Marine Harvest’s 2Q harvest tops projection


SeafoodSource staff

Published on
July 11, 2012

Marine Harvest’s operating earnings before interest and taxes (EBIT) came in at NOK 225 million in the second quarter of 2012, compared to NOK 894 million in the same period last year, the world’s largest salmon farmer announced on Thursday.

In anticipation of its full second quarter results, due for release on 19 July, Marine Harvest also announced its second-quarter production figures on Thursday.

The company harvested 99,000 metric tons of salmon (head-on, gutted) in the second quarter of 2012, up 4,000 metric tons from its projection. That’s also up from 80,000 metric tons in same period last year and from 97,000 metric tons in the first quarter of 2012.

Marine Harvest Norway represented for the vast majority of the harvest at 64,000 metric tons, followed by Canada and Scotland at 11,000 metric tons each and Chile at 9,000 metric tons. For Chile, that’s an 8,000-metric-ton increase from the same period in 2011.

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