Bergen, Norway-based Lerøy Seafood harvested 29,700 metric tons (MT) of farmed salmon and trout in the second quarter of 2023, down 10 percent from Q2 2022’s 33,083 MT total.
The total excludes volumes from Scottish Sea Farms, a joint venture between Lerøy and Salmar.
Its Q1 2023 slaughter volumes of salmon and trout also decreased 11 percent gutted-weight tonnage (GWT) from Q1 2022 to 28,602 GWT. Nevertheless, for the full year of 2023 and including joint ventures, Lerøy CEO Henning Beltestad estimated in May a total salmonid harvest of 193,500 MT, which is on par with 2022’s volume.
“We expect this to be 2,000 MT more for 2024, to 195,000 MT, and a further increase in 2025 to 205,000 MT,” Lerøy CEO Henning Beltestad said.
Lerøy Aurora in Troms and Finnmark produced 8,300 MT GWT of Atlantic salmon in Q2 2023, while Lerøy Midt in Nordmøre and Trøndelag produced 10,000 MT GWT of Atlantic salmon, and Lerøy Sjøtroll in Vestland had a total harvest of 11,400 MT GWT, of which 3,700 MT was trout.
Lerøy Havfisk’s total wild-catch volume was 23,700 MT for Q2 2023, of which 3,100 MT was cod.
The company’s complete Q2 2023 report will be released on 23 August, 2023.
Lerøy Seafood Group posted record-high revenue of NOK 26.6 billion (USD 2.5 billion, EUR 2.4 billion) in 2022, up from NOK 23 billion (USD 2.2 billion, EUR 2 billion) in 2021.
Its stock price has dropped from NOK 55.15 (USD 5.12, EUR 4.71) at the beginning of 2023, and an all-time high of NOK 89.30 (USD 8.28, EUR 7.62) in April 2022, to its current level of NOK 40.30 (USD 3.74, EUR 3.44) in trading on 6 July.
Photo courtesy of Lerøy Seafood
