Aquaculture for all

Shetland still struggling with sea lice

Salmonids Health Economics +3 more

Scottish Sea Farms harvested no fish from its Shetland operations in the first quarter of the year, due to the ongoing impact of high lice levels in the region.

As a result, the company has pledged to continue to invest in increased treatment capacity and extensive use of cleanerfish in order to improve the situation, according to its Q1 report, which was published today. Meanwhile the report revealed that biological developments were good in the company’s other operating areas – mainland Scotland and the Orkneys.

The company is jointly owned by SalMar and Lerøy, and generated gross operating revenues of NOK 372.4 million in the first quarter 2017, up from NOK 354.6 million in the previous quarter, but down from NOK 421.6 million in the first quarter 2016.

In total it harvested 5,900 tonnes of salmon in the quarter, 100 tonnes more than in the previous period, but 1,100 tonnes less than in the corresponding period last year. Operating profit (EBIT) per kg gutted weight came to NOK 24.22, marginally down from the NOK 24.39 per kg achieved in the previous quarter, but up NOK 12.65 per kg compared to the first quarter last year.

The company’s results were negatively affected by a relatively high contract rate, which accounted for 51 per cent of the volume harvested during the period. They expect to harvest around 30,000 tonnes of salmon in 2017 - 2,000 tonnes more than in 2016.

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