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Scotland a strong performer as Mowi earnings jump 24%

Scotland a strong performer as Mowi earnings jump 24%

Mowi has reported a 24% year-on-year increase in first-quarter earnings for 2019, with operational EBIT rising to €196 million compared to €158m in the same period last year.

Bigger harvest compensates Bakkafrost for lower prices

Bigger harvest compensates Bakkafrost for lower prices

The Faroes’ biggest salmon farmer, Bakkafrost, made an operational EBIT of DKK 268 million (£30.7m) in the first quarter of this year – exactly the same as in Q1 2018.

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Bakkafrost Q1 harvest up by 1,500 tonnes year on year

Bakkafrost Q1 harvest up by 1,500 tonnes year on year

The Faroe Islands’ biggest fish farmer, Bakkafrost, harvested 13,700 tonnes of salmon (head on gutted) in the first quarter of 2019, it said in a market update today.

Bakkafrost doubles smolt size for 2019

Bakkafrost doubles smolt size for 2019

Faroese salmon farmer Bakkafrost expects to double the size of the smolts it puts to sea this year to 400 grams.

Russian ban and flat spot prices hit Bakkafrost in Q4

Russian ban and flat spot prices hit Bakkafrost in Q4

Faroese salmon farmer Bakkafrost has reported a fall in sales revenue, operational EBIT and EBIT per kilo in the last quarter of 2018, compared to the same period in 2017. Full-year figures were also lower than in 2017.

Bakkafrost finance chief resigns

Bakkafrost finance chief resigns

Gunnar Nielsen, chief financial officer of the Faroes’ biggest salmon farmer, Bakkafrost, has handed in his resignation, the company said in a market statement last night.

Bakkafrost upgrades 2019 harvest guidance

Bakkafrost upgrades 2019 harvest guidance

The Faroe Islands’ largest salmon farmer, Bakkafrost, today announced that it had upgraded its 2019 harvest guidance by an extra 1,500 tonnes.

Scotland replaced by Faroes as sea lice conference host

Scotland replaced by Faroes as sea lice conference host

The organisers of the 13th International Sea Lice Conference due to be held in 2020 have announced that it will now be held in the Faroe Islands instead of Scotland.

Faroese farmer thinking bigger with 650g smolts

Faroese farmer thinking bigger with 650g smolts

Faroese salmon farmer HiddenFjord has reached a milestone for the company by putting out smolts with an average size of 650 grams – although some have been as large as 1.4 kilograms.

Bakkafrost harvests 7,200 tonnes in Q3

Bakkafrost harvests 7,200 tonnes in Q3

Bakkafrost, the largest salmon farmer in the Faroe Islands, harvested 6,200 tonnes in its Farming North segment and 1,000 tonnes in its Farming West segment in the third quarter of this year, it said in a market update.

Bakkafrost harvests 12,900 tonnes in Q2

Bakkafrost harvests 12,900 tonnes in Q2

Bakkafrost, the biggest of the three salmon farmers operating in the Faroes, harvested 12,900 tonnes in the second quarter of 2018, the company said in a trading update today.

Bakkafrost earnings up 43% after 'eventful' Q1

Bakkafrost earnings up 43% after 'eventful' Q1

An “eventful” first quarter of 2017 saw salmon producer Bakkafrost Group’s farming segment deliver an operational EBIT of DKK 373.2 million (£43 million) – up 43 per cent on Q1 in 2016.