Bergen, Norway-headquartered fish farming and fishing company Lerøy Seafood Group harvested more salmon and trout, and caught more whitefish, in the second quarter of 2020.
The company harvested 38,900 gutted weight tonnage (GWT) of salmon and trout in the second quarter of this year, representing an increase of 1,800 GWT compared with the corresponding period of 2019.
The contribution to the farmed fish total from the operations at Lerøy Aurora amounted to 3,700 GWT, down from 5,000 GWT in Q2 2019; and Lerøy Midt provided 15,800 GWT, down from 18,600 MT. Countering those downturns was Lerøy Sjøtroll, which contributed 19,300 GWT, up from 13,400 GWT.
Some 35 percent of Lerøy Sjøtroll’s total harvest volume in the last quarter was trout.
In terms of its second-quarter whitefish catch, Havfisk landed 19,700 metric tons (MT) of fish, representing an increase of 3,800 MT year-on-year. Of these landings, cod accounted for 2,300 MT, down from 3,000 MT.
In the first six months of 2020, LSG harvested a total 78,200 GWT of salmon and trout, which was 8,800 GWT more than at the same stage of last year. Its whitefish landings over the same period increased by 8,300 MT year-on-year to 44,700 MT, including 14,800 MT of cod.
LSG’s full second-quarter 2020 report will be released on 20 August.
In the first quarter, the company posted increased revenues of NOK 5.3 billion (USD 558.4 million, EUR 495.3 million), and a higher operating profit before fair value adjustments of NOK 816 million (USD 86 million, EUR 76.3 million). While the Q1 earnings for the Farming and Wild Catch segments improved, those of its VAP, Sales and Distribution (VAPS&D) segment declined. At the same time, it confirmed that the effects of the coronavirus crisis had increased as it progressed through the opening months of the year.
Previously, LSG estimated a total 2020 salmonid harvest between 183,000 and 188,000 GWT, including its volume from associates, alongside a whitefish catch of approximately 65,000 MT.
Photo courtesy of Lerøy Seafood Group
