SalMar harvest volumes rise in final quarter of 2025

The Norwegian group saw an overall year-on-year increase of 14%, but volumes in its Icelandic business fell by 41.5%.
SalMar salmon farm in Mefjord, Northern Norway.

SalMar farming site in Mefjord, Northern Norway.

Photo: SalMar.
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SalMar has released its operational update for the fourth quarter of 2025, reporting an increase in its overall harvest volumes compared with the same period last year.

Total harvest volume in Q4 2025 reached 84,100 tonnes gutted weight, up from 73,800 tonnes last year, representing a year-on-year increase of around 14%.

In Central Norway, SalMar's harvest volumes rose to 43,400 tonnes in Q4 2025 from 39,700 tonnes a year earlier, a 9% rise, while Northern Norway recorded an even sharper increase, climbing to 36,900 tonnes from 27,700 tonnes in Q4 2024, equivalent to roughly 33% year on year.

SalMar's Iceland business fared less well during the quarter. Harvests from Icelandic Salmon declined by 41.5% year on year, falling to 3,800 tonnes in Q4 2025 compared with 6,500 tonnes in the same quarter of 2024.

There were no harvest volumes reported from the offshore segment, with SalMar Ocean (previously SalMar Aker Ocean) recording zero harvest, the same as last year.

The company is due to release its full Q4 financial report on 10 February.

Merger with Wilsgård boosts total

In the third quarter, SalMar reported weak financial results due to low market prices for salmon, despite achieving what it described as a "record-high" harvest volume, which showed an increase of 55% year-on-year.

"The positive underlying cost development and continued strong demand for our products set the stage for improved results going forward,” CEO Frode Arntsen argued at the time.

With northern Norwegian salmon producer Wilsgård now part of the group following a merger completed in August, SalMar increased its full-year 2025 volume guidance by 5,000 tonnes to 299,000 tonnes, representing a 19% increase compared with 2024, and 319,000 tonnes in 2026, up 7% year on year.

SalMar salmon farm in Mefjord, Northern Norway.
Norwegian authorities withdraw approval for SalMar-owned offshore farming site

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