Bakkafrost says. That is almost as much as […] Continue Reading
Bakkafrost cites ‘covid uncertainty’ as dividend pulled.
Despite an equity ratio of 69 per cent, Bakkafrost has decided to forgo paying a dividend for 2019 because of the continued uncertainty surrounding Covid-19. The Faroese fish farming group […] Continue Reading
Bakkafrost reports ‘positive Q2’ despite EBIT drop
The Bakkafrost Group today reported a positive performance from all of its activities during the second quarter of this year despite the financial impact of Covid-19 – with the Scottish […] Continue Reading
Bakkafrost chief to co-head Global Salmon Initiative
BAKKAFROST chief executive Regin Jacobsen is to become co-chairman of the Global Salmon Initiative, working alongside Gerardo Balbontin, head of the Chilean aquaculture and fishing company Blumar Seafoods. The announcement […] Continue Reading
Bakkafrost reports strong Q2 harvest
FOLLOWING a difficult start to the year Bakkafrost, the Faroese and now Scottish salmon farming business, is forecasting a strong recovery in the second quarter (March to June) of 2019. […] Continue Reading
Bakkafrost orders new wellboat
BAKKAFROST has ordered a new carbon friendly wellboat with a capacity to hold 1,000 tonnes of salmon. The Faroe Islands fish farmer says the investment is part of the company’s […] Continue Reading
Bakkafrost reports Q1 loss despite SSC earnings boost
THE Scottish Salmon Company (SSC) helped Bakkafrost, its new owner, deliver a first quarter EBIT (earnings before interest and tax) of 248.1 million Danish kroner (£29-million) during the first three […] Continue Reading
Bakkafrost saves unique salmon strain from extinction
BAKKAFROST has revealed it is working to save a strain of North Atlantic salmon unique to the Faroe Islands that was in danger of becoming extinct, in a move that […] Continue Reading
Bakkafrost Q1 harvest down by almost quarter
BAKKAFROST has announced that its first quarter harvest volumes from its Faroe Islands salmon operations will be down almost a quarter this year. The figure (head on, gutted) is set at 10,700 tonnes, compared […] Continue Reading