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Additionally, the survival rate during the quarter was 99.7% in the grow-out phase.

Former Skretting CEO Viggo Halseth will take over as interim chair until the next general meeting.

The appointment of Tetsuya Kobayashi marks a planned transfer of management from Norway to Japan, as former CFO Ole Christian Willumsen steps down.

The Norwegian land-based salmon producer says it expects improved growth after resolving feeding issues at its Mount Fuji, Japan RAS facility.

The circulation pumps went offline, and the emergency oxygen system didn't work as expected.

The Norwegian company, which operates a land-based salmon farming facility in Japan, expects to achieve positive operational earnings during the first half of 2025.