Salmon Evolution achieves good first quarter. Norwegian land-based salmon farmer Salmon Evolution has started 2024 with continued good operational performance and strong harvest results.
The key highlights for the first quarter were:
- Total Q1 harvest volume of 901 tonnes HOG with an average weight of ~4.6 kg (LW) and a superior grade share of 96 %.
- All-in price realisation of NOK ~108/kg.
- Stable operations in fully stocked farm with net biomass growth of ~1,560 tonnes LW, up 8% from Q4.
- Record high standing biomass of almost 2,700 tonnes LW end of quarter.
- Q2 harvest volumes expected in the range of 1,600 – 1,800 tonnes HOG. SALMON EVOLUTION ACHIEVES GOOD
“In the first quarter we had an industry leading superior grade share of 96%, continuing to demonstrate excellent fish welfare,” CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said.
“With Q2 harvest volumes expected to double from Q1, Salmon Evolution is uniquely positioned to capitalise on the current record high salmon prices”, he added.