Posts Tagged ‘Norway Royal Salmon’
Iceland fish farming up 38 per cent
FISH farming production in Iceland has increased by 38 per cent during the past 12 months. The annual figure is now 27,776 tonnes and that is expected to grow significantly over the new two to three years. The Icelandic Food Administration says salmon and trout remain the two largest species. Salmon production increased by a…
Read MoreNorway Royal Salmon Q1 earnings down
NORWAY Royal Salmon (NRS) has become the third major aquaculture company in recent days, after Bakkafrost and Lerøy, to report a drop in 2018 first quarter earnings and profits resulting from lower salmon prices. The company announced an operational EBIT (operating profit) of NOK 193 million against NOK 205 million for Q1 2017. The EBIT per kg…
Read MoreGo ahead for joint offshore farm
TWO of Norway\’s leading salmon farming companies have been given the go ahead to expand their activities in the northern area of the country. The Directorate of Fisheries has granted a number of offshore development permits to Norway Royal Salmon and Aker, which are collaborating on a joint project in the Troms area of Finnmark. The development, which…
Read MoreISA hits Norway Royal Salmon Q4
AN outbreak of infectious salmon anaemia in November has proved costly for Norway Royal Salmon, denting its final quarter results for 2017. Figures today show that Q4 operational EBIT (earnings before interest and tax) or gross profit was 95million kroners compared with NOK 101 million a year ago. The earnings per kilogramme were NOK 15.51 compared with NOK 26.83 in…
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