Frøya Municipality, Norway-headquartered salmon farmer SalMar ASA harvested 52,100 metric tons (MT) of head-on gutted (HOG) salmon in the third quarter of 2021, up 20,000 MT on the corresponding period of 2020, with larger volumes coming from its Norwegian and Icelandic operations, according to the producer’s latest trading update.
Regionally, Fish Farming Central Norway, which is the group’s largest business segment, harvested a total of 34,200 MT of salmon in the last quarter, some 4,100 MT more than in Q3 2020. Fish Farming Northern Norway contributed around 15,500 MT of salmon in the first three months of this year, which was 10,200 MT more than a year previously.
At the same time, its subsidiary Icelandic Salmon produced 2,400 MT in the quarter, which was 700 MT more than in the corresponding period of 2020.
Also in the third quarter, SalMar acquired ownership interests in Nekton Havbruk AS and Refsnes Laks AS, which together have given it 5,500 MT of increased maximum allowed biomass for salmon production in central Norway. However, it failed in its attempt to purchase all outstanding shares in Norway Royal Salmon, losing out to Norwegian aquaculture group NTS ASA.
SalMar’s full report for Q3 2021 will be released on 17 November.
Excluding volumes from Norskott Havbruk (Scottish Sea Farms), which it co-owns, the group harvested 73,500 MT in the first six months of this year. In the corresponding period of 2020, it harvested 80,900 MT. Its gross operating revenues for the period were NOK 6.4 billion (USD 747.7 million, EUR 646.4 million), down from NOK 6.9 billion (USD 806 million, EUR 696.9 million) in the first half of 2020.
For the full-year 2021, it has forecast a 2021 salmon harvest of 163,000 MT in Norway and 14,000 MT in Iceland.
Photo courtesy of SalMar
