Salmon Evolution ASA (the “Company”, OSE: SALME) harvested 680 tonnes HOG in Q3 and reiterates the harvest guidance of approximately 2,500 tonnes HOG for the second half of 2024, taking full year harvest volume to approximately 5,000 HOG. The Company had good biomass buildup during the quarter, with steady improvement in daily growth rates and continued strong results on key parameters such as feed conversion ratio, mortality and superior grade share.
Q3 operational summary:
- Harvest of 680 tonnes HOG with superior grade share of 98 %.
- All-in price realization of NOK 72/kg.
- Average weight of 3.3 kg (HOG), up 10 % from Q2.
- Standing biomass of 2,582 tonnes LW end Q3.
“Biomass production is steadily improving at Indre Harøy, with a wide range of initiatives ongoing to take out the full growth potential”, CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said. “The standing biomass is close to record levels going into Q4, which together with a further increase in expected harvest weights, makes us well positioned to capitalize on the expected price rebound”, he said.