SSF serves up profit for SalMar
Following losses at the start of the year, Scottish Sea Farms (SSF) produced a modest second quarter profit for salmon farming giant SalMar, the Norwegian company has revealed in its […] Continue Reading
Bakkafrost cites ‘covid uncertainty’ as dividend pulled.
Despite an equity ratio of 69 per cent, Bakkafrost has decided to forgo paying a dividend for 2019 because of the continued uncertainty surrounding Covid-19. The Faroese fish farming group […] Continue Reading
Mowi drops dividend and reduces headcount
Mowi has unveiled plans to reduce its headcount by ten per cent as Covid-19 continues to take a toll on financial performance. And it is not paying a dividend for […] Continue Reading
NRS reports Q2 EBIT increase
Norway Royal Salmon (NRS) today announced an increased operational EBIT (earnings before interest and tax) of 120 million Norwegian kroner (NOK) (£10.2 million) during the second quarter of this year. […] Continue Reading
Bakkafrost reports ‘positive Q2’ despite EBIT drop
The Bakkafrost Group today reported a positive performance from all of its activities during the second quarter of this year despite the financial impact of Covid-19 – with the Scottish […] Continue Reading
Austevoll Q2 results impacted by covid
Austevoll Seafood has become the latest company to report a Covid-19 hit on its 2020 second quarter performance due to lower margins from trout and Atlantic salmon, including Scottish Sea […] Continue Reading
Covid 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. […] Continue Reading
Grieg ‘winning biological battle’ on Shetland
Grieg Seafood is continuing to get on top of its long running biological problems on Shetland, the company said in its 2020 second quarter results published today. Shetland harvest volumes […] Continue Reading
‘Best ever’ half year results for BioMar
Today the second quarter report for BioMar has been released by its parent company, Schouw & Co. The report underlines the sustainable growth of BioMar as increased volumes and revenue […] Continue Reading