Lerøy Seafood Group (LSG) reported revenues in excess of NOK 6.5 billion (USD 670.8 million, EUR 676.3 million) for the second quarter of 2022, a 24 percent increase over Q2 2021. At the same time, the Bergen, Norway-based fish-farming and fishing company’s operating profit before fair-value adjustments of NOK 923 million (USD 95.3 million, EUR 96 million) was 58 percent ahead of Q2 2021.
According to LSG’s Q2 2022 report,
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Lübeck, Germany-headquartered food-processing equipment manufacturer Baader has established a holding company, Baader Global SE.
Forming the holding company offers “the ideal framework” for the company to further develop its corporate structure with various business units and subsidiaries in Germany and abroad ...
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Grieg Seafood Group (GSF) achieved operational earnings before interest and taxes (EBIT) of NOK 986 million (USD 101.4 million, EUR 101.6 million) before fair-value adjustment of biomass in Q2 2022, eclipsing the NOK 44 million (USD 4.5 million, EUR 4.5 million) the company brought in during the corresponding period of 2021.
Driven by exceptionally high salmon prices and a good biological performance, the Bergen, Norway-headquartered
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Good operations and higher salmon prices led Mowi to achieve its best quarterly results ever in Q2 2022, with record-high operational earnings and revenue.
The Bergen, Norway-headquartered producer’s second-quarter 2022 report indicated the company posted operational earnings before interest and taxes (EBIT) of EUR 320 million (USD 319.1 million), and a revenue of EUR 1.23 billion (USD 1.2 billion)
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Bakkafrost Group has posted total operating earnings before interest and taxes (EBIT) of DKK 587 million (USD 78.5 million, EUR 78.9 million) for the second quarter of 2022, up from DKK 407 million (USD 54.4 million, EUR 54.7 million) in the corresponding period of 2021.
The Faroe Islands-based Atlantic salmon farming group’s operating revenues increased to almost DKK 1.7 billion (USD 227.3 million, EUR 228.5 million) for Q2, and to DKK
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Following its first harvest round in May 2022, which totaled 960 metric tons (MT) of fish, Trondheim, Norway-based cod farmer Norcod AS harvested a total 4,380 MT of product in the second quarter of 2022.
Reporting the productivity both at sea and on land had been high throughout the quarter, Norcod said its yield of approximately 90 percent of finished product was sold through its partner company and shareholder Sirena AS. The company
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Liverpool, United Kingdom-based food and beverage group Princes has launched a roadmap toward achieving 100 percent sourcing of its U.K. Princes branded tuna from Marine Stewardship Council-certified sustainable fisheries by the end of 2025.
The roadmap features three key milestones designed to increase Princes’ sale of MSC-labeled tuna products to 25 percent of its overall tuna sales by the end of 2023, 50 percent in 2024, and
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Tilapia producer Regal Springs has become a member of the Blue Food Partnership’s multi-stakeholder Sustainable Aquaculture Working Group.
Led by the World Economic Forum’s Friends of Ocean Action platform, the initiative aims to harness the potential of sustainable aquaculture to help meet the nutritional needs of a fast-growing population in ways that fight climate change and work towards zero hunger.
“Our tilapia are at the
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Salmon Scotland has written to the two remaining candidates vying for the position of prime minister of the United Kingdom, which will be chosen by the U.K.'s Conservative Party, to underline the sector’s concerns regarding labor shortages and a potential trade war.
Salmon Scotland Chief Executive Tavish Scott wrote to Liz Truss and Rishi Sunak ahead of the Perth hustings on 16 August to urge government action to support the
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Denmark-based aquaculture feed supplier BioMar Group posted increased earnings for the second-quarter of 2022, despite higher raw material and energy prices and the ongoing impact of its suspended trade with Russia.
BioMar’s revenue for the last quarter increased by DKK 1.19 billion (USD 162.9 million, EUR 160 million) to almost DKK 4.05 billion (USD 554.3 million, EUR 544.6 million). That revenue coincided with an increase in sales
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