SSC reports strong start to 2016

THE Scottish Salmon Company has reported a strong start to 2016, saying the majority of its sites delivered increased harvests.

Revenues were £29.1 million (up from £27.3 million in Q1 2015) on harvested volumes of 6,741 tonnes (Q1 2014: 6,261 tonnes).

Harvest volumes compared favourably both year on year and with the previous quarter, when weather conditions and routine maintenance impacted on harvesting.

The company said the results were helped by a combination of more positive exchange rates, with the Norwegian krone strengthening, and encouraging market conditions, with industry prices continuing to rise in response to growing consumer demand and lower output from Chile.

Investment in growing export markets has continued with a presence at key trade shows – Seafood Expo Global in Brussels and Seafood Expo North America.