Several salmon-farming firms have released trading updates on their Q1 2026 results.
According to Bergen, Norway-headquartered Lerøy Seafood Group’s (LSG) latest trading update, the firm harvested approximately 39,900 gutted weight tons (GWT) of Atlantic salmon and trout in the first quarter of this year, marking a 1,700-GWT increase on the corresponding period of 2025. The total excludes the harvest from LSG’s 50 percent stake in Scottish Seafarms.
By farming location, its Lerøy Midt operations harvested 16,000 GWT; Lerøy Sjøtroll harvested 15,700 GWT, of which 6,100 GWT was trout; and Lerøy Aurora harvested 7,100 GWT.
From its Lerøy Havfisk segment, LSG’s wild catch totaled 14,300 metric tons (MT) in Q1 2026, representing a decrease of 4,700 MT year over year. The quarter’s catch included 2,700 MT of cod, compared to 3,600 MT previously.
For the full year of 2026, its most recent guided harvest volume for Norway was 195,000 GWT; including its share of Scottish Sea Farms, this is expected to reach 216,500 GWT.
Lerøy’s complete Q1 2026 report will be released on 12 May.
Faroe Islands-based Bakkafrost Group revealed in its latest trading update that it achieved a total Q1 2026 harvest of 31,300 GWT, with its Faroese operations contributing 25,100 GWT and its Scottish operations harvesting 6,200 GWT. In the corresponding quarter of last year, the group reported Faroese and Scottish volumes of 18,900 GWT and 6,300 GWT, respectively.
It also noted that the average weight of fish harvested in the recently concluded quarter were 5.8 kilograms in the Faroes and 6.4 kilograms in Scotland.
The firm recently said it is continuing what it has termed its “de-risking” strategy for its Scottish operations, which have struggled with poor biological performance compared to the company’s farms in the Faroe Islands. Its Scotland operations cost the company millions in revenue in 2025.
Nevertheless, the group’s feed sales for Q1 2026 totaled 35,400 metric tons (MT), compared to 31,300 MT in the same period a year ago.
It has forecast a 2026 harvest of 112,000 GWT, with 92,000 GWT coming from the Faroe Islands and 20,000 GWT from Scotland. The longer-term harvest target for the firm is to reach 162,000 MT by 2030.
Bakkafrost’s full Q1 report will be released on 19 May.
Meanwhile, in the land-based salmon sector, Norwegian producer Salmon Evolution informed the Oslo Børs stock exchange that it has seen a “significant step-change in growth” following implementation of new feed and changes to operational protocols in Q1.
Salmon Evolution’s update advised a harvest of 1,765 GWT, which was in line with its guidance for the period. In the same quarter last year, it harvested 581 GWT.
Salmon Evolution also achieved an all-in price of around NOK 84 (USD 8.80, EUR 7.52) per kilogram for its salmon.
The company announced it should complete its first smolt release into its Phase 2 operations in April.
The firm’s full Q1 2026 report will be released 6 May.
Elsewhere, Nordic Aqua Partners, which has set up a recirculating aquaculture system (RAS) farm for Atlantic salmon in Ningbo, China, confirmed increased harvest volumes, higher average weights, and higher superior rates in Q1.
Its commercial harvest amounted to 771 GWT, while total production during Q1 was 2,161 MT. The firm achieved an average harvest weight of 4.4 kilograms head-on gutted, equivalent to 5.4 kilograms live weight, and a superior rate of 95 percent.
“Overall biological performance remains strong with good fish health, no maturation, and high survival rates,” it said. “Project Stage 2 is close to completion as Nordic Aqua now has successfully transferred fish into all grow-out RAS units.”
The first harvest of its fish in Stage 2 of its operations is expected to take place in September 2026.
Its full Q1 2026 report will be released on 21 May.
