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News

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

News

Bakkafrost in deal to buy service vessel

Bakkafrost has purchased a farming service vessel as part of its value chain investment programme to develop farming operations in Scotland and strengthen biological performance. The Faroese fish farmer said […] Continue Reading

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Bakkafrost shareholders to get £25m in dividends

Faroese fish farmer Bakkafrost is paying its shareholders around £25m in dividends for 2020. The decision was reached at the company’s annual meeting last week and the dividend is expected […] Continue Reading

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Bakkafrost reports year on year rise in output for Q1

Faroese salmon farmer Bakkafrost is forecasting a 17% higher total harvest for the first three months of this year. In a Q1 trading update, the group said output for both […] Continue Reading

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Bakkafrost vows to invest in Scotland

Faroes-based salmon farmer Bakkafrost has underlined its commitment to invest substantially in the Scottish Salmon Company (SSC). Bakkafrost has also indicated it will be looking at offshore sites in the […] Continue Reading

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Undersea cable to help curb emissions

Faroese salmon farming company Bakkafrost has completed the installation of an undersea cable to one of its more remote sites which should eventually lead to a 50% reduction in CO2 […] Continue Reading

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Bakkafrost reports Q4 loss for the group’s Scottish arm

Salmon farmer Bakkafrost has reported that its Scottish operations have been challenging, producing a loss in the final three months of 2020 for the Scottish Salmon Company (SSC), which it […] Continue Reading

News

Bakkafrost commissions all-electric workboat

The Faroese salmon farming company Bakkafrost has commissioned a fully electric workboat as part of its mission to reduce the group’s carbon footprint. The groundbreaking contract with the MEST shipyard, […] Continue Reading

News

Scottish Salmon Company harvest up for Q4 2020

The Scottish Salmon Company delivered an increased harvest during the final quarter of 2020, its owner, the Bakkafrost group, has disclosed in a Q4 trading update. The Faroe Islands salmon […] Continue Reading

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