The fish farming and fishing company said production for the most northerly of its three Norwegian regions, Lerøy Aurora, was impacted by more winter wounds than normal, which had a negative impact on price achievement.
Production in other regions met expectations, and the group is maintaining to its guidance for harvest volume of between 183,000 and 188,000 tonnes for 2020.
The production split was:
- Lerøy Aurora 8,500 gwt (Q1 2019 4,900 gwt)
- Lerøy Midt 14,500 gwt (12,300 gwt)
- Lerøy Sjøtroll 16,300 gwt (15,100 gwt)
The company said its value chain for seafood is managing the challenging situation caused by the Covid-19 epidemic in a satisfactory manner.
Higher distribution cost
“Lerøy’s production units in farming, fisheries, and processing will through the downstream sales and distribution units do its outmost to ensure that our customers continue to experience a satisfactory level of service,” it said.
“Government in different countries have adopted necessary restrictions. Until such restrictions are removed, it should be expected higher cost in connection with sales and distribution.”
Lerøy and another Norwegian salmon farmer, SalMar, jointly own Scottish Sea Farms but Lerøy share of SSF’s production is not counted in its production figures.