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Record revenues for Scottish Salmon Company

Record revenues for Scottish Salmon Company

The Scottish Salmon Company’s revenue grew 36% to a record £98.3million in the first half of 2018, compared to £72m in H1 2017, it revealed in a stock market update today.

ISA costs hurt Norway Royal Salmon's bottom line

ISA costs hurt Norway Royal Salmon's bottom line

Norway Royal Salmon (NRS) harvested more fish and made a bigger operational EBIT in the second quarter of 2018 than in the same period the year before, but profits were hit by an outbreak of ISA (infectious salmon anaemia) at one site.

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Grieg Shetland stabilises after ‘challenging’ 2017

Grieg Shetland stabilises after ‘challenging’ 2017

Grieg Seafood Shetland has blamed sea lice and algal blooms for an 11% decrease in harvest last year compared to 2016.

Profits put Loch Duart on elite list of UK companies

Profits put Loch Duart on elite list of UK companies

Sutherland and Hebrides salmon farmer Loch Duart has been placed at number 21 in the annual Sunday Times BDO Profit Track 100, and second among the eight Scottish-headquartered companies that made the list.

Profits rise for Chilean salmon farmers

Profits rise for Chilean salmon farmers

A number of Chilean salmon farmers have reported improved results for 2017.

AquaBounty year ‘very successful’ despite $9m loss

AquaBounty year ‘very successful’ despite $9m loss

AquaBounty has revealed it will be sending two further batches of its AquAdvantage transgenic salmon from its farm in Panama to Canada in 2018, following an initial sale of five tonnes of fillets last year.

Huon reports big jumps in volume and revenue

Huon reports big jumps in volume and revenue

Tasmanian salmon farmer Huon Aquaculture Group Ltd increased revenues by 28% to AU$170.5 million (£95.7m) in the second half of 2017, compared to the same period in 2016.

Record revenues for Scottish Salmon Company

Record revenues for Scottish Salmon Company

The Scottish Salmon Company (SSC) has reported record revenues of £39.9 million for the fourth quarter of 2017, driven by higher harvest volumes and strong prices.

Bakkafrost chief welcomes 'excellent' Q4 results

Bakkafrost chief welcomes 'excellent' Q4 results

Faroese salmon farmer Bakkafrost's chief executive Regin Jacobsen has welcomed the company's results for the final quarter in 2017, despite harvest volumes and operating profit being lower than in Q4 2016.

Salmar improves for fourth consecutive quarter

Salmar improves for fourth consecutive quarter

Salmar - co-owner of Scottish Sea Farms - has delivered improvement in underlying operations and reduced costs for the fourth quarter in a row. However, high levels of treatment in central Norway and rising pressure in northern Norway will affect the cost side ahead, the company says in its report for the fourth quarter of 2017.

Grieg reports lower harvests and profits for Q4

Grieg reports lower harvests and profits for Q4

Grieg Seafood has reported a fall in profits for the fourth quarter of 2017 as a result of lower market prices and reduced harvested volumes.

Marine Harvest makes €792m, reveals €50m cuts

Marine Harvest makes €792m, reveals €50m cuts

Marine Harvest has announced record operating profits €792 million for 2017, but has also warned that it must make huge savings this year.

Disease dents Norway Royal Salmon profits

Disease dents Norway Royal Salmon profits

Norway Royal Salmon's profits took a hit in the fourth quarter of last year because infectious salmon anaemia (ISA) was detected at three of its sites it its northern region.

Benchmark cuts annual losses by £11.2m

Benchmark cuts annual losses by £11.2m

An increased demand for salmon eggs helped aquaculture health, nutrition and genetics business Benchmark reduce annual losses from £18.3 million in 2016 to £7.1m last year, the UK-based company said today.

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