Mowi, SalMar, Grieg report impressive Q4 2023 harvests

Salmon farm in Norway.

Major Norwegian salmon farmers closed out 2023 on a strong note, with many posting either record-high Q4 2023 harvests and/or full-year 2023 harvests.

Bergen, Norway-headquartered salmon-farming firm Mowi harvested around 129,000 metric tons (MT) of gutted weight equivalent (GWE) farmed salmon in the closing quarter of 2023, rounding out a record full-year harvest of 475,000 MT for the world’s largest salmon farmer.

According to the company’s latest trading update, the volume produced by its Farming Norway segment in Q4 2023 amounted to 81,000 MT. Farming Scotland, Farming Chile, Farming Canada, Farming Faroes, and Farming Iceland (Arctic Fish) harvested 10,500 MT, 27,500 MT, 4,000 MT, 3,500 MT, and 2,500 MT, respectively.

Farming Ireland recorded no harvest in the quarter.

The group’s operational earnings before interest and taxes (EBIT) for the period totaled approximately ...

Photo courtesy of GaudiLab/Shutterstock

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