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Barramundi Group buoyed by demand despite H1 loss

Barramundi Group buoyed by demand despite H1 loss

The Barramundi Group, which grows barramundi (Asian sea bass) in sea pens in Australia, Singapore and Brunei, has reported an encouraging sales increase despite making a net loss before tax of just over 6 million Singapore dollars (S$) - £3.3m - in the first half of 2021.

Huon posts A$128m loss

Huon posts A$128m loss

Tasmanian salmon farmer Huon Aquaculture made a statutory loss of A$128 million (£67.6m) for the 12 months ended 30 June 2021, it announced overnight.

Brazilian meat giant JBA to buy Huon Aquaculture

Brazilian meat giant JBA to buy Huon Aquaculture

Cash-strapped Tasmanian salmon producer Huon Aquaculture is to be sold to the Australian subsidiary of Brazilian meat giant JBS SA in a deal that values the fish farmer at A$425 million (£226m).

Brazilian meat giant linked to Huon takeover

Brazilian meat giant linked to Huon takeover

Cash-strapped Tasmanian salmon farmer Huon Aquaculture might be bought by Brazilian meat processor JBS, according to Australian media reports.

Huon opens its books to potential buyers

Huon opens its books to potential buyers

Cash-strapped Huon Aquaculture has opened its books to potential buyers so they can carry out due diligence on the company, the Tasmanian salmon farmer said in a market update today.

Huon launches strategic review after corporate offers

Huon launches strategic review after corporate offers

Cash-strapped Tasmanian salmon farmer Huon Aquaculture is considering a sale after receiving approaches from potential strategic partners and investors.

Huon warns of ‘substantially lower’ earnings

Huon warns of ‘substantially lower’ earnings

Tasmanian salmon farmer Huon Aquaculture has warned that operating profit for its 2021 financial year (FY2021) will be substantially lower than the AU$47.3 million achieved the year before.

Five charged over alleged £2.3m salmon thefts at Huon processing plant

Five charged over alleged £2.3m salmon thefts at Huon processing plant

Five people employed by Tasmanian salmon farmer Huon Aquaculture have been charged over their alleged roles in the theft of up to 250 tonnes of salmon with a retail value of more than AU$4 million (£2.3m) from a processing plant in south-west Sydney.

Huon extends retail reach throughout Australia

Huon extends retail reach throughout Australia

Tasmanian farmer Huon has increased its presence in the retail market following by supplying Australian grocery chain Woolworths with a new range of RSPCA-approved frozen salmon.

Aussie store chain stocks RSPCA-approved salmon

Aussie store chain stocks RSPCA-approved salmon

Australian supermarket chain Coles has begun selling RSPCA-approved salmon produced by Tasmanian fish farmer Huon Aquaculture.

Breeding project Xelects ‘climate proof’ fish

Breeding project Xelects ‘climate proof’ fish

Scottish genetics company Xelect and Tasmanian fish farmer Petuna have bred a temperature tolerant salmon to improve performance in Australia’s warming waters.

Feed maker bids to take the heat off salmon

Feed maker bids to take the heat off salmon

A major project looking at the use of nutrition to increase the resilience of farmed salmon at times of increased temperatures will begin this month in Australia.

Huon will be Aussie No.1 in coming year says co-founder

Huon will be Aussie No.1 in coming year says co-founder

Huon Aquaculture will be the number one salmon farmer in Australia in the coming year, co-founder Frances Bender has said.

Huon completes A$64m share sale

Huon completes A$64m share sale

Cash-strapped Tasmanian salmon farmer Huon Aquaculture Group has raised A$64 million by selling approximately 21.3 million new shares at a price of A$3.00 each.

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