Challenging weather and fish parasites affect Grieg Seafood's Q4 2023 data

The complete report will be released on Thursday 22 February.
Finnmark location of Grieg Seafood's most northerly salmon farm.

Finnmark location of Grieg Seafood's most northerly salmon farm.

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Grieg Seafood has reported that the harvested volume and farming cost in Finnmark were impacted by Spironucleus Salmonicida, winter ulcers, and string jellyfish. In addition, low harvest volume influenced farming costs in Rogaland.

On the other hand, and due to challenging weather conditions and market expectations, parts of the 2023 planned harvest volume in Newfoundland have been deferred to 2024. The company has confirmed that this region is still in the development phase.

In total, Grieg Seafood's harvest volume for the fourth quarter of 2023 was approximately 21.800 tonnes GWT.

The company has confirmed that the complete Q4 2023 report will be released on Thursday 22 February 2024 at 06:00 CET.

Harvest volume (tonnes GWT) by region for the quarter:
Rogaland: 2 200
Finnmark: 10 400
British Columbia: 6 000
Newfoundland: 3 200

Average regional farming costs per kg for the quarter were approximately:
Rogaland: NOK 67.2
Finnmark: NOK 64.7
British Columbia: CAD 11.0
Newfoundland: CAD 12.2

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