Good salmon harvests for the first half of 2013 led to positive numbers for the Scottish Salmon Co., according to its mid-year report.
Revenues for 2Q 2013 reached GBP 23.7 million (USD 36.8 million, EUR 27.7 million), up from GBP 17.5 million (USD 27.2 million, EUR 20.5 million) recorded in the same quarter last year. For the year to date, 1H results stood at GBP 42.5 million (USD 65.9 million, EUR 49.7 million), an improvement over the GBP 30.2 million (USD 46.9 million, EUR 35.3 million) recorded in 1H 2012. Harvest volumes were also up, recorded in 2Q at 5,976 metric tons (MT), compared to 5,290 MT recorded in the same quarter in 2012.
The company also cited improved market demand and increased efficiencies in the company’s operations as factors.
“Good biological performance of the salmon harvested in the first six months of 2013 ensured high quality salmon capable of achieving good prices as global markets rose,” the company said in its report. “The good growth and quality of the harvested fish also opened up opportunities for increased export sales during Q2.”
Revenues for 2Q 2013 reached GBP 23.7 million (USD 36.8 million, EUR 27.7 million), up from GBP 17.5 million (USD 27.2 million, EUR 20.5 million) recorded in the same quarter last year. For the year to date, 1H results stood at GBP 42.5 million (USD 65.9 million, EUR 49.7 million), an improvement over the GBP 30.2 million (USD 46.9 million, EUR 35.3 million) recorded in 1H 2012. Harvest volumes were also up, recorded in 2Q at 5,976 metric tons (MT), compared to 5,290 MT recorded in the same quarter in 2012.
The company also cited improved market demand and increased efficiencies in the company’s operations as factors.
“Good biological performance of the salmon harvested in the first six months of 2013 ensured high quality salmon capable of achieving good prices as global markets rose,” the company said in its report. “The good growth and quality of the harvested fish also opened up opportunities for increased export sales during Q2.”
