Salmon Evolution ASA: Q1 2025 operational update
Salmon Evolution (OSE: SALME) sets new production record in Q1-25 and reports an all-time high standing biomass at the end of the quarter.
Q1 operational summary:
- New all-time high standing biomass of 2,939 tonnes LW at the end of the quarter, a 45% increase since Q4-24 – standing biomass at targeted run-rate levels.
- New production record of 1,624 tonnes LW, up 7% from Q4-24, continuing the trend of steadily increasing production.
- Harvest volume of 581 tonnes HOG, reflecting deliberate focus on biomass growth.
- All-in price realization on harvested fish of NOK ~75/kg.
"We continue to see stable operations across the farm with strong biological KPIs. Coupled with a new production record in Q1 and also hitting our standing biomass target, we are very well positioned for continued operational improvement over the coming quarters”, CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said.