Grieg Seafood reports financial loss for Q1
Grieg Seafood said today that the sale of its Shetland business is continuing and going to plan. The company made the disclosure as it unveiled its first quarter results, which […] Continue Reading
Grieg needs more capital, analyst says
Grieg Seafood has taken a buffeting from the financial commentators in Norway over the last few days, with one warning that the company risks running out of cash within the […] Continue Reading
Scottish Sea Farms set to upgrade Shetland sites
Scottish Sea Farms is investing nearly £2m to upgrade and improve its Shetland farm infrastructure. The company says the investment will better equip its farm team to improve fish welfare […] Continue Reading
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
Grieg set to quit Shetland
Grieg Seafood is set to pull out of Shetland, the company said in a shock announcement today. Publishing its third quarter results, in which it announced a loss, the company […] Continue Reading
Industry pays tribute to Tavish as he bows out of politics
THE Scottish salmon industry has paid tribute to one of its staunchest champions, Tavish Scott, as he stands down from frontline politics. The former Liberal Democrat leader and MSP for […] Continue Reading
SSF profits drop but Orkney performs well
SALMON farming giant SalMar has reported reduced revenues and profits from its Scottish Sea Farms operations in the first quarter of 2019, the group’s latest figures show today. Q1 revenues […] Continue Reading
Grieg catching up with big players
GRIEG Seafood is no longer swimming in the shadow of the big salmon farming players on financial markets, a leading industry observer has suggested. Tore Tønseth, a seafood analyst at […] Continue Reading
Signs of progress at Grieg in Shetland
GRIEG Seafood is continuing to battle with biological and other problems at its Shetland operations, but there are signs of progress, the group’s impressive 2019 first quarter figures show today. […] Continue Reading