Marine Harvest’s Fourth-Quarter Volumes Exceed Forecasts

Marine Harvest announced today that it beat its fourth-quarter salmon harvest projections by 8,000 metric tons, despite its struggles with infectious salmon anemia (ISA) at its Chilean farms. Overall, the company’s facilities worldwide produced 90,000 metric tons of H&G fish.

The Norway-based supplier originally forecasted a 10,000-metric ton harvest out of Chile, but was able to produce 15,000 metric tons.

Volume from Norway also exceeded expectations with 53,000 metric tons, up from the forecast of 50,000 metric tons. Other fourth-quarter production figures released by Marine Harvest are as follows: Canada, 8,000 metric tons; Scotland, 10,000 metric tons; and 4,000 metric tons at other locations.

Marine Harvest will post its fourth-quarter financial results on Feb. 4.
 
In other news, Marine Harvest will resume formal ownership of 5.8 million shares of Aker Seafoods of Oslo at NOK 48.34 per share (US$6.77), or 11.9 percent of the outstanding shares.

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