SalMar delivers bumper Q3 results
SalMar today announced a strong third quarter performance with an operational EBIT or profit of NOK 1.313 billion (£110m), resulting in an operational EBIT per kg of NOK 24.51. This […] Continue Reading
Scottish Sea Farms helps SalMar to profit in Q1
SalMar today became the latest fish farming company to report increased first quarter operating profits on the back of soaring salmon prices. The salmon giant, which is part owner of […] Continue Reading
SalMar posts higher Q4 profits, but Scotland disappoints
Salmon giant SalMar has announced a final quarter operating profit of NOK 890m (£74m) – more than double the 2020 Q4 figure of NOK 414m (£34.5m). There were excellent results […] Continue Reading
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 […] Continue Reading
SalMar reports profits up for Q3 2020
Fish farming giant SalMar has delivered exceptionally strong third quarter results, with a better than anticipated performance from its associate business Scottish Sea Farms, in which it has a 50 […] Continue Reading
Salmon farmer plans first ocean farm for Scotland
A NORWEGIAN style ocean farm capable of holding 1.25 million fish could be sited off the coast of Scotland if one of the country’s leading farmers receives approval for its […] Continue Reading
New role for Scottish Sea Farms’ pioneer
LEADING salmon sector figure John Rea, Scottish Sea Farms’ long-standing production director, is to leave the company to focus on a new career in coaching and training. Rea, who has […] Continue Reading