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Newly-confirmed CEO Nina Willumsen Grieg outlined the company's shift to a regional focus and from growth to profitability, presenting the second quarter results this morning.

Willumsen Grieg has been interim CEO of the company since March, and has overseen the sale of Grieg Seafood's operations in Finnmark and Canada to Cermaq.

Following the sale, valued at NOK 10.2 billion, Grieg will focus its operations solely on its best-performing Rogaland region in southwestern Norway.

The company's latest operational update shows gains in Norway amid a strategic shift away from Canada announced earlier this year.

Newly-appointed interim CEO Nina Willumsen Grieg presented the Norwegian seafood company's Q1 2025 results today in Oslo.

The "Enhanced Aquaculture Technology for Marine Health Project" will equip six Grieg Seafood Newfoundland sites with Innovasea technology.