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News

SalMar’s Q1 figures show strong performance

Scottish Sea Farms generated higher revenues and turned loss into profit for the Norwegian salmon giant SalMar during the first quarter of this year, figures show today. SalMar, which announced […] Continue Reading

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Nordhammer in line for chair’s role at SalMar

Leif Inge Nordhammer is set to become the next Chairman of fish farming giant SalMar, subject to a shareholders’ vote at the company’s annual general meeting in June. Nordhammer is […] Continue Reading

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SalMar green bond issue raises NOK 3.5bn

Fish farming giant SalMar has raised 3.5 billion kroner (£300m) in a new green funding loan – almost a third more than originally planned. The company said the unsecured green […] Continue Reading

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SalMar Q1 production falls in Norway and Iceland

Norwegian salmon farmer SalMar harvested 36,900 gutted weight tonnes of salmon in Norway and Iceland in the first quarter of this year, the company reports. SalMar’s market update for Q1 […] Continue Reading

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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

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Scottish Sea Farms smiling again

Scottish Sea Farms enjoyed a far better year in 2020, producing an operating profit of NOK 308m (£26m), up from NOK 292m (£24.6m) in 2019, the company’s accounts show. Revenues […] Continue Reading

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SalMar picks Krüger Kaldnes for Tjuin hatchery

Norwegian salmon giant SalMar is teaming up with recirculating aquaculture systems (RAS) specialist Krüger Kaldnes to build what will be the world’s biggest smolt hatchery. The Tjuin land-based hatchery in […] Continue Reading

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SalMar reports increased harvest volumes

Norwegian Salmon farming giant SalMar last night unveiled a 3,000 tonne plus increase in its harvest figures for the final quarter of 2020. The total figure is 43,600 tonnes for […] Continue Reading

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Grieg could raise up to £125m from Shetland sale, analysts say

The sale of Grieg Shetland could net the parent company up to £125 million, analysts in Oslo are predicting. They put the price on Grieg Seafood’s Scottish operations at between […] Continue Reading

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