Posts Tagged ‘Salmon Evolution’
Brighter Q1 results from Grieg Seafood and Salmon Evolution
Two Norwegian salmon companies, Grieg Seafood and Salmon Evolution, have published encouraging 2024 first quarter trading updates. The Grieg output is up by more than 30% on a year ago and totals approximately 21,000 tonnes against 15,350 tonnes 12 months ago. The main reason for the improvement is that British Columbia is now back in…
Read MoreSalmon Evolution breaks even in Norway, faces cost problems in Korea
Norwegian land-based fish farmer Salmon Evolution has reported that its farming operations broke even for the first time, during the final quarter of last year. Q3 earnings before interest and tax (EBITDA) for Farming Norway were recorded as NOK 43,000 (just over £3,000) compared with a loss of NOK 9.4m (£706,800) in the same period…
Read MoreSalmon Evolution ends 2023 with record biomass
Land-based fish farmer Salmon Evolution recorded an all-time high biomass of more than 2,200 tonnes as 2023 drew to a close. The Norwegian company’s latest trading update also notes that last year saw record harvest volumes. As at 31 December 2023 the company had a standing biomass of more than 2,200 tonnes (LW) and had…
Read MoreSalmon Evolution biomass at new high
Land based fish farmer Salmon Evolution has passed yet another milestone with its highest ever biomass at 2,100 tonnes, up from 1,047 tonnes at 30 June. Salmon Evolution operates a hybrid flow-through facility at Indre Harøy on the Norwegian west coast. The company is targeting a production capacity of 100,000 tonnes HOG (head on gutted)…
Read MoreSalmon Evolution achieves ASC certification
Land-based fish farmer salmon Salmon Evolution ASA has achieved Aquaculture Stewardship Council (ASC) certification for its north Norwegian facility at Indre Harøy. The company described the award as a “significant achievement towards responsible and sustainable salmon production”. It says the certification was achieved after only 18 months of operation at the facility. Salmon Evolution CEO…
Read MoreLand farmer Salmon Evolution records all time high biomass
In a positive operational update, Salmon Evolution has announced it is achieving strong biological performance at its land-based farm, with good growth and normal mortality levels across all fish groups. The company’s flow-through farm is located at Indre Harøy on the Norwegian coast. Salmon Evolution has now achieved an all-time high standing biomass of around…
Read MoreBig rush to buy into Salmon Evolution
The Norwegian land based aquaculture company Salmon Evolution looks set to raise 500 million kroner – or more than £42-million – in new capital following a private placement of shares that was several times over subscribed. It was announced only a few days ago that Salmon Evolution is partnering Dongwon Industries, South Korea’s largest fishing…
Read MoreSalmon Evolution appoint new CCO
Salmon Evolution has appointed Trond Valderhaug as its new chief commercial officer (CCO) with effect from 1 October. Currently sales vice president for Asia at Mowi, he has acquired solid experience of national and international sales over almost 20 years. The appointment of Valderhaug means that Salmon Evolution is preparing to commercialise output from its…
Read MoreChanges at the top for land based salmon farmer
THE land based salmon farming company Salmon Evolution has elected a new chairman from its latest and biggest shareholder, Ronja Capital. Tore A Tønseth is investment vice president at Ronja Capital, the investment company owned by the Sølvtrans wellboat entrepreneur Roger Halsebakk. Ronja Capital bought a 19.6 per cent share in Salmon Evolution last week.…
Read MoreWellboat pioneer invests in land based
SØLVTRANS founder Roger Halsebakk has jumped on the land based salmon bandwagon, investing in Norwegian company Salmon Evolution. Halsebakk, owner of Ronja Capital, the world’s largest wellboat business, is the biggest new investor in the project, which aims to farm 36,000 tonnes of salmon using flow-through technology. Salmon Evolution announced today that it had raised…
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