File photo of processing at Bakkafrost's facility in Glyvrar in the Faroes. Bakkafrost Faroes increased production by 6,100 gwt.

Bakkafrost harvested 24% more volume in Q1 this year

Production up in the Faroes and level in Scotland

Published

Salmon farmer Bakkafrost harvested 31,300 gutted weight tonnes in the first quarter of this year, it announced in a trading update today. That's an increase of 24%.

Bakkafrost harvested 25,100 gwt in the Faroes, up from 19,000 gwt in the same period last year. Bakkafrost Scotland harvested 6,200 gwt in Scotland, the same as in Q1 2025.

The average harvest weight was 5.8 kilos in the Faroes, and 6.4 kilos in Scotland.

Bakkafrost Scotland had incident-based mortality costs of DKK 2 million (£233,500), down from DKK 8m in Q1 2025. There were no mortality costs in the Faroes.

More smolts

The Faroes operation stocked 3.9 million smolts in marine sites in the quarter, up from 3.2m in Q1 2025. Bakkafrost Scotland stocked 1 million smolts, up from 600,000 in the same period last year. The Scottish freshwater operation reported incident-based mortality costs of DKK 15m (£1.75m).

Bakkafrost’s fishmeal, oil, and feed division sourced 51,000 tonnes of marine raw material in Q1, and sold 35,400 tonnes of feed and 1,200 tonnes of fishmeal.

The company’s full Q1 2026 report will be released on May 19.