SalMar Q3 earnings climb, larger volumes expected in 2023

A harvest volume of 53,600 metric tons (MT) combined with a solid operational performance led Norway-based salmon farming group SalMar ASA to deliver improved third-quarter financial results.

The company posted total operational earnings before interest and taxes (EBIT) of over NOK 1.31 billion (USD 125 million, EUR 127.6 million), up from NOK 748 million (USD 71.4 million, EUR 72.8 million) in Q3 2021.

SalMar’s Norwegian operations reported an increased operational EBIT of NOK 1.3 billion (USD…

Photo courtesy of SalMar