Lerøy Seafood Group ASA's Q3 2024 Trading Insights Revealed
Overview of Harvest and Catch Volumes
Lerøy Seafood Group ASA has provided an update on its trading performance for the third quarter of 2024. This update showcases the company's ability to adapt to market demands while maintaining its commitment to sustainability and quality in fishery practices.
Salmon and Trout Harvesting Performance
The total harvest volume for salmon and trout reached 51,400 GWT in Q3 2024. This reflects a slight decrease from the 53,900 GWT harvested in the same quarter last year, specifically excluding figures from Scottish Seafarms. Let’s delve into the individual performances recorded by Lerøy's various regional companies.
Lerøy Aurora's Contribution
Lerøy Aurora contributed an impressive 17.6 thousand GWT in this quarter, which is a modest increase from 16.5 thousand GWT in Q3 2023. This growth showcases their ongoing efforts in optimizing harvesting techniques.
Lerøy Midt's Performance
Conversely, Lerøy Midt reported 16.9 thousand GWT, showing a notable decrease from 22.4 thousand GWT in the previous year. This decline highlights the challenges faced in certain regional environments, necessitating a reassessment of their fishing strategies moving forward.
Lerøy Sjøtroll's Harvest
Lerøy Sjøtroll reported a harvest volume of 16.8 thousand GWT, including 6.8 thousand GWT of trout. The previous year showed a harvest of 14.9 thousand GWT, of which 7.1 thousand GWT was trout. This indicates a stabilization in trout production which might be beneficial in the upcoming quarters.
Wildfish Catch Statistics
Alongside their cultivated fish outputs, Lerøy's wildcatch division, Lerøy Havfisk, has reported total wild catch volumes in the third quarter of 2024, quantified at 13.3 thousand tonnes. This includes 1.5 thousand tonnes of cod, down from 14.4 thousand tonnes, with a reduction in cod catch from 3.5 thousand tonnes in Q3 2023.
Future Perspectives and Key Reports
Looking ahead, the complete trading report for Q3 2024 is anticipated to be released, providing deeper insights and analyses. This report is scheduled for publication on 14 November 2024 at 06:30 CET, where further revelations about the company’s strategies and performance will be unveiled. Stakeholders are encouraged to stay tuned for this comprehensive update.
Company Inquiries
For any queries regarding these updates, interested parties are welcome to contact Sjur S. Malm, the CFO of Lerøy Seafood Group ASA. The company remains committed to transparency and open communication with its shareholders and the public.
Frequently Asked Questions
What was Lerøy’s total harvest volume for Q3 2024?
The total harvest volume for salmon and trout in Q3 2024 was 51,400 GWT.
How does the Q3 2024 harvest compare to Q3 2023?
In Q3 2023, the total harvest volume was 53,900 GWT, marking a decrease in Q3 2024.
What is the estimated release date for the complete Q3 2024 report?
The complete report is set to be released on 14 November 2024 at 06:30 CET.
What trends are evident in the wildfish catch for Q3 2024?
The wildcatch total reported by Lerøy Havfisk was 13.3 thousand tonnes, a decrease from 14.4 thousand tonnes in Q3 2023.
Who can be contacted for more information about this report?
Queries may be directed to the company's CFO, Sjur S. Malm, for further insights and clarifications.
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