Scottish Salmon Co. has positive first quarter
The Scottish Salmon Company’s 2013 1Q report is out, and the company has reported good results and a positive outlook for the rest of the year.
According to the report, revenues are up compared to 2012, with GBP 18.7 million (USD million, EUR million), compared to the GBP 12.7 million (USD million, EUR million) recorded in 2012. The company indicated higher volumes this quarter too, with 5,092 metric tons (MT) compared to the 3,688 MT harvested at this time last year. The company indicated the higher volumes, coupled with higher salmon prices, led to the increase.
Stewart McLelland, CEO at The Scottish Salmon Company said:
"The company has delivered strong Q1 results, providing a very positive start to the year,” said Stewart McLelland, the company’s CEO. “We are encouraged by good biological performance and improvements across our salmon stock, which has been endorsed most recently with the Label Rouge accreditation.”