Reporting its Q1 results, the land-based aquaculture company said stronger-than-expected growth has enabled its inaugural post-smolt sale to take place ahead of schedule.
The Norwegian salmon farmer said the private placement support ongoing construction at Kvalnes, while a new deal with Eidsfjord Sjøfarm has been struck to support smolt supply, post-smolt sales and pr ...
Presenting the Q4 results, CEO Nina Willumsen Grieg outlined the company's strategic shift from global growth to regional profitability, including land-based post-smolt investment.
After full-scale testing under a development licence, the closed containment facility is now being prepared for commercial operations with a new focus on post-smolt.
