SSF's Bring Head site, Orkney, is among those that have received larger pens as part of the company's site reorganisation that will enable it to grow more fish.

Scottish Sea Farms harvested higher volume but made less money in Q1

Editorial team
Published

Salmon producer Scottish Sea Farms (SSF) increased its harvest volume and revenue in the first quarter of 2025 compared to the same period last year, but saw its operating profit fall by 44%, from NOK 138 million (£10m) to NOK 77m (£5.6m).

The figures are included in the Q1 2025 report and presentation by Lerøy Seafood Group, which co-owns SSF 50-50 with fellow Norwegian salmon farmer SalMar.

SSF’s Q1 harvest volume was 8,414 gutted weight tonnes (Q1 2024: 7,297 gwt), and revenues amounted to NOK 900m (NOK 848m).

Operational EBIT per kilo came to NOK 9.2 (NOK 18.9).

Good harvest weights

SSF is reported to have had good harvest weights in the quarter, and strong biological development, with the next generation of fish performing well.

There was a significant year-on-year decrease in price realisation.

Lerøy said SSF’s 2025 volume, guided at 32,000 gwt, is impacted by the company’s reorganisation of its site structure, and that SSF’s long-term potential is significantly higher.

Scottish Sea Farms harvested a larger volume of salmon in Q1 but operating profit fell by 44% to NOK 77m (£5.6m) during a period of lower prices.
scottish sea farms salmon farming salmar q1 2025 news lerøy seafood group