Yields yo-yo as Marine Harvest's Atlantic sites outperform Pacific counterparts
Marine Harvest’s latest figures show its salmon farms in Norway, Scotland, Faroes and Ireland are outperforming those in Canada and Chile – but the prices achieved have fluctuated from last year.
The company’s preliminary Q2 results, published today, reveal a total harvest volume of 82 thousand tonnes, for an operational EBIT of €175 million, down from an all-time high of €198m in the same period last year.
The top region in terms of EBIT/kg was the Faroes, where 1,000 tonnes were harvested at €2.90/kg. Sites in Norway harvested 49,500 tonnes at €2.55/kg (up from €2.50/kg in 2017). The harvest in Scotland was 9,000 tonnes at €2.35/kg (down from €3.10/kg in 2017), while Ireland the figure was 1,000 tonnes at €2.20/kg (down from €3.350/kg in Q2 2017).
MH’s sites in Chile recorded 10,000 tonnes at €1.85/kg (up from €1.46/kg in Q2 last year) and its Canada operations harvested 8,000 tonnes at €1/kg (down from €2.34/kg in Q2 last year).
The figures do not include the results of Northern Harvest, the group’s recently acquired business on the east coast of Canada, but these will feature in the Q3 report.
