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News

Lerøy profits up, but CEO warns of rising costs

Lerøy Seafood today became the latest fish farming business to report near double first quarter operating profits on the back of rising salmon prices. The group, which has a half share […] Continue Reading

News

Competition body clears takeover of Grieg’s UK assets

The UK’s Competition and Markets Authority (CMA) has cleared Scottish Sea Farms’ bid to acquire Grieg Seafood Hjaltland UK, paving the way for the takeover of Grieg’s Scottish assets. In […] Continue Reading

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Mowi tops sustainable producer list for third year

Mowi has been ranked the most sustainable animal protein producer for the third year in a row by the Coller FAIRR Protein Producer Index. The report, now in its fourth […] Continue Reading

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Lerøy reports big rise in earnings and profits

Lerøy Seafood, the combined fish farming, processing and conventional trawling group, today reported appreciably higher third quarter earnings and operating profits. Revenue rose from NOK 4,773bn (£415m) last year  to […] Continue Reading

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Lower Q2 harvests for SalMar and Lerøy

Lerøy Seafood and SalMar have reported lower harvest volumes for the second quarter of this year. The two companies, which have just issued their Q2 trading updates to the Oslo […] Continue Reading

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Lerøy hit by suspected ISA outbreaks

Lerøy Seafood has become the latest big company to face the threat of Infectious Salmon Anaemia. A suspected outbreak of ISA has been reported at Lerøy’s relatively new site at Djupestallen […] Continue Reading

News

Investment banks welcome Grieg’s Shetland sale

One of Scandinavia’s leading investment banks has described the Scottish Sea Farms/Grieg Shetland deal as good news for both parties. SalMar and Lerøy, co-owners of SSF, announced on Tuesday that […] Continue Reading

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Scottish Sea Farms nets Grieg’s Shetland assets

Scottish Sea Farms is to become the new owner of Grieg Seafood’s Shetland operations, it was confirmed last night. The sale is worth NOK 1.9 billion or £164m, appreciably higher […] Continue Reading

News

Lerøy Seafood set to invest in land-based salmon farming

Lerøy Seafood is planning to move into land based salmon farming. The company published its financial results for the final quarter of 2020, showing that operating profits fell from NOK […] Continue Reading

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