Grieg Seafood ASA's Q3 2024 Update: Insights and Projections
Understanding Grieg Seafood ASA's Third Quarter Highlights
Grieg Seafood ASA reported a significant harvest volume for the third quarter of 2024, totaling around 17,700 tonnes GWT. This figure reflects the company's robust operations and dedication to sustainable seafood practices.
Breakdown of Harvest Volumes by Region
During Q3 2024, Grieg Seafood's harvest volume varied across different regions, indicating the geographical diversity of its operations.
Rogaland Region
The Rogaland region led the way with a notable harvest of 8,500 tonnes GWT. This area has consistently been a strong performer due to favorable farming conditions and the company's innovative practices.
Finnmark Performance
Following Rogaland, Finnmark contributed 6,000 tonnes to the total harvest volume. The region's cold waters are ideal for salmon farming, ensuring that the fish thrive in a healthy environment.
British Columbia Contributions
Grieg Seafood also operates in British Columbia, where it harvested 3,200 tonnes this quarter. The North American market is pivotal for the company, allowing for expanded reach and supply of high-quality salmon.
Newfoundland Status
Interestingly, the Newfoundland region recorded zero harvest this quarter. This situation might be temporary, reflecting various operational considerations and environmental factors.
Upcoming Financial Reports
The complete Q3 2024 report is anticipated to be released on a specific date in the future. Such transparency aligns with Grieg Seafood's commitment to keeping stakeholders informed about its financial health and operational progress.
Leadership Contact Information
For any inquiries regarding Grieg Seafood, please reach out to:
Andreas Kvame, CEO
Cell phone: +47 907 71 441
Atle Harald Sandtorv, CFO
Cell phone: +47 908 45 252
About Grieg Seafood ASA
Grieg Seafood ASA stands out as one of the premier salmon farmers worldwide. Its farms are strategically located in Rogaland and Finnmark in Norway, alongside operations in British Columbia and Newfoundland in Canada. The company’s headquarters are situated in Bergen, Norway, where it has championed sustainable farming practices since its listing on the Oslo Stock Exchange in 2007.
Central to Grieg Seafood's mission is a commitment to sustainability. The company emphasizes minimizing environmental impacts while enhancing fish welfare, demonstrating that ethical responsibility can coexist with financial success.
Frequently Asked Questions
1. What were Grieg Seafood's harvest volumes for Q3 2024?
Grieg Seafood reported a total harvest volume of approximately 17,700 tonnes GWT for Q3 2024.
2. Which region had the highest harvest volume?
The Rogaland region had the highest harvest volume, contributing 8,500 tonnes GWT.
3. When will the complete Q3 2024 report be released?
The complete report is set to be released on a specific date in the future, keeping stakeholders informed.
4. Who can I contact for more information about Grieg Seafood?
You can contact Andreas Kvame, CEO, or Atle Harald Sandtorv, CFO, for inquiries regarding the company.
5. Where are Grieg Seafood's farms located?
Grieg Seafood operates farms in Rogaland and Finnmark in Norway, and in British Columbia and Newfoundland in Canada.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.