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News

Norway Royal Salmon Q2 profit lower than expected

Norway Royal Salmon, currently the subject of two takeover bids from larger rivals, today posted a lower than expected second quarter operating profit of NOK 94m (£7.6m). The corresponding figure […] Continue Reading

News

Salmar makes offer for Norway Royal Salmon

Fish farming giant SalMar has today stepped in with a dramatic late bid for Norway Royal Salmon. It has offered to buy all outstanding shares in NRS for NOK 270 […] Continue Reading

News

Krüger Kaldnes hooks up with Pure Salmon

Investment firm 8F has acquired the aquaculture division of Krüger Kaldnes from water services giant Veolia. Krüger Kaldnes’ RAS operations will be merged with 8F’s land-based aquaculture business Pure Salmon […] Continue Reading

News

SalMar raises £230m in a few hours

SalMar raised a NOK equivalent of more than £230m in Oslo last night – in almost record time. Shortly after closure of the Stock Exchange yesterday afternoon it announced plans […] Continue Reading

News

SalMar says Ocean Farm has been a success

Strong growth from SalMar’s first offshore giant, Ocean Farm 1, has been the main driver for further expansion using this method of salmon farming, one of the company’s leading executives […] Continue Reading

News

SalMar reports ‘satisfactory’ Q4 although profits are down

Salmon farming giant SalMar today announced a “satisfactory” final quarter operational EBIT or profit of NOK 413.8m (£35m) . The figure is down 37% on the 2019 Q4 EBIT of […] Continue Reading

News

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

Uncategorised

SalMar and Leroy report lower harvests

SalMar and Lerøy Seafoods, two of Norway’s largest salmon farming companies, are reporting lower harvests for the third quarter of this year. In a trading update Lerøy said it slaughtered […] Continue Reading

News

Iceland’s largest salmon farmer posts €16m loss

ICELAND’S largest salmon farming company, Arnarlax, in which Norway’s SalMar has a majority stake, posted a loss of 16 million euros for last year, several times the figure for 2017. […] Continue Reading

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