SSF profits drop but Orkney performs well

By Jenny Hjul | May 22, 2019

SALMON farming giant SalMar has reported reduced revenues and profits from its Scottish Sea Farms operations in the first quarter of 2019, the group’s latest figures show today. Q1 revenues fell from NOK 519 million (£46.6 million) in 2018 to NOK 405 million (£36.3 million) this year, while pre-tax profits dropped from NOK 178 million…

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Signs of progress at Grieg in Shetland

By Jenny Hjul | May 15, 2019 |

GRIEG Seafood is continuing to battle with biological and other problems at its Shetland operations, but there are signs of progress, the group’s impressive 2019 first quarter figures show today. Shetland harvest volumes increased by 49 per cent from Q1 2018 to 1,788 tonnes, and revenues rose by 41 per cent from NOK 86.8 million…

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