Posts Tagged ‘Leroy Group’
Grieg could raise up to £125m from Shetland sale, analysts say
The sale of Grieg Shetland could net the parent company up to £125 million, analysts in Oslo are predicting. They put the price on Grieg Seafood’s Scottish operations at between a billion and 1.5 billion kroner – and possibly more if there is a bidding war. Danske Bank Markets analyst Ivar Bakken said Norskott Havbruk…
Read MoreFour fish farmers recognised in latest global sustainability index top 10
Four companies in the aquaculture sector have made it to the top 10 of an independent global index of sustainable food producers. The Coller FAIRR Protein Producer Index is based on an analysis of 60 of the world’s largest animal protein producers, ranking them on a number of factors including greenhouse gas emissions, water use,…
Read MoreSalMar and Leroy report lower harvests
SalMar and Lerøy Seafoods, two of Norway’s largest salmon farming companies, are reporting lower harvests for the third quarter of this year. In a trading update Lerøy said it slaughtered 44,200 tonnes of salmon and trout in three months between July and September, compared with 46,000 tonnes in the same period last year, the company…
Read MoreCovid impacts Leroy Q2 profits
The Lerøy Seafood Group, co-owners of Scottish Sea Farms, today reported a significant drop in profits due almost entirely to the Covid-19 pandemic during the second quarter of this year. Q2 Revenues fell from NOK 5,340 million to NOK 4,712 million (£403 million), while the operating profit before fair value adjustment related to biological assets…
Read MoreSalmar announces \’best ever\’ Q1 results
EFFORTS to deal with long standing biological problems at Scottish Sea Farms negatively impacted on its performance at the start of this year, Norwegian salmon giant SalMar reports with its 2020 Q1 results today. The company has a 50 per cent stake in the UK-based operation which it calls Norskott Havbruk and which it shares…
Read MoreSalmar announces \’best ever\’ Q1 results
EFFORTS to deal with long standing biological problems at Scottish Sea Farms negatively impacted on its performance at the start of this year, Norwegian salmon giant SalMar reports with its 2020 Q1 results today. The company has a 50 per cent stake in the UK-based operation which it calls Norskott Havbruk and which it shares…
Read MoreLeroy 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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