SSC re­ports strong start to 2016

Fish Farmer - - United Kingdom News -

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.

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