Salmon Evolution (OSE: SALME) reports continued improvement in operational performance with all-time high production towards end of Q2.
Q2 operational summary:
- Harvest of 1,232 tonnes HOG with all-in price realization of NOK ~72/kg.
- Continued improvement in operational performance with underlying biomass production of 1,700+ tonnes LW during the quarter.
- Q2 net biomass growth of 1,604 tonnes LW following precautionary pause in feeding in connection with blasting activities for phase 2 water intake pipes, reducing biomass growth with approximately 100 tonnes.
- Fully stocked farm with a standing biomass of 3,043 tonnes LW per Q2, aligned with run-rate target both in volume and individuals.
- All-time high production towards end of Q2 – well positioned for continued positive development.
“Salmon Evolution continues to see stable operations across the farm and enters Q3 with a fully stocked farm and a good biomass composition, boding well for continued positive development in operational KPIs and harvest weights over the coming quarters”, CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said.