Lerøy Seafood Group ASA Reports Growth in Q4 Harvest Volumes
Positive Growth in Harvest Volumes for Q4 2024
Lerøy Seafood Group ASA has reported encouraging results for the fourth quarter of 2024, showcasing a substantial increase in the harvest volumes of both salmon and trout. With a total harvest volume reaching 56,800 GWT, this is a significant rise from the 47,500 GWT recorded in the same quarter the previous year.
Annual Harvest Performance
For the entire year of 2024, the company enjoyed a total harvested volume of 171,200 GWT, representing a marked increase from 159,600 GWT in 2023. This impressive performance underscores the effectiveness of Lerøy's operational strategies in enhancing production capabilities. Notably, the figures reflect harvest volumes exclusive of Scottish Seafarms, focusing solely on Lerøy's internal operations.
Regional Breakdown of Harvest Volumes
Delving deeper into the regional performance, the breakdown of harvest volumes for Q4 2024 is as follows (alongside Q4 2023 figures in parentheses):
Lerøy Aurora
The Lerøy Aurora region contributed 15.4 GWT, up from 12.5 GWT.
Lerøy Midt
In the Lerøy Midt area, harvest volumes reached 22.6 GWT, up from 20.3 GWT the previous year.
Lerøy Sjøtroll
This region recorded a total of 18.8 GWT, which included 8.2 GWT of trout, compared to 14.7 GWT and 6.5 GWT of trout in the same quarter last year.
Wildfish Catch Volumes
Annual Catch Report
From a yearly perspective, the catch volumes in 2024 declined to 65,000 tonnes compared to 75,900 tonnes in 2023. This decrease reflects the challenges and shifts seen in the wildfish segment of the industry. Despite these fluctuations, Lerøy continues to adapt and optimize its processes for sustainable fishing practices.
Upcoming Reports and Inquiry Opportunities
The complete Q4 2024 report is set to be unveiled on February 28, 2025, at 06:30 CET, allowing stakeholders to delve into the detailed financial performance and operational highlights of the group. Inquiries about the report can be directed to CFO Sjur S. Malm, who is available to address any related questions.
Frequently Asked Questions
What are the key harvest figures reported for Q4 2024?
Lerøy Seafood Group ASA harvested 56,800 GWT of salmon and trout in Q4 2024, an increase from 47,500 GWT in Q4 2023.
How does the 2024 harvest volume compare to previous years?
The total harvested volume for 2024 was 171,200 GWT, up from 159,600 GWT in 2023, indicating positive growth.
What regions contributed to the harvest volumes?
The harvest volumes were primarily attributed to three regions: Lerøy Aurora, Lerøy Midt, and Lerøy Sjøtroll.
What is the wildcatch performance for Q4 2024?
Lerøy's total wildcatch for Q4 2024 was 9.8 thousand tonnes, including 3.1 thousand tonnes of cod.
When will the full Q4 2024 report be released?
The comprehensive report will be published on February 28, 2025, at 06:30 CET, detailing the group's performance and strategies.
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