Posts Tagged ‘Regin Jacobsen’
Bakkafrost orders new wellboat
BAKKAFROST has ordered a new carbon friendly wellboat with a capacity to hold 1,000 tonnes of salmon. The Faroe Islands fish farmer says the investment is part of the company’s strategy to produce large quantities of sustainably farmed fish. Designed by the leading Danish company Knud E, Hansen and to be built at the Sefine…
Read MoreBakkafrost reports Q1 loss despite SSC earnings boost
THE Scottish Salmon Company (SSC) helped Bakkafrost, its new owner, deliver a first quarter EBIT (earnings before interest and tax) of 248.1 million Danish kroner (£29-million) during the first three months of this year in what it describes as a \’challenging period due to Covid-19\’. The Faroese salmon farming company acquired SSC in a £500-million…
Read MoreBakkafrost delivers strong Q3 results
FAROESE fish farmer Bakkafrost today announced strong third quarter results and some of the lowest mortality rates for many years. Harvested volumes rose by more than 5,000 tonnes to a total of 12,900 tonnes and the combined farming and VAP (value added products) segment saw its operational profit or EBIT rise from DKK 142.4 million…
Read MoreBakkafrost buys larger stake in SSC
BAKKAFROST yesterday completed the acquisition of more shares in the Scottish Salmon Company, taking its holding to almost 78 per cent. The Faroese salmon farming company bought a 68.6 per cent controlling interest in the Edinburgh based business last month in a deal eventually worth a total of £517 million. CEO Regin Jacobsen later said…
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