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 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 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 loses up to 130,000 fish in second escape in 9 days Between 120,000 and 130,000 salmon have escaped from a cage at a farm run by Tasmanian salmon farmer Huon Aquaculture.
Endangered kelp thriving next to salmon pens Giant kelp spores planted on ropes adjacent to salmon pens in Tasmania have grown much faster than spores planted elsewhere.
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 Scottish genetics company Xelect and Tasmanian fish farmer Petuna have bred a temperature tolerant salmon to improve performance in Australia’s warming waters.
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 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.
Huon seeks to raise A$68m as profit falls and debt rises Tasmanian fish farmer Huon Aquaculture Group has announced a fully underwritten share placement of A$64 million (£35.14m) to reduce net debt and strengthen the company’s balance sheet and liquidity position after earnings were hit by Covid-19’s impact on sales.
Modern marvel: Huon adds the Hulk to barge line-up Tasmanian salmon farmer Huon Aquaculture has taken delivery of a new feed barge, named the Hulk. The 600-tonne barge and its stablemate, the Hogan, are the largest in the southern hemisphere.
BioMar starts Australia feed plant on time and on budget Danish aquafeed supplier BioMar has begun production at its €40 million fish feed plant in Tasmania, Australia.
Bubble curtain company on the rise A company that supplies Chilean salmon farmers with aeration equipment that prevents stock damage by algae and jellyfish is spreading its wings to other fish farming countries.
Huon withdraws earnings guidance due to Covid-19 disruption Tasmanian salmon farmer Huon Aquaculture has withdrawn its guidance for operating performance and earnings for its 2020 financial year because of the ongoing impact of Covid-19 disruptions.
