Leroy sees Q1 profits increase

LERØY Seafood, co-owners of Scottish Sea Farms operations, today reported a substantial increase in revenues and operational profits for the first quarter of this year. Income was up from 4,746 million kroner (£381-million) in Q1 2019 to NOK 5,305 million (£426m)million this time, while the operating profit before fair value adjustment related to biological assets…

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Scottish Sea Farms ‘satisfactory’ in Q1

LERØY Seafood yesterday reported a ‘satisfactory result’ from its Scottish Sea Farms operations, which is shares with fellow Norwegian salmon giants SalMar, during the first quarter of this year. But as with the rest of the group, UK revenues were down during the quarter due to lower harvests. They emerged at NOK 405 million compared…

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