Salmon Evolution (OSE: SALME) reports continued stable operations with minimal mortality and all-time high biomass production.
Q3 operational summary:
- Harvest of 1,387 tonnes HOG with all-in price realisation of NOK ~61/kg. Average harvest weight of 3.5 kg HOG, up 20% from last quarter.
- Net biomass growth of ~1,800 tonnes LW, up 6 % from Q2. Fifth consecutive quarter with increased biomass production Q/Q.
- Fully stocked farm with a standing biomass of 3,009 tonnes LW per Q3, aligned with run-rate target both in volume and individuals.
“Salmon prices recovered during September on back of negative year on year growth in Norwegian biomass, supporting an increasingly tight supply-demand balance going into 2026. With a fully stocked farm and steadily improving production and harvest weights, Salmon Evolution is well positioned to capitalize on this”, CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said.