Marine Harvest’s 2Q production slips

By

SeafoodSource staff

Published on
July 11, 2010

Marine Harvest ASA on Monday announced that it produced approximately 68,000 metric tons of salmon worldwide in the second quarter of 2010, compared to 84,000 metric tons during the same period in 2009.

At 48,000 metric tons, Norway led the way, followed by Canada and Scotland at 7,000 metric tons apiece. During the same period in 2009, Norway produced 49,000 metric tons, while Canada and Scotland came in at 12,000 metric tons and 9,000 metric tons, respectively.

Chile yielded only 2,000 metric tons in the second quarter of 2010, down 7,000 metric tons from the second quarter of 2009 due to the infectious salmon anemia outbreak.

In its first-quarter report, Marine Harvest said it expects to produce between 1.21 million and 1.26 million metric tons of salmon in 2010, which would be down from 2009’s total of 1.32 million metric tons and 2008’s total of 1.35 million metric tons.

The world’s largest farmed salmon producer also reported on Monday that its operational EBIT totaled approximately NOK 790 million (USD 123.8 million, EUR 98.4 million) in the second quarter of 2010, while operational EBIT per kilogram of fish for Marine Harvest Norway reached approximately NOK 11 (USD 1.72 million, EUR 1.37 million).

The Norwegian company will release its second-quarter results on 21 July.

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