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
SalMar-NRS deal on brink of completion
SalMar’s takeover of Norway Royal Salmon will be completed by close of trading on the Oslo Stock Exchange today, the company says. In a message to the Bors, SalMar stated: […] Continue Reading
Mowi poised to take control of Arctic Fish
Mowi is set to take a majority stake in the Icelandic salmon breeder Arctic Fish. It is Mowi’s first significant move into aquaculture in Iceland. Mowi recently warned that the […] Continue Reading
SalMar names Steinvik as new CFO
SalMar has appointed Ulrik Steinvik as the company’s new Chief Financial Officer (CFO). His predecessor, Gunnar Nielsen, resigned as CFO in September. It is the second major announcement from SalMar […] Continue Reading
SalMar’s CEO quits after five months
Linda Litlekalsøy Aase has resigned as CEO of salmon giant SalMar after just five months in the post. Aase, who took over from SalMar founder Gustav Witzøe in May, has […] Continue Reading
Icelandic salmon farm wins ASC certification
Icelandic salmon farmer Arnarlax has received Aquaculture Stewardship Council (ASC) approval for its Foss site in Arnarfjörður. ASC is one of the strictest environmental certifications for aquaculture and was developed […] Continue Reading
Iceland to investigate salmon merger
Iceland’s competition authority is to investigate a proposed merger between two of the country’s largest salmon farmers. Both Arnarlax and Arctic Fish are Norwegian-owned, being owned by SalMar and Norway […] Continue Reading
Scottish Sea Farms Q2 profit jumps by £7m
Scottish Sea Farms generated an operational profit or EBIT of almost £17m (NOK 190m) during the April to June 2022 second quarter period. This compared with an EBIT of £10.4m […] Continue Reading
Green light for SalMar offshore project
The Norwegian Food Safety Authority has cleared the way for SalMar Aker Ocean to place a giant offshore fish farm in the Norwegian Sea. The approval includes permission for just […] Continue Reading